Training Available: Key Liability Terms in Contracts about AI, the Cloud, and other Software
Join us, on your schedule, for David Tollen’s focused analysis of Key Liability Terms in Contracts about AI, the Cloud, and other Software: Warranty, Limit of Liability, and More. This program covers both the most common liability terms, and those contract drafters tend to understand least – including new issues related to generative artificial intelligence (gen-AI). In […]
Your limit of liability might not work on your indemnity
The parties to IT contracts generally agree that the limit of liability (LoL) won’t apply to indemnities. After all, if one party takes responsibility for a third party lawsuit against the other (a third party indemnity) why would that responsibility suddenly end? If the vendor indemnifies against IP claims, for instance, why would it stop […]