Tuesday, June 24, 2014
Negotiating waivers of consequential damages
Now we have another in the series of videos from Rick Climan and Keith Flaum at Weil in which they negotiate provisions of a merger agreement before an audience - with some animation to keep you engaged. This series is really interesting and - especially for young associates - worth every minute of time you spend with it. This latest video revisits the issue of indemnification and damages that the pair discussed in an earlier video (Rube Goldberg). In this video they discuss negotiating waivers of consequential damages.
The case on consequential damages that Keith refers to in the video is Biotronik v Conor Medsystems Ireland.