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Contract Drafting › Indemnification › Indemnification Clauses

Bradley Arant Boult Cummings LLP

The Potential Double Whammy: Will the Company Have to Pay the Legal Fees of Disloyal Former Insiders If the Company Sues Them?

Bradley Arant Boult Cummings LLP on

In a real-life case of adding insult to financial injury, companies harmed by the disloyal actions of their former partners, officers, managers or employees (the “former insiders”) may also have to pay their legal fees when...more

Butler Snow LLP

Drafting an indemnity agreement that works the way the indemnitee expects it to work

Butler Snow LLP on

Countless indemnity agreements run along these lines: A hereby promises to defend, indemnify, and hold B harmless against all claims [etc.] caused by A’s negligence [etc.]...more

McNees Wallace & Nurick LLC

Is that Covered? Insurance and Indemnity Clauses

McNees Wallace & Nurick LLC on

Many contracts contain clauses requiring parties to carry insurance and to agree to indemnify one party or another in the event of a lawsuit. Such language is typical in lease agreements, distribution contracts, and...more

Goodwin

Key Issues in Drafting Indemnification Clauses

Goodwin on

Many agreements involving stock or asset purchases contain indemnification clauses – that is, clauses under which one party to the agreement promises to indemnify the other party in the event of future losses arising from the...more

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