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 ...

Because courts generally presume indemnification applies only to third-party claims, any broader intent must be stated in clear and specific language. Seasoned construction professionals recognize the ...

This story appears in the March 30 print edition of Transport Topics. Spurred by trucking industry leaders, more states this year are banning contracts that shift liability for any incident that ...

While New Jersey affords broader indemnification rights than some other jurisdictions, obtaining that protection requires diligent attention be given to the language of the indemnification provisions ...

Generally, indemnity agreements in construction contracts are a promise by which one party (the indemnitor) agrees to defend, indemnify, or hold harmless the other party (the indemnitee) for acts or ...

Many commercial real estate contracts – including purchase and sale agreements, loan documents, construction contracts, joint venture agreements, and commercial leases – contain an indemnity clause, ...

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 ...

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 ...

As a follow-up to last month’s posts regarding contract provisions impacting intellectual property ownership, in this month’s Contract Corner we review issues regarding intellectual property ...

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 ...

Learn how indemnity protects against loss or damage in insurance and law. Discover key concepts, examples, and how it shields ...

Indemnification is more than a six syllable word that puts you to sleep before you’ve finished saying it. Often overlooked, indemnification creates important, business-ending responsibilities that ...