Ocean carriers in the United States can offer enhanced indemnity agreements beyond COGSA's $500 liability limit without ...
My last article pointed out a situation where parties conflate contractual indemnity and damages clauses. The standard language in Dunce’s Caps’ contract provided for an indemnification of “any and ...
Gregory Jaske, a partner at Olshan Frome Wolosky, provides helpful tips on how businesses can minimize risk by limiting indemnity obligations, outlining common pitfalls to avoid, and offers strategies ...
Indemnification is a risk-allocation tool that shifts responsibility for a loss from one party to another. In Florida, indemnification may arise either through an express contractual provision or ...
Contracts requiring one or more of the parties to indemnify the other and to provide insurance to support the indemnity obligation are ubiquitous. They can be found in construction contracts, supply ...
According to Black's Law Dictionary, indemnity is "a duty to make good any loss, damage, or liability incurred by another." It's possible to limit the scope of that duty during contract negotiations.
Francis G.X. Pileggi of Eckert Seamans. The Delaware Court of Chancery recently analyzed an indemnification clause and performed other contract interpretation in NASDI Holdings v. North American ...
As used in website development contracts, indemnification typically concerns whether the vendor will defend you in court if you later get sued for your use of the technology, including Intellectual ...
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Clark Thiel In a profession with some notoriety for topics having little mass appeal, it takes a truly special area of the law to inspire judicial commentary like this: The comedy troupe Monty Python ...