Limiting Your Liability: Protect Yourself with a Well-Written General Release

Our clients sometimes find themselves in actual or threatened disputes that expose them to liability. In many situations, clients prefer to settle such disputes amicably, rather than asking an arbitrator, judge or jury to decide the matter for them. In order for a settlement to offer protection from liability, it is crucial that it is documented by a signed "general release" (meaning a release from all claims) from the other party. We dissect a simple General Release Agreement below to reveal its essential elements. The text of our sample General Release Agreement is at the end of this article.

Guest Post by Kenneth G. Hausman and Ellen Kaye Fleishhacker – Arnold & Porter LLP

Full Story: http://blog.vcexperts.com/2015/07/28/limiting-your-liability-protect-yourself-with-a-well-written-general-release/?utm_source=The+VC+Expert%27s+Buzz&utm_campaign=12659f4dcd-Limiting_Your_Liability_7_28_2015&utm_medium=email&utm_term=0_ee0d1cc528-12659f4dcd-267096913