Shipper-carrier contracts could expose fleets to massive losses

Feb 12, 2021 at 11:39 AM CST
When it comes to contract language, the devil is in the details. And trucking companies might want to pay closer attention to the details that can leave them exposed to crippling risks. The focus becomes particularly important when looking to protect against the “.001% scenario” that involves personal injury lawyers working their way through supply chains in the search for massive awards known as “nuclear verdicts”, says Gordon Hearn, a partner in Toronto-based Fernandes-Hearn LLP.

Feb 12, 2021 at 11:39 AM CST

When it comes to contract language, the devil is in the details. And trucking companies might want to pay closer attention to the details that can leave them exposed to crippling risks. The focus becomes particularly important when looking to protect against the “.001% scenario” that involves personal injury lawyers working their way through supply chains in the search for massive awards known as “nuclear verdicts”, says Gordon Hearn, a partner in Toronto-based Fernandes-Hearn LLP.