RISK MITIGATION & ALLOCATION – DRAFTING TO MAXIMISE CONTRACT PERFORMANCE
Best Practice Drafting for Contentious Clauses
16 May 2014
Harbour Grand, Hong Kong
25% DISCOUNT for HKCCA members!
Risk allocation between contracting parties tends to be one of the more contentious issues in contract negotiation. Considering the increasing complexity of transactions, as well as the potential liability for breaches of contract, the drafting of risk allocation clauses such as indemnities, limitations on liability, termination rights, force majeure and contractual remedies clauses, can often be a cause of discord between contracting parties. These types of clauses are difficult to draft properly and if drafted too vaguely, can create ground for conflict.
Attend this practical workshop to learn best practice methods on drafting these clauses. Our esteemed instructor, Jamie Benson, Director of Duane Morris & Selvam, will impart tools and tips on how to draft these proficiently to enable you to mitigate risk and safeguard the performance your contracts.
- How to effectively draft common risk allocation mechanisms such as indemnification, limitations on liability, termination rights, force majeure, contractual remedies, insurance coverage, payment terms and guarantees
- Gain clarity with regards to drafting assignment and novation clauses by distinguishing between rights and obligations, understanding assignable rights and prohibitions, and avoiding confusion between assignment and novation
- How best to utilise performance securities in contracts
- How to draft effective releases
All HKCCA members receive a 25% DISCOUNT!
Ensure your organisation is well-represented at this must-attend event; get your associates and colleagues to come along to this informative seminar! REGISTER NOW, or click here for more information.
Kindly call +65 6887 7187 or email firstname.lastname@example.org if you have any queries. We look forward to seeing you at the seminar on May 16 2014!