Whilst thankfully the events that unfolded at Old Trafford on Sunday ultimately proved to be a false alarm, with no injury or harm to the public, the cause of the event provides a stark example of why private contractors should carefully review the liability clause in their contracts.
In the absence of a liability cap, an act of negligence by a representative of the contractor causing financial loss to their contracting party, could result in a claim against the contractor for indirect or consequential losses; a claim usually in excess of the original contract value.
Should you wish to review or update your Company’s contracts or trading terms and conditions, please do not hesitate to contact BakerLaw’s Head of Company and Commercial Jonathan Craig at jonathan.craig@baker-law.co.uk or 01252 733 770 to discuss further.
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