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In this episode of the Contract Teardown Show from Law Insider, attorney Diana Isanova analyzes an amended loan agreement, specifically examining the liability section. The discussion centers on the concept of joint, several, and joint and several liability, highlighting that all parties obliged under a contract may be liable for the full amount of the obligation. Hosts Mike Whalen and Isanova emphasize the show's purpose of critically evaluating contracts while teasing a new resource on Law Insider. The conversation sets the stage for a deeper understanding of these legal concepts in the context of contracts.
