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To create an enforceable indemnity of direct claims, parties should consult state law requirements, which in many cases require that the language of the provision unequivocally reflects the ...
Known as indemnification provisions, this language is of particular importance in hotel management agreements given the nature of the parties’ relationship—where an owner is ceding operational ...
“Indemnity clauses are drafted in order to establish the terms and conditions upon which one party can shift risk associated with the performance of the contract.” Smart Business spoke with Devaney ...
Defining when both indemnification and fee advancement are appropriate and include, by way of example, demands, letters, pre-litigation demands, and actual actions, suits, arbitrations, mediations ...
Part 5 of this series on freelance contributor agreements is about the often overlooked indemnification paragraph in a contract, and what an indemnification paragraph can do for you.
Damage that’s linked to inadequate packaging is an example of that, he said. While more than 34 states have passed “anti-indemnification” language that nullifies such contract clauses, there is no ...
Trucking officials said efforts to enact federal legislation protecting carriers from overreaching indemnification provisions in shipper contracts were likely to be the industry’s primary tort ...
Moody’s Corp. will discontinue its use of language seeking to have taxpayers indemnify it against lawsuits related to municipal-bond ratings after states including New Jersey and California ...