A primary benefit of the no-recourse structure is that the private equity sponsor can distribute sale proceeds to its ...
Indemnification is more than a six syllable word that puts you to sleep before you’ve finished saying it. Often overlooked, indemnification creates important, business-ending responsibilities that ...
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 ...
Corporate bylaws and operating agreements often contain provisions that provide for indemnification to directors, officers and in some cases employees and agents who become parties to litigation, ...
Indemnification is used for risk allocation Indemnification may include defense obligation Indemnified party is entitled to reimbursement for covered losses Indemnification can be complex and heavily ...
In most M&A transactions involving a privately held target, the seller’s representations and warranties and its indemnification obligations are the most heavily negotiated provisions in the definitive ...
Construction projects involve high risk. Multiple contractors and subcontractors working on a project site—often with heavy equipment and hazardous conditions—creates the potential for significant ...
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 ...
Law and Emergency Medicine is a new feature that will be appearing regularly in Common Sense. Articles will focus on legal, regulatory, and political issues that affect emergency physicians. We need ...
The First Circuit recently affirmed a District of Massachusetts decision granting summary judgment in litigation arising from a 2018 data breach involving protected health information (PHI). In Axis ...
Microsoft has clarified its IP indemnification policy, saying that it will indemnify claimants against damages as well as just legal costs, but some legal observers say the company still needs to ...
If a disgruntled trustee of a condominium association sues to enjoin his removal from its board, is he entitled to indemnification for his attorney fees and expenses for his affirmative claims, based ...
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