This webinar will provide guidance regarding the appropriate limitation of liability (LOL) clauses in contracts dealing with fiduciary relationships. The LOL clause can operate to limit a party’s direct, indirect, consequential, special, and incidental damages or may cap damages at either an amount agreed upon by the parties, the contract amount, or the parties’ insurance coverage limits. The speaker will discuss critical considerations when crafting the provisions, enforceability challenges, the interplay of LOL clauses with other provisions, and the impact of the fiduciary relationship on the limitation being enforceable.
Date: Tuesday, March 14, 2023
Time: 10:00 – 11:00 a.m. Central Time
Speaker: David F. Johnson
Continuing Education Credit Information:
This course has been approved by the State Bar of Texas Committee on MCLE in the amount of 1 credit hour. This course has also been approved for 1 CTFA credit by the American Bankers Association, attendees can self report.
Who should attend:
In-house counsel and other litigation contacts, trust officers, risk management contacts, and wealth advisors