Risky Business: Navigating Termination Clauses - Common Pitfalls & Errors

Introduction

Termination provisions represent critical junctures in commercial relationships where significant value is at stake, making this webinar essential for practitioners navigating the legal landscape of contract termination rights. Practitioners who misunderstand the distinctions between common law and contractual termination rights risk inadvertently committing repudiatory breaches themselves, potentially facing significant damages claims and litigation costs.

By viewing this webinar, you will gain practical insights on areas such as termination for convenience, termination for cause, material breach, and when and how to exclude common law termination rights. It will apply the key principles to life real examples providing actionable insights.

What You Will Learn

This webinar will cover the following:

• How to distinguish between common law termination rights and contractual termination provisions, and the critical implications for recoverable damages
• Practical techniques for drafting effective termination clauses, including both ‘termination for convenience’ and ‘termination for cause’ provisions
• Strategies for defining ‘material breach’ with precision to avoid uncertainty and disputes
• Best practices for drafting notice provisions, including form requirements and service mechanics
• How to effectively exclude common law termination rights when desired
• Common pitfalls when terminating contract and how to avoid exposing your client to greater liability
• Practical exercises demonstrating the application of termination principles to realistic scenarios

This pre-recorded webinar will be available to view from Friday 25th July 2025

Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.