Posted On:
August 15, 2010
What is a forum Selection Clause?
What is a forum Selection Clause?
In the modern business climate there are many landmines signing standardized contracts:
ARBITRATION CLAUSES
FORUM SELECTION CLAUSES
DAMAGE WAIVERS
REDUCED STATUTE OF LIMITATIONS
OTHER LIMITATION OF ACTIONS
WARRANTY WAIVERS
There is a basic analysis. Under the standard contract rules is the clause enforceable. Courts are very clear. You signed it So you agreed to it!! There is somewhat of a different analysis for businesses as opposed to consumers BUT it is very similar. Sometimes the courts have different public policy concerns that will be enforced that changes the results.
CARTON AND RUDNICK
