When IT Fails: Software Vendor Liability Is Expanding

Law360, New York (June 9, 2014, 10:20 AM EDT) -- As the software industry grew at lightning speed over the last few decades, software vendors earned billions of dollars on large corporate contracts written with extensive limitations on liability. In this rush, corporate America often received software programs and system implementations that did not function as promised, and those failed implementations sometimes caused a substantial disruption in operations that resulted in significant financial damages....

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