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Amwelladmin (talk | contribs) (Created page with "a favourite definition for financing lawyers a brief definition might be: Losses shall mean such losses, costs, claims, damages, expenses, liabilities, proceedings, comp...") |
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a favourite definition for financing lawyers | {{a|Negotiation|}}A favourite [[Definitions|definition]] for financing lawyers, a brief one being: | ||
[[Losses]] [[shall]] mean such losses, costs, claims, damages, expenses, liabilities, proceedings, complaints, slights, disses, grudges, low-level grumbles or other demands, allegations, insinuations, which it may incur or suffer in connection with or arising from any breach of this Agreement [[at any time]]. | |||
In the context of [[contractual damages]] distinguish between [[direct loss]]es — caused by and arising directly out of the [[Breach of contract|breach of a contract]] — and [[consequential losses]], being the opportunity costs and losses of profit forgone as a result of a breach. | |||
The former are the meat and drink of a contractual [[Litigation lawyer|litigator]]; the latter will get you cocked eyebrows and funny stares should you enquire about them. | |||
{{sa}} | |||
*[[Contractual damages]] | |||
*[[Consequential loss]] | |||
*[[Direct loss]] | |||
*[[Litigation]] | |||