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Richard Corley at Federated Press Inaugural Commercial Contract Negotiation and Administration

June-18-2013

Lawyer Richard Corley
Area Corporate and Commercial

Details

June 18-20, 2013

Courtyard by Marriott
Toronto, Ontario

Speaker: Richard Corley, Partner, Goodmans LLP

Tuesday, June 18th
11:45am: Contract Terms to Enforce Performance

This session will focus on:

When a contract is negotiated, there must be some mechanism to en-sure that each party will stick to its terms. Commercial contracts should contain well-drafted rights, obligations, exclusion and limitation claus-es that seek to clarify each party’s role in the business relationship and establish effective means to enforce performance. Good enforcement procedures enhance predictability in commercial agreements. This discussion details key terms and conditions to be negotiated for effective contract enforcement.

  • Main contract enforcement mechanisms
  • Drafting enforceable rights, obligation and exclusion/limitation clauses: common errors to avoid
  • Establishing the terms for termination
  • Setting up effective terms for warrantees and indemnities
  • Monitoring contract performance
  • Focusing on the scope, validity and enforceability of clauses

 

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