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  1. 15 Νοε 2023 · Civil Code section 1542 provides, “A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in — November 15, 2023.

  2. 11 Οκτ 2021 · A party can waive Section 1542 by including specific language in the release agreement that expressly waives the protections of the statute. A party cannot waive Section 1542 just by saying that they waive the statute or by saying they want to waive unknown claims.

  3. 1 Ιαν 2023 · California Code, Civil Code - CIV § 1542 Current as of January 01, 2023 | Updated by FindLaw Staff A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her , would have materially affected his or ...

  4. 10 Ιουν 2019 · Civil Code Section 1542 waivers are commonly included in many types of transactional documents. As corporate lawyers for California startups and small businesses, we often cite to this waiver when settling out claims against our clients brought by former co-founders, employees, and investors.

  5. 19 Οκτ 2016 · Most likely, the settlement agreement will contain a WAIVER of California Civil Code section 1542 (which means just the opposite of what California law provides). A waiver requires the knowing and intelligent relinquishment of a right.

  6. 1542. A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party.

  7. 1 Ιαν 2019 · In order to effectively waive the protections of California Civil Code Section 1542, the language of the statute must be included in any agreement, and the parties to the agreement must acknowledge that they are waiving the rights and benefits of the statute.