Drafting Common Law Contracts In English (4)
Indemnification and Limitation of Liability
Objectifs pédagogiques
At the end of the training the participant must be able to:• Understand Indemnification and Its Utility In Common Law Contracts
• Understand the Common Law Basis For The Exclusion Of “Consequential Damages”
• Understand the Common Law Basis For The Exclusion Of “Lost Profits”
• Learn How to Otherwise Limit Your Company’s Liability In Common Law Contracts
• Understand the Carve-Outs From Limitations And Exclusions
• Learn How to Draft Indemnification Clauses, Exclusion Clauses, Limitation Of Liability Clauses And Carve-Out Clauses
• Understand the Difference Between Buy-Side And Sell-Side Perspectives In Drafting These Clauses
Public concerné
Directeur juridique Expert Juriste en transition Juriste généralistePré-requis
Être titulaire d’un Master 2 en droit ou équivalent.La formation est délivrée en anglais : la maîtrise de l’anglais professionnel est fortement recommandée.
Vous pouvez si vous le souhaitez suivre les modules « Drafting Contracts In English : Parts 1 & 2 & 3 » au préalable.
Cette formation porte sur le Common Law ; le contrat utilisé comme base de formation est sous la loi de New York.
Cette formation est ouverte aux adhérents AFJE et aux non adhérents.
Niveau : intermédiaire , perfectionnement
Durée et modalités d'organisation :
08h00-13h00 (5h) - Accueil dès 7h45Effectif prévu : de 8 à 12 stagiaires.
Lieu de la formation
AFJE, 5 rue du Chevalier de Saint George – 75008 PARISContenu de la formation
Primer on Indemnification
-What is the history of indemnification?
-What are the 5 Elements of Indemnification?
-What is the difference among indemnification, duty to defend, hold harmless?
Exercises 1 and 2
Convert simple clause to supply side
Convert clause in MPA to customer side
Primer on Liability
-What are the types of damages recoverable under Common Law?
Exercise 3
Exclusions from Liability – Consequential Damages and Lost Profits
-US case: Hadley v. Baxendale
-What are consequential damages and lost profits under Common Law?
-What are direct and indirect lost profits?
-Are you correctly excluding them?
-Drafting tips for exclusions from liability clauses, buy-side and sell-side
-How do recent Court decisions define the concept?
Exercises 4 and 5
Analysis of 3 seemingly inconsistent cases defining consequential damages
Convert customer’s exclusion of consequential damages clause to supply side position
Limitations of Liability
-Identification of the various limitations of liability, analysis under recent Court decisions
-Pointers and drafting tips for limitation of liability clauses, buy-side and sell-side
Exercise 6
Supply side participants choose appropriate limitations of liability; Customer side participants choose appropriate limitations of liability
Enforceability and Final Thoughts
-Enforceability of exclusion and limitations clauses
-Summary of pointers and practice tips on limitations and exclusions
Carve-Outs
-Identifying carve-outs from limitation on liability clauses, buy-side and sell-side perspectives
-Discussion of fraud as a carve-out
Exercise 7
Supply side participants choose appropriate carve-outs; Customer side participants choose appropriate carve-outs
Formateur
Modalités d'évaluation
Evaluation orale par les formateurs, auto-évaluation et QCM.Moyens et méthodes pédagogiques
L’animation s’appuie sur des exposés, des exemples récents de jurisprudence, et des exercices en groupe.A NY law governed supply contract (American supplier / French customer) will be used throughout the course as a basis for the exercises.
Moyens techniques
Le lieu de la session est équipé de vidéo-projection et paperboard.Tarifs
Adhérent AFJE : 400 €HT (480 €TTC)Non-adhérent : 550 €HT (660 €TTC)
