Because courts generally presume indemnification applies only to third-party claims, any broader intent must be stated in ...

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

The indemnification clause is one of the most important provisions in a construction contract. It transfers risk from one party, the “indemnitee,” to another party, the “indemnitor.” The risk is ...

Learn how indemnity protects against loss or damage in insurance and law. Discover key concepts, examples, and how it shields ...

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 ...

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 ...

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 ...

A hold harmless agreement is a statement in a contract that absolves one or both parties to the agreement from liability for ...

Most oilfield services companies have signed hundreds of Master Service Agreements. Most have read relatively few of them in any depth.