Mark Underberg practiced corporate law for 30 years, advising directors and officers in corporate governance and other aspects of corporate law. Until 2012, he was a partner in the New York City law firm of Paul, Weiss, Rifkind, Wharton & Garrison. He has a law degree from Cornell Law School.
During the life of a contract, things don't always go as planned. What happens when one or both parties fail to perform a contractual duty? This course explores various consequences resulting from non-performance of contractual obligations and available legal remedies. You will also review strategies for reducing damages for breach of contract and allocating contractual liabilities.
By the end of this course, you will have gained tools to work effectively with your legal team to use contract terms to limit, expand, or modify the remedies for breach of contract that the law would otherwise provide.
The following courses are required to be completed before taking this course:
- Creating Effective Contracts
- Interpreting Contracts
- Managing Risk in Contracts
Key Course Takeaways
- Determine the consequences of non-performance of contractual obligations
- Identify legal remedies for breach of contract
- Identify ways to reduce the extent of damages for breach of contract
- Use indemnification and other contractual provisions to allocate contractual liabilities
How It Works
Who Should Enroll
- Business professionals in any sector
- Leaders and executives who engage with legal professionals
- Compliance officers
- Procurement professionals