Learn three key terms to allocate risk.
Whether you’re a lawyer inside or outside of an organization, or a contract manager, or are in a position that you are dealing with contracts, you may often find yourself negotiating a deal and then planning to allocate the risk in that deal. Limitation of liability is the primary focus to allocating risk in most situations. This video reviews how to limit the type and amount of liability, what to consider excluding, and where and when to use limitation of liability provisions.
Kenneth M. Gorenberg
Barnes & Thornburg LLP
- Partner in the Chicago office of Barnes & Thornburg LLP
- Practice emphasizes all aspects of insurance coverage for corporate policyholders, including litigating insurance disputes, collaborating with brokers and risk managers during policy procurement, assisting with due diligence and drafting of risk allocation provisions in transactional contracts, and litigating indemnification disputes
- Practice also includes commercial litigation and product liability and toxic tort defense, practices nationally and has won trials and appeals in state and federal courts across the country
- Conducts regular seminars and workshops on numerous insurance coverage issues, including limitation of liability, indemnification, and insurance provisions in business contracts
- Author of several publications related to the areas of insurance coverage, toxic tort litigation, and commercial litigation
- Fellow of American College of Coverage Counsel; member of American Bar Association; member of Defense Research Institute
- J.D. degree, University of Chicago Law School; B.A. degree, cum laude, University of Pennsylvania
- Can be contacted at [email protected] or 312-214-5609
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