Are there any specific rules in Indonesia contract law that govern the exclusion or limitation of liability clauses? How may the general good faith obligation under Indonesian law affect such a clause?
SSEK Law Firm partner Fransiscus Rodyanto and associate Fadhira Mediana explain in Limitation of Liability Clauses in Indonesia.
For a fuller discussion, read their contribution to the Indonesia chapter of Contract Laws of Asia – Limitations of Liability.
The “do you know” series of posts are produced under Asian Business Law Institute‘s Contracts Project, where experts produce standard contract terms that can be valid in a majority of Asian jurisdictions and where risks are allocated in a relatively even manner.
The first turn of the Model Clauses is available here.
Check out the ABLI’s full publications on indemnities and liquidated damages under the project.