The Wonderful World of Waivers
The New Year is a good time for a company to analyze any form documents that may need to be revisited, including one of the most important in protecting your business, your liability waiver, writes Chelsey Ziegler in the Health & Fitness Law blog.
She writes that this analysis tends to be often overlooked until something tragic happens.
“The timing is also quite perfect for this because for new clients, this will be the first time being presented with your revamped form and, for existing clients; it tends to be a practical statement to say ‘everyone is required to resign the 2016 waiver that is now in place.'”
The article discusses the enforceability of waivers, consideration, applicable risks, representations and warranties, release language, and five pitfalls to avoid when drafting waivers.
