What is a consequential damage? This is the million (sometimes multimillion) dollar question. According to Black’s Law Dictionary, consequential damages are “losses that do not flow directly and ...
Many construction contracts include a provision that prohibits the parties from recovering “consequential” damages in the event of a breach. Sometimes parties will negotiate and agree to a waiver of ...
While direct damages can be expensive, consequential damages can be catastrophic. Most lawyers know what "direct" damages are; yet ask someone to discuss "consequential damages" and, once you get past ...
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