Commercial Contracts - Develop Your Knowledge

Introduction

This virtual classroom seminar is aimed at those who already have some experience of reviewing and amending commercial contracts but are keen to develop that knowledge further.

The live session is structured around a series of practical examples, drawn from the trainer’s own considerable experience of this topic, and is delivered with an emphasis on finding common sense solutions and risk management.

What You Will Learn

This live and interactive session will cover the following:

Non-Disclosure Agreements

• When should they be used?
• What are the key issues to watch out for?
• How can they be amended to ensure a balance in the rights of the parties?
• What happens if there is no NDA in place?

Good Faith

• What does ‘good faith’ actually mean?
• Is a duty to act in good faith enforceable?
• How will such a duty be interpreted by the courts?

Exclusion and Limitation Clauses

• What are the key components of successful exclusion and limitation clauses?
• How have the courts interpreted the rules on exclusion and limitation clauses in recent cases?
• What are the key areas of dispute when drafting these clauses?

Liquidated Damages

• What is meant by ‘liquidated damages’?
• Penalty clauses - how are they different from liquidated damages?
• How do we ensure that our liquidated damages clauses are effective?

Force Majeure

• How is ‘force majeure’ defined?
• What is the effect of ‘force majeure’?
• What key elements need to be included in a force majeure clause?
• What can be done in the absence of a force majeure clause?

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.