X
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
Source Url: https://www.jdsupra.com/legalnews/the-first-party-third-party-claim-34442/

Related

SBA Clarifies Rules Regarding PPP Loans And Changes Of Ownership

In a recently issued procedural notice, the Small Business Association (“SBA”) addressed a lingeri...

Read More >

New California Law Prohibits Mandatory Arbitration of State Law Employment Claims

On January 1, 2020, a new California law could prevent employers in that state from requiring arbitr...

Read More >

Distressed Assets Are Hitting the Market. How Can Investors Buy Wisely?

As the U.S. heads into another major economic downturn, one type of property has bubbled to the top ...

Read More >

NLRB Members Lean Toward Possible Easing Of Restrictions On Off-Duty Employee Access Rules

Two of the four members of the National Labor Relations Board (NLRB) have indicated they are willing...

Read More >

[Video] Hutchison Assists Technology Startup Companies Close Deals with Investors Video

Hear how Hutchison PLLC provides strategic guidance to technology entrepreneurs to help them navigat...

Read More >

Dear YouDig? The Power of a Decision

Dear YouDig?, We have been very successful in constructing strip centers throughout the Midwest. O...

Read More >