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Tag Archives: Indemnity
Contract Issues for Small Business Owners – The Indemnification Clause
In the “Good Ol’ Days” it used to be that a handshake was all that was needed to conduct business. Today’s environment, however, makes that difficult – if not impossible. Contracts have become more and more complex. Even so-called basic …
Posted in Legal Watch, Corporate, Litigation, Insurance
Tagged Contracts, Insurance, Indemnity
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The Role of Indemnity and Insurance in Business Transactions and Litigation
Nearly every contract contains an indemnity clause- many of them poorly drafted and unenforceable. An indemnity clause can accomplish many things from shifting the burden of defense costs, to changing the scope of liability of a party. The language is …
