David Fowler Johnson is widely recognized as one of the go-to fiduciary litigators in Texas. David’s practice focuses on trust, estate, and closely-held business disputes. A frequent writer and speaker, David is known around the state as a thought leader in the fiduciary area.
Select Your State Below to View CLE Credit Information
Sign-up for a law firm subscription plan and each attorney in the firm receives free access to all CLE Programs
This webinar will provide guidance regarding the appropriate limitation of liability (LOL) clauses in business contracts. The LOL clause can operate to limit a party’s direct, indirect, consequential, special, and incidental damages or may cap damages at either an amount agreed upon by the parties, the contract amount, or the parties' insurance coverage limits. The speaker will discuss critical considerations when crafting the provisions, enforceability challenges, the interplay of LOL clauses with other provisions, and the impact of a fiduciary relationship on LOL clause being enforceable.
Key topics to be discussed:
Date / Time: April 12, 2023
David Fowler Johnson | Winstead PC
David Fowler Johnson is widely recognized as one of the go-to fiduciary litigators in Texas. David’s practice focuses on trust, estate, and closely-held business disputes. A frequent writer and speaker, David is known around the state as a thought leader in the fiduciary area. His award-winning blog, Texas Fiduciary Litigator, features recent case law, legislative changes, and other precedent that impacts fiduciaries in Texas. David received the JD Supra 2020 Readers’ Choice Award for Wealth Management, which was his third year in a row for such an award. He was also named a “Go-To Thought Leader” in Fiduciary Litigation by the National Law Review in 2020.
David’s experience in trust and estate disputes includes will contests, elder abuse, mental competency, undue influence, trust modification/reformation/clarification, breach of fiduciary duty and related claims. He also handles matters involving trust decanting, trust severance and joinder, account disputes, power of attorney disputes, suits for judicial instruction and discharges, heirship proceedings, suits to remove a fiduciary, and accountings. Additionally, David has a transactional practice for trust departments in providing legal opinions on the construction of trust documents, documenting release and consent agreements, resignations, successor appointments, modification of trusts, trust mergers, trust severances, etc. His recent trial experience in the trust and estate area includes:
David’s experience in closely-held business disputes (business divorce) includes enforcing minority ownership rights, shareholder-derivative litigation, advising majority owners regarding disputes with the minority owners. His recent trial experience in the closely-held business area includes:
David is one of twenty attorneys in Texas (of the 84,000 licensed) that has the triple Board Certification in Civil Trial Law, Civil Appellate and Personal Injury Trial Law by the Texas Board of Legal Specialization. David is currently on the board of the Texas Board of Legal Specialization, the Texas State Bar’s group that certifies attorneys in specialties. He was previously on the commission that wrote and graded the civil trial law examination.
David is licensed and has practiced in the U.S. Supreme Court; the Fifth, Seventh, and Eleventh Federal Circuits; the Federal District Courts for the Northern, Eastern, and Western Districts of Texas; the Texas Supreme Court and various Texas intermediate appellate courts.
David also served as an adjunct professor at Baylor University Law School and Texas Wesleyan Law School. Over the course of his career, David has given over 300 legal education presentations to bar groups, industry groups, and clients in the fiduciary and general litigation areas. David has published twenty law review articles. These articles have been cited as authority repeatedly by the Texas Supreme Court and the Texas courts of appeals located in Amarillo, El Paso, Waco, Texarkana, Tyler, Beaumont, and Houston.
Other jurisdictions also cite David’s articles, such as the Supreme Court of Iowa and a federal district court in Pennsylvania. Authors and commentators also cite David’s articles, including McDonald & Carlson in their Texas Civil Practice treatise and William V. Dorsaneo in the Texas Litigation Guide and in the Baylor Law Review. He has also been cited by St. Mary’s Law Journal, South Texas Law Review, Texas Tech Law Review, Texas Tech’s Estate Planning and Community Property Law Journal, DePaul Law Review, Thurgood Marshall Law Review, Texas Business Litigation Treatise, Tennessee Law Review, ABA Family Law Quarterly, Houston Law Review, Arizona State Law Review, Oklahoma Law Review, Vanderbilt Journal of Entertainment and Technology Law, Texas Review of Law & Politics, The Scholar St. Mary’s Law Review on Race and Social Justice, Wake Forest Law Review, Cardozo Journal of Conflict Resolution, Denver Law Review, and William & Mary Law Review.
I. Critical considerations when crafting the provisions | 12:00pm – 12:20pm
II. Enforceability challenges | 12:20pm – 12:40pm
III. The interplay of LOL clauses with other provisions | 12:40pm – 1:00pm
Break | 1:00pm – 1:10pm
IV. The impact of a fiduciary relationship on LOL clause being enforceable | 1:10pm – 1:40pm