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 ...
Business executives often spend a considerable amount of time negotiating the contract terms they deem the most critical while others are merely glanced over. As such, monetary terms, warranties, lead ...
There is often an argument to be made that certain indemnification and exculpatory clauses should be against public policy. When entering into a residential lease, for instance, many future tenants ...
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 ...
IN modern times, vehicular accidents are very common that there is a law providing some form of monetary benefits to the unknowing victims of such misfortunes. This is true, even for such situations ...