Legal Due Diligence · glossary
The most that can be recovered if something goes wrong. Contract review checks caps both ways: in customer terms they protect the target, and in supplier terms they limit what it recovers. The engagement letter caps the law firm's liability for its report, at €10 million on Sunrise. Chapter 2 · Chapter 7
Explained in Chapter 2, The Cast and the Setup, of Legal Due Diligence.
The main page for this term is Liability cap, in IP Licensing.
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of Legal Due Diligence and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
Related terms
Where this term lives
This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Legal Due Diligence → · All terms A–Z →