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Stand-alone indemnities for ERISA and environmental issues seem to be consistent, and relatively rare, while stand-alone indemnities for tax and other issues are more commonplace.
Canadian courts regularly uphold indemnities which exceed typical damages for breach of contract. Indemnity clauses are complex, and this article is not intended to be legal advice.
Add articles to your saved list and come back to them any time. THE Seven Network independent directors Peter Ritchie and Murray Wells are under fresh scrutiny in Kerry Stokes's attempt to merge ...
However, these indemnities were subject to caveats such that the party claiming on the indemnity had to: 1. notify the other party promptly of any claim on any indemnity; ...
But these indemnities are harder to dislodge from contracts with contractor-clients, which are themselves likely to be subject to indemnities in their contract with the employer. This seems to ...
This article will explore the permitted scope of D&O policies and indemnities in the context of recent changes to the Companies Act. Companies Act With two exceptions, the Companies Act prohibits a ...
But these indemnities are harder to dislodge from contracts with contractor-clients, which are themselves likely to be subject to indemnities in their contract with the employer. This seems to ...
Indemnities are vital in this context because the seller indemnifies (ie, promises to cover) the buyer against the risk of costs and expenses that may flow from the occurrence of certain events.
Harsit Nakarja, underwriting manager for titlesolv.com, said: “Solicitors need to purchase their residential and commercial indemnities fast, and having these policies available to buy online in a ...
In sum, careful consideration of the language used in deal documents---particularly with regard to representations, warranties and indemnities—is of paramount importance.
Although directors’ indemnities usually provide that directors are indemnified to the “fullest extent permitted by law” companies and their directors must be aware that there may be cases ...
KITCHEN Culture is extending indemnities to its directors in relation to a letter of demand sent by former chief executive officer, Lim Wee Li in August 2021. In a filing after market hours on Friday ...
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