General Contract Clauses: Joint and Several Liability (LA) | Practical Law

General Contract Clauses: Joint and Several Liability (LA) | Practical Law

A Standard Clause that allows contract parties to choose the obligation level under Louisiana law for any co-obligors: joint, in solido (joint and several), or several liability. This Standard Clause has integrated notes with important explanations and drafting tips.

General Contract Clauses: Joint and Several Liability (LA)

Practical Law Standard Clauses w-000-0966 (Approx. 10 pages)

General Contract Clauses: Joint and Several Liability (LA)

by Practical Law Commercial Transactions
Law stated as of 13 Feb 2017Louisiana
A Standard Clause that allows contract parties to choose the obligation level under Louisiana law for any co-obligors: joint, in solido (joint and several), or several liability. This Standard Clause has integrated notes with important explanations and drafting tips.