03Dec
The First-Party/Third-Party Claim Distinction in Indemnification Provisions—Unambiguously Broad Is Not Necessarily the Same Thing as “Clear and Unequivocal”
Indemnification clauses are ubiquitous in commercial agreements of all types. In the M&A context, indemnification is a concept that applies most frequently in the contractual remedies regimes that are provided in private company acquisition agreements for breaches of representations and warranties, or for excluded liabilities. Indemnification is also a concept that arises in entity formation agreements for officers and directors in the corporate context, for members and managers in the limited...
By:
Weil, Gotshal & Manges LLP
Related
On Thursday, February 6, 2020 the U.S. House of Representatives passed the Protecting the Right to O...
Read More >
The new year will bring significant changes for California employers, which could have substantial r...
Read More >
Recently, the U.S. Equal Employment Opportunity Commission (“EEOC”) announced that it is extending...
Read More >
In Germany, employees enjoy rather strong protection against termination of employment. Additionally...
Read More >
On June 20, 2019, Oregon governor Kate Brown signed House Bill (HB) 2016 into law. The legislation b...
Read More >
While the gig economy often gets derided by worker advocates for being unfair to its workers, one as...
Read More >