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For manslaughter offences, the insurance implications are clearer. “As of 2024, and indemnification of penalties for body ...
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 ...
Often the indemnification provisions are agreed to as between the parties as an exclusive remedy for asserting claims (also referred to as an “exclusivity of remedies” or “EOR” provision).
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 ...
Remember, indemnification agreements are not just for public companies. Private company directors and officers also need these agreements in addition to D&O coverage for private companies.
Maryland Supreme Court rules Hyperheal founder entitled to indemnification after misconduct lawsuit tied to his role as ...
In applying the new rule, the Hooper court found that the indemnification provision at issue did not make it unmistakably clear that the parties intended to provide for intra-party indemnification ...
Analysis The Right of Indemnification May Be Broader Than You Think An Atlantic County court recently held that a person who successfully brings a claim as board trustee against a condominium ...
Only the largest companies need indemnification, said Elkins, the intellectual property attorney. For smaller companies, indemnification is nice to have, but not necessary in most cases, he said.