Drafting Commercial Goods Warehousing Agreements on Behalf of Warehousers or Customers
Structuring Indemnity, Insurance, Limitation of Liability, and Other Key Provisions to Minimize Risks and Liability Exposure
A live 90-minute CLE video webinar with interactive Q&A
This CLE course will guide business counsel in drafting warehousing agreements for the storage of commercial goods on behalf of warehousers and customers. The panel will discuss best practices for negotiating key terms in warehouse agreements and receipts to minimize risks and liability exposure in the event of nonreceipt or misdescription of goods, delivery of goods to the wrong party, or failure to keep goods separate. The panel will also address how to deal with lien issues that commonly arise with stored goods.
- Key provisions in warehousing agreements
- Limitation of liability
- Force majeure
- Other key provisions
- Contract negotiation considerations and best practices
- For warehousers
- For customers
- Dealing with lien issues
- Demurrage considerations
The panel will review these and other key issues:
- What are the key provisions that counsel should carefully negotiate when drafting warehousing agreements and receipts?
- What are some common contracting pitfalls with warehousing contracts and how can they be avoided or overcome?
- What are some best practices for addressing liens and other issues that often arise with stored goods?
- Under what circumstances might a warehouser also be classified as a shipper and what are the attendant risks of this classification?
John F. Horvath
Horvath & Weaver
Mr. Horvath represents public warehouse operators, motor truck carriers, motor brokers, freight forwarders and their... | Read More
Mr. Horvath represents public warehouse operators, motor truck carriers, motor brokers, freight forwarders and their insurers on warehouse and transportation claims and lawsuits involving a multitude of issues including inventory shortages and multimillion dollar fire and theft losses. He prepares and negotiates storage agreements and transportation agreements and authored the standard terms and conditions which are currently approved by the International Association of Refrigerated Warehouses. He is a frequent lecturer on warehouse legal liability and cargo legal liability risks and insurance coverage.Close
Jason D. Tutrone
Mr. Tutrone advises multinational corporations, trade associations, and transportation intermediaries on domestic and... | Read More
Mr. Tutrone advises multinational corporations, trade associations, and transportation intermediaries on domestic and international matters involving logistics services and transportation. These matters include: regulatory compliance; regulatory enforcement; agency rulemaking; legislative concerns; service issues; loss and damage claims; transportation security; contract drafting and negotiation; and rate disputes before the Surface Transportation Board (STB). His practice is multimodal, involving air, motor, ocean and rail transportation, and encompasses a wide variety of logistics services, such as warehousing and terminal services.Close