• Understanding Limitations of Liability: Recent Alberta and Canadian
  • March 7, 2018 | Authors: Ryan Krushelnitzky; Kelly Starrak
  • Law Firm: Field Law - Edmonton Office
  • Contractual liability limitations are a means of managing risk in construction contracts. Depending on the type of project, the type of possible damages, and the availability (or unavailability) of insurance, liability limitations can play an important role in risk allocation. This is particularly so in situations where a small breach of contract can result in very significant damages.