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Your risk officer suggests exclude liability under the Indemnity where the loss arises as a result of our [[grossly negligent|''gross'' negligence]]. | Your risk officer suggests exclude liability under the Indemnity where the loss arises as a result of our [[grossly negligent|''gross'' negligence]]. | ||
“'[[Gross negligence|''gross'' negligence]]? But surely no sensible client will accept that?” you say.<ref>Conventional wisdom | “'[[Gross negligence|''gross'' negligence]]? But surely no sensible client will accept that?” you say.<ref>Conventional wisdom has it that US counterparties will unblinkingly accept gross negligence standard. Which makes you wonder about conventional wisdom in [[US attorneyAmerica]]. But anyway.</ref> | ||
Your risk officer shrugs. “Perhaps so”. But why don’t we [[give it a try]]? | Your risk officer shrugs. “Perhaps so”. But why don’t we [[give it a try]]? |