German Federal Supreme Court allows 15% lump sum damages clauses in private follow on damages actions
By EsqSocial Corporation 06/05/21
In a recent judgement, the German Federal Supreme Court indicated that lump sum damages clauses in private follow on damages actions of up 15% are permissible. The decision is a clear example of judicial activism, and plaintiffs will read this as a positive sign....
By: Allen & Overy LLP