Limitations of Liability - Which Way Now?

Of all the clauses in IT contracts, limitations of liability usually attract the most attention. This is not altogether surprising; IT systems are frequently of a ‘business critical’ nature, such that defects or defaults in performance can often give rise to significant losses, which will equally often be out of proportion to the levels of fees. Kit Burden of Barlow Lyde & Gilbert focuses on the Horace Holman case and re-evaluates its importance.

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