From managing risk to maximizing revenue, standardized sales contracts are a strategic tool that helps create efficiencies ...

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 ...

In 2024, two U.S. Patent and Trademark Office (USPTO) Director Review decisions addressed multi-defendant inter partes review (IPR) petition scenarios before the Patent Trial and Appeal Board (PTAB).

Indemnification provisions are an important mechanism for allocating risk between parties to a commercial transaction. To use them effectively, counsel must understand any statutory or common law ...

Other companies that make generative AI products, including OpenAI, Microsoft and Adobe, announced similar policies last year to defend customers against copyright-infringement lawsuits ...

Parties to a stock purchase agreement for the taxable sale of a C-corporation target must strategically negotiate provisions focused on tax matters, including the working capital adjustment ...

4: Executing a Vendor Agreement that Fails to Explicitly State Insurance Requirements and Indemnity Provisions A travel company's failure to explicitly communicate the minimal expected insurance ...

Some of these examples are in the public domain — at least in the case of vendors that trawl the web for training data. Others aren’t, or come under a restrictive license that requires ...

State laws differ with respect to their treatment of indemnification for negligent conduct. Under Pennsylvania law, courts follow the " Perry-Ruzzi " rule, under which "provisions to indemnify for ...

For example, indemnification provisions stating that a party will be indemnified for “reasonable attorneys’ fees” have been deemed not sufficiently clear and unequivocal, as there are many types of ...