Contract Clauses That Can Make or Break Your Business

Episode Summary:

In this episode of "In the Courtroom and the Boardroom," host Kevin Rosenquist and trial attorney Colleen McKnight discuss critical contract clauses that can significantly impact businesses. They explore indemnity clauses, venue/jurisdiction clauses, force majeure provisions, and consequential damage waivers, providing valuable insights for business owners on protecting their interests through proper contract drafting.

 

Key Timestamps:

00:36 - Introduction to indemnity clauses and their risks

03:39 - Discussion of venue and jurisdiction clauses, focusing on Texas law advantages

07:23 - Force majeure clauses explained, including post-pandemic implications

11:02 - Understanding waivers of consequential damages

16:08 - Red flags to watch for in vendor/partner contracts

 

About the Show:

"In the Courtroom and the Boardroom" features trial attorney Colleen McKnight, founder of McKnight Law, sharing expert legal insights for businesses. The show combines practical legal advice with real-world business applications, helping viewers navigate complex legal matters affecting their companies.