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 ...

Many commercial real estate contracts – including purchase and sale agreements, loan documents, construction contracts, joint venture agreements, and commercial leases – contain an indemnity clause, ...

Because courts generally presume indemnification applies only to third-party claims, any broader intent must be stated in clear and specific language. Seasoned construction professionals recognize the ...

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 ...

Plan sponsors should ask for indemnification clauses when they enter into contracts with service providers and retirement plan advisers, experts say. Indemnification clauses are promises by the ...

Construction is booming in Arizona. There continues to be plenty of work for subcontractors as many general contractors do not self-perform the work. Your company submits a bid for a project and your ...

Contracts underpin all business relationships. Businesses frequently enter into agreements without fully grasping the legal ...

There is often an argument to be made that certain indemnification and exculpatory clauses should be against public policy. When entering into a residential lease, for instance, many future tenants ...

This story appears in the March 30 print edition of Transport Topics. Spurred by trucking industry leaders, more states this year are banning contracts that shift liability for any incident that ...

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 that ...

Plan sponsors should ask for indemnification clauses when they enter into contracts with service providers and retirement plan advisers, experts say. Indemnification clauses are promises by the ...