The Texas Supreme Court just handed insurers a new playbook for recovering settlement dollars from subcontractors through proportionate indemnity clauses. In a sharply divided 5-4 decision filed on ...
Parties to business acquisitions use indemnification clauses to provide security for harm that may result following the closing of the transaction. Indemnification obligations require one party to ...
In Friday's 5-4 decision in S&B Engineers & Constructors, Ltd. v. Scallon Controls, Inc., the Supreme Court of Texas addressed an ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Outside of the representations and warranties in a purchase ...
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 ...
The Maryland Supreme Court heard arguments Tuesday over whether an employee is entitled to indemnification when there is no nexus between the employee’s wrongful conduct and use of corporate powers ...
Michael C. Rakower and Melissa Yang write that in New York, directors and officers sued for actions or inactions taken in connection with their corporate post have another avenue to seek relief from ...
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 ...
Please provide your email address to receive an email when new articles are posted on . Indemnification spells out who is responsible for liabilities related to the pre-closing operations of the ...
Your company may be targeted for a patent infringement lawsuit based on its use or resale of products made by a third-party vendor. Similarly, your company’s customers may be sued for patent ...