The indemnity clause is the most common contract clause and the most powerful. It can change the scope of liability, the measure of damages and the statute of limitations, as well as shift responsibility for defense costs. This book reviews common pitfalls that practitioners encounter in this area, the opportunities created by contemporary insurance products as well as the meaning and effect of a growing body of anti-indemnification legislation being enacted around the country.
Summary of Contents
- Role of Indemnity and Insurance in Business Litigation
- Common Law Indemnity
- The Scope of Indemnification
- Litigating Direct Contractual Indemnity and Insurance Obligation Claims
- Limitation of Liability and Indemnification Slides