News & Analysis as of October 16, 2024

Liability

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Federal Contractors and Subcontractors May Want to Double-Check the Liability Caps in Their Agreements After This Court Decision

Venable LLP on 2/28/2024

When two companies negotiate a subcontract in support of a federal government prime contract ("federal subcontract"), they may include provisions capping their liability to each other at specific amounts. In structuring such...more

Coronavirus and the Energy Industry: Drilling into Force Majeure Clauses

Gray Reed on 3/17/2020

Many oil and gas contracts – leases and JOAs for example – have force majeure clauses. The purpose is to allow contracting parties to suspend or terminate performance when certain circumstances arise that are beyond their...more

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Contract Drafting › Breach of Contract › Liability

Federal Contractors and Subcontractors May Want to Double-Check the Liability Caps in Their Agreements After This Court Decision

Coronavirus and the Energy Industry: Drilling into Force Majeure Clauses

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