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 ...
This article is part of a continuing series by Frank Jones outlining recurring issues of critical importance to sellers in private company M&A. Previous topics include Equity Rolls and Net Working ...
Let’s begin by defining “indemnification clauses.” To “indemnify” is to compensate someone for injury or losses incurred (or to be incurred) as related to ...
Nicholas Baatz explains the potential effects of indemnity clauses in the new Red, Yellow and Silver Books Buried away in the 100-plus pages of the new FIDIC forms published on 5 December 2017, in ...
Indemnification is used for risk allocation Indemnification may include defense obligation Indemnified party is entitled to reimbursement for covered losses Indemnification can be complex and heavily ...
Forbes contributor Dolia Estevez is on her own. Two years ago, Estevez identified a former spokesperson for Mexican president Felipe Calderon as one of the “10 most corrupt Mexicans of 2013” in a ...
In yet other Statesman articles, "Indemnity Clause Likely to Stay," dated December, 22, 2006, and "NDC Apparatchiks are in deadly state of denial," dated November 13, 2007, two other Ghanaians have ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
When it comes to artwork created by generative AI, enterprise users have specific legal concerns around permissions — and Adobe has recognized those worries. That’s why the company has written an ...
Mumbai: In January, a promoter of a manufacturing firm in western India walked out of a fund-raising transaction because the private equity (PE) firm wanted to ensure fixed returns at the end of the ...
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