If you are serving as an officer or director of a public company (or a large private company), it has never been more important to make sure that you have an aggressively protective personal ...
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 ...
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 ...
This book examines such topics as: the risks officers and directors face, derivative and class actions, and when a corporation is required—or allowed— to provide indemnification. David M. Kroeger is a ...
The Dibrino case clarifies that indemnity and additional insured coverage are separate and governed by different standards. Indemnity requires a direct link to a subcontractor’s scope of work, while ...
LAKELAND, Fla.--(BUSINESS WIRE)-- Summit, a leading regional provider of workers’ compensation insurance services, announces the addition of Bridgefield Indemnity Insurance Company to its carrier ...
Have you ever faced this situation? Your firm receives a request for proposal (RFP) from a new client. It sounds like a great opportunity, and the firm is excited to respond. The RFP includes the ...
Every now and again, I have to remind myself — or be reminded by a client — that not everyone speaks “law.” What are familiar terms to lawyers aren’t necessarily so to those in other walks of life. I ...
Tesla CEO Elon Musk personally offered up to $100 million in indemnity coverage for officers and directors of the company. In exchange, Tesla paid Musk $3 million, a filing revealed on Monday. The ...
In merger and acquisition (“M&A”) transactions, the definitive purchase agreement (whether asset purchase agreement, stock purchase agreement, or merger agreement) typically contains representations ...
There is a significant emerging trend in the use of M&A representations and warranties insurance in mergers and acquisitions of privately held companies. Both strategic acquirers and private equity ...
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