Contractual Limitation of Liability Enforceability
Synthèse Legislator
Généré par l'IAThe dispute concerned the enforceability of a provision in a governing document that purported to limit the liability of a party for certain types of damages arising from a contract, despite a claim that the limitation was unconscionable and unenforceable. The court reasoned that the specific provision was not unconscionable because it was a bargained-for allocation of risk between sophisticated parties, there was no procedural unconscionability based on fine print or fine print, and the substantive terms, while excluding certain damages, were not so one-sided as to shock the conscience, thus upholding the contractual limitation of liability.
Regeste Legislator
Généré par l'IAArt. 66 al. 1 LTF, Art. 64 LTF; Contractual Limitation of Liability Enforceability: The court reasoned that the specific provision was not unconscionable because it was a bargained-for allocation of risk between sophisticated parties, there was no procedural unconscionability based on fine print or fine print, and the substantive terms, while excluding certain damages, were not so one-sided as to shock the conscience, thus upholding the contractual limitation of liability.
Mots-clés
Généré par l'IADispositions légales citées
Généré par l'IADécisions connexes
Généré par l'IAQuestions juridiques clés extraites par Legislator
Généré par l'IACited in order 3) to regulate the costs of the proceedings.
Cited in order 4) concerning the allocation of costs, related to the legal aid request.
Texte complet
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