Indemnity clauses are included in contracts to provide a means by which the contracting parties can shift the responsibility of risk. “Indemnity clauses can expand, limit or even eliminate the ...

Plan sponsors should ask for indemnification clauses when they enter into contracts with service providers and retirement plan advisers, experts say. Indemnification clauses are promises by the ...

Nicholas Baatz explains the potential effects of indemnity clauses in the new Red, Yellow and Silver Books Buried away in the 100-plus pages of the new FIDIC forms published on 5 December 2017, in ...

Indemnification is used for risk allocation Indemnification may include defense obligation Indemnified party is entitled to reimbursement for covered losses Indemnification can be complex and heavily ...

Whether you know it or not, the Uniform Commercial Code imposes a warranty of non-infringement on every product you as a product manufacturer sells. Essentially, the law requires to you to guarantee ...

The expression "to err is human" reflects the truism that we are all liable to err at various points in our lives. While it is thus part of our practice to forgive errors, it is also settled that ...