Often times severance agreements will include what is called a California Civil Code section 1542 waiver. Section 1542 is a provision that was originally put in place by the state legislature to ensure that claimants/parties do not inadvertently waive unknown claims simply by signing a general rele...
Borrower does hereby knowingly waive any and all rights and protections under California Civil Code Section 1542 which section has been duly explained and reads as follows: “A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in hi...
Think Your Release is Ironclad? Consider California Civil Code Section 1542Lisa B Markofsky
New Year’s Day and Christmas are both holidays, but they are described in the Civil Code merely as “the first day of January and the twenty-fifth day of December”. It must be said that the same rule is observed in the Code in referring to the other legal holidays. Washington’s ...
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(See Welf. & Inst. Code, § 14172.) The Jaffe court rejected the insured's argument as dependent on an overly broad interpretation of the term "damages." As the court explained, " '[d]amages' describes a payment made to compensate a party for injuries suffered. [In contrast, the ...