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Home > Journal

Beware of the Boilerplate - The Risks of Standard-form Clauses in Common and Civil Law Jurisdictions

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M.A. Polkinghorne
Polkinghorne, Michael A.

Article from: OGEL 4 (2014), in International Contracts

Introduction

When commercial agreements are negotiated, certain key terms are generally the subject of intense discussion. Once these terms have been agreed, there is a risk the 'boilerplate' provisions 1 at the back of the contracts can receive scant scrutiny in the race to get the deal done. Yet far greater scrutiny will fall on these provisions when a dispute arises. Properly drafted, they can protect a party from liability or allow it to assert its rights. If neglected, they can prove the other side's 'get out of jail free' card.

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Suggested Citation

M.A. Polkinghorne; "Beware of the Boilerplate - The Risks of Standard-form Clauses in Common and Civil Law Jurisdictions"
OGEL 4 (2014), www.ogel.org

URL: www.ogel.org/article.asp?key=3515

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