7th Circuit: No Need for Specificity in Contract Dispute Liability Cap

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This week we discuss the 7th Circuit decision SAMS Hotel Group, LLC v. Environs, Inc. which found that, at least between two sophisticated parties, a liability cap in a contract dispute is enforceable even without specifying its application to defendant's own negligence. The result capped the claim at $70,000 and prevented the plaintiff from seeking the full $4.2 Million in damages.

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