Liquidated Damages and Limitation of Liability Clauses

Liquidated damages clauses and limitation of liability clauses are common in contracts but have different roles. Liquidated damages clauses try to fix, in advance, the amount of reasonable compensation for actual damages. Limitation of liability clauses restrict the amount of compensation available, regardless of the damages suffered. While the provisions both...

Ohio’s Joint and Several Liability Laws

Ohio’s joint and several liability laws have undergone some recent changes. Effective April 9, 2003, Am. Sub. S.B. 120 renumbered, repealed, and revised the existing Revised Code sections dealing with contributory fault, rights of contribution and related Code provisions.