UIA Seminar - Drafting Effective International Contracts – How to Tailor Liability and Ringfence Risks in International Sales and Distribution Contracts
UIA Seminar - Drafting Effective International Contracts – How to Tailor Liability and Ringfence Risks in International Sales and Distribution Contracts
This seminar will analyse how to estimate, prevent and manage the parties “exposure” to damages in international commercial contracts.
In this context limitation liability clauses have a key role. In drafting such clauses parties should evaluate the possible type, entity of damage that may arise from the breach of contract and be sure that the clause limiting or excluding their liability will be effective. In this context, the use of the correct wording and knowledge of the true nature of damages under the applicable law of the contract is important.
The seminar shall address the issue of managing the risk of damages in the context of single sale contracts as well as in the context of supply chains.
During the seminar we will analyse the fundamental differences in the approach of common and civil law systems in contract drafting. We will examine and discuss with the participants real life practical examples of selected liability clauses after which participants will be involved in a workshop on drafting of liability provisions.
This first part the seminar will be followed by an analysis of some critical aspects such as how to prove the damages in case of breach of contract, how to collect the evidence, prove damages and evaluate the possible damages claims in case of litigation.
Legal experts, academics, practitioners and in-house counsels will share their experiences and exchange views on possible strategies to limit liability through contractual clauses on one side and, on the other side, once the contract has been breached, to effectively claim for damages.
We look forward to seeing you in Prague!
