Developers rushing to get projects off the ground can face significant risks without developing clearly defined indemnity clauses at the outset. Indemnity clauses, included in virtually all ...

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 ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Despite their importance and prevalence in almost every sales contract, indemnity clauses are often poorly worded, overly broad, misunderstood and ignored. We see a lot of unnecessary legal spend ...

We typically think an attorney-client relationship is something that has an unmistakable beginning. One day a client says, “I want you to be my attorney.” To which the attorney replies, “Sure, I will ...

It is critical for contractors to understand the insurance requirements in construction contracts, as these projects carry very high levels of liability and risk. Construction involves moving ...

The Dibrino case clarifies that indemnity and additional insured coverage are separate and governed by different standards. Indemnity requires a direct link to a subcontractor’s scope of work, while ...

Whether you know it or not, the Uniform Commercial Code imposes a warranty of non-infringement on every product you as a product manufacturer sells. Essentially, the law requires to you to guarantee ...