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Wednesday, May 24, 2017
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Limitation of Value of Stored Property

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Limitation of Value of Stored Property
On December 17, 2014 an Illinois Circuit court judge ruled that a limitation of value provision in a container storage agreement violates public policy and was not enforceable. The judge’s ruling greatly expanded the mobile storage operator’s potential liability for damages.
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| Categories: Legal, Legislative / Regulatory | Tags: Legislative , Legal , Lien , Rental Agreement , Value of Property | Comments: (0) | View Count: (258)
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