Hi Jake. You stated that "The Master Services A
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Posted On: 11/03/2022 7:14:26 PM
Hi Jake.
You stated that "The Master Services Agreement (MSA) has a Limitation of Liability and Damages paragraph that precludes the recovery of consequential or special (punitive) damages under any circumstances."
This is not at all true.
They are precluded from seeking such damages UNLESS there was gross negligence or willful misconduct by Amarex.
THIS IS AN IMPORTANT DISTINCTION.
You stated that "The Master Services Agreement (MSA) has a Limitation of Liability and Damages paragraph that precludes the recovery of consequential or special (punitive) damages under any circumstances."
This is not at all true.
They are precluded from seeking such damages UNLESS there was gross negligence or willful misconduct by Amarex.
THIS IS AN IMPORTANT DISTINCTION.
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