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 ...

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 ...

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 ...

IN modern times, vehicular accidents are very common that there is a law providing some form of monetary benefits to the unknowing victims of such misfortunes. This is true, even for such situations ...

If you’ve ever bought a property or entered into a business contract, chances are that you’ve come across the term 'indemnity'. A letter of indemnity is often used in property as an important ...

The Tata Group may ask for an indemnity clause in the Air India privatisation deal to protect itself from unexpected claims or ‘hidden contracts’ once the deal is done. Nevertheless, the company has ...

Hark! A recent Alabama Supreme Court indemnity decision, Mobile Infirmary Association v. Quest Diagnostics Clinical Laboratories, may require you to retrieve your drafting pen. Although not a case ...