Know your limits
13 September 2012
Exclusion and limitation clauses in contracts can be translated in many different ways. A recent case reported in The Buyer is a perfect example
BHP Petroleum v British Steel, 5 July 1999 The claimant, as the operator of an offshore oil and gas development, contracted with British Steel for the supply of a steel pipeline. The steel pipe was supplied subject to the claimant’s terms and conditions, as amended during the negotiation process. Two clauses became central. Clause 14.5 stated: “Neither the...