110790
Recorded Webinars
Recorded Interactive Webinar: Allocating Risk in Commercial Contracts: Indemnities, Liability Caps and Insurance Gaps
Getting risk allocation wrong in a commercial contract can have consequences far beyond what the parties intended. Indemnities that are too broad, liability caps that don’t respond as expected, and insurance arrangements that don’t align with contractual risk can leave clients dan
PRESENTED BY
Sophy Woodward
Special Counsel, HFW
Date/Time
About the Webinar
Getting risk allocation wrong in a commercial contract can have consequences far beyond what the parties intended. Indemnities that are too broad, liability caps that don’t respond as expected, and insurance arrangements that don’t align with contractual risk can leave clients dangerously exposed. This session focuses on how risk is actually allocated — and misallocated — in practice, and what advisers need to look for when drafting, reviewing and negotiating commercial agreements. It covers:
- The different roles of indemnities, damages and limitation of liability clauses — and how they interact
- Drafting indemnities: what they cover, how they are triggered, and where they go too far
- Liability caps and exclusions: what can (and cannot) be limited, and common drafting traps
- The treatment of consequential loss and why it is often misunderstood
- When liability becomes effectively “uncapped” despite the wording of the contract
- The critical (and often overlooked) alignment between contractual risk and insurance cover
- Key negotiation pressure points and how to approach them from both sides of the table
Presented By
Sophy Woodward
Special Counsel, HFWWho Should Attend?
This webinar is suitable for lawyers practising in commercial law – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
CPD Information
Lawyers can claim up to 1 CPD unit/point – substantive law. This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.
OPTIONAL ONLINE QUIZ
We will be adding an optional online quiz to the recording of this webinar to make it interactive in terms of the type of CPD that can be claimed. Upon completion of the quiz the successful registered user will receive a CPD certificate confirming completion and the CPD units/points/hours earned. The online quiz will be available with the recording – typically within 1 to 2 days of the live webinar being held.
WA lawyers – Please note that TEN is unable to verify your completion of recorded webinars to the Legal Practice Board of WA. TEN is an accredited provider.
While TEN takes all reasonable care to include accurate and up-to-date information regarding CPD category classifications and compliance obligations, information regarding CPD point allocation are provided as a guide only. Allocation of CPD points is subject to the CPD requirements of your jurisdiction, personal circumstances and professional requirements. You are solely responsible for determining whether a particular product is appropriate for your CPD requirements.
Enquiries/Assistance
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Jason Hooker on (03) 8601 7709 or email: [email protected]