First, it appears to assume that commercial tenants are uniformly weak and commercial landlords always powerful. On the contrary, commercial tenants are just as oftenDavid CrumpShould the Commercial Landlord Have a Duty to Mitigate Damages after the Tenant Abandons?A Legal and Economic Analysis. ...
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In a wrongful termination suit, a former employee may be able to recover lost wages and benefits, court costs, attorney’s fees, back pay and wages, compensation for emotional distress and punitive damages to punish willful wrongdoing by the employer. Court costs can include the filing fee and...
Even if neither party is seriously injured, dealing with the insurance company to determine who pays for the damages can be such a painful process without someone by your side to help navigate through all of it. If you were unlucky enough to sustain injuries due to the accident, finding a ...
In addition, an injured party has no absolute duty to subscribe to a physician's advice to mitigate damages. The party might, however, under some circumstances, be under an obligation to exercise ordinary care in following such advice. Cross-references Mitigation of Damages. West's Encyclopedia ...
repudiation and proceeds with his or her performance, the duty to mitigate damages—which imposes on the injured party an obligation to exercise reasonable effort to minimize losses—mandates that the nonrepudiating party not perform if the consequence of performance would be to increase the damages...
Legal advisors develop strategies to mitigate legal risks, guiding on issues ranging from intellectual property concerns to potential lawsuits. Integration Planning As companies navigate the post-acquisition integration phase, legal professionals play a crucial role in aligning legal frameworks, policies, and...
It was first provided in the Guiding Opinions on the Establishment of Independent Director System by Listed Companies (hereinafter referred to as the “Guiding Opinions”) in 2001 that “listed companies may establish necessary Independent Director liability insurance systems in order to mitigate the ri...
Obligations to Return Property –Many contracts require the return of materials, equipment, or confidential data upon termination. Reputational Risks –Unilateral termination could impact business relationships and future contracts. To mitigate these risks, parties should consult legal professionals before term...
To maintain the security, health and safety of our premises, including to secure the working environment and mitigate the spread of viruses or diseases (or similar) in the context of a health emergency (in some cases, this could include processing information related to third parties with whom ...