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In this episode of the Contract Teardown Show from Law Insider, attorney Diana Isanova discusses an amended loan agreement, focusing on the liability section. The key topic is joint and several liability, which means that all parties liable under a contract can be pursued for the full amount of the obligation. Hosts Mike Whalen and Diana Isanova emphasize their approach of critically analyzing contracts, aiming to provide insights into legal agreements from well-known companies and executives. The episode also introduces a new resource from Law Insider.