consequential loss

How Do You Prove Consequential Damages?

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How Do You Prove Consequential Damages? To recover consequential damages, the claimant must prove they were (1) proximately caused by the breach and (2) were reasonably foreseeable at the time the parties entered into the contract. Determining foreseeability is one challenge, yet the more difficult hurdle is proving the amount. Can you claim for consequential

Why Do We Waive Consequential Damages?

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Why Do We Waive Consequential Damages? Because the waiver of consequential damages can significantly control the amount of damages for which a contractor is assuming risk and greatly limit the owner’s ability to recoup many damages, it is arguably the most important provision in a construction contract. What is the purpose of consequential damages? Consequential