AUDIO – Case Study – Liability Limitations in Contracts – Photo Production vs Securicor Transport
€ 5.00
Description
In this episode of IAX World of Contracts, we explore the landmark case Photo Production Ltd v. Securicor Transport Ltd (1980), which reinforced the enforceability of exclusion clauses in commercial contracts. The case showed that companies can limit their liability for employee actions, even in cases of deliberate harm, provided the clause is clearly expressed. This episode is essential for contract managers, legal professionals, and business leaders looking to understand the importance of clear drafting and liability management in contracts.
By the end of this episode, you’ll have a deeper understanding of how exclusion clauses work, the principle of freedom of contract, and the importance of carefully negotiating and drafting commercial agreements.