Limiting Liability For Construction Cos. In Ill.

Law360, New York (March 4, 2011, 2:32 PM EST) -- The Illinois Supreme Court, in an apparent victory for the defense bar, has limited the liability of professionals who conduct their activities in accordance with the terms of their contracts. In Thompson v. Gordon, Docket No. 110066, the court held that an engineering firm that performed its services in accordance with the terms of its contract could not be held liable for failing to do more than its contract required.

The ruling protects engineering and construction professionals working under contract in Illinois from suits by third...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.