A severability clause lets certain contract parts remain valid, even if others are void. Learn about its definition, key components, and examples in contracts.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Marguerita is a Certified Financial Planner (CFP), Chartered Retirement Planning Counselor ...

There’s something for nearly everyone in the U.S. Tax Court and the U.S. Court of Appeals for the Fifth Circuit opinions in Nelson v. Commissioner. 1 Most notably, the cases highlight a dispute over ...

The Sixth Circuit reviewed an indemnification agreement in a shipping contract to determine the definition of “sole negligence.” The indemnification clause read: [Diamond] does hereby expressly agree ...