General Contract Clauses: Litigation Costs and Expenses | Practical Law

General Contract Clauses: Litigation Costs and Expenses | Practical Law

A Standard Clause to be used in a commercial contract to allocate litigation costs and expenses to the losing party in a dispute by requiring the losing party to reimburse the prevailing party for the prevailing party's litigation costs and expenses.  Litigation costs and expenses typically consist of attorneys' fees, court costs, and other expenses.  This Standard Clause has integrated drafting notes with important explanations and drafting and negotiating tips.

General Contract Clauses: Litigation Costs and Expenses

Practical Law Standard Clauses 3-540-2608 (Approx. 11 pages)

General Contract Clauses: Litigation Costs and Expenses

by Practical Law Commercial Transactions
MaintainedUSA (National/Federal)
A Standard Clause to be used in a commercial contract to allocate litigation costs and expenses to the losing party in a dispute by requiring the losing party to reimburse the prevailing party for the prevailing party's litigation costs and expenses. Litigation costs and expenses typically consist of attorneys' fees, court costs, and other expenses. This Standard Clause has integrated drafting notes with important explanations and drafting and negotiating tips.