Indemnity provisions appear in almost all commercial contracts, from leasing agreements to service contracts and supply contracts. In many industries, standardized form contracts prepared by trade ...

The Background: Indemnity clauses are often included in contracts and can be extremely valuable, but they also raise many potential challenges to enforcing them, including state statutes, common law ...

Whether they are new executive leaders or longtime members of a corporate board, directors and officers should be considering two prongs of protection – a robust insurance program and a tailored ...

A Letter of Indemnity (LOI) protects parties in contracts by ensuring obligations are met or compensation is provided. Learn ...

In this quarter's column, we explore a pending case that may set significant precedent in New York concerning insurance defense and indemnification. Application for interlocutory appeal of Judge ...

Notwithstanding the availability and policy limits of any insurance, Company Name (referred to as "Supplier"), shall defend, indemnify and hold harmless RIT and its ...

In the field of insurance, the principle of indemnity is to restore the insured to the same financial condition as before a loss. With workers' comp, indemnity describes payments made to an injured or ...