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

Vietnamese M&A ticks higher despite global turbulence

M&A in Vietnam surged in Q3, thanks to an economy that has proved resilient in the face of a global ...

Read More >

[Video] Daily Compliance News: December 30, 2019, the Where is Joh Low edition

In today’s edition of Daily Compliance News: • Malaysia not getting much help to find Jho Low. (Bl...

Read More >

Access to Public Space on an Employer’s Property by Non-Employee Union Organizers: A New Rule

In University of Pittsburgh Medical Center (UPMC), a 3 to 1 majority of the National Labor Relations...

Read More >

NLRB Restricts Employee Use of Employer-Provided Email for Section 7 Purposes

Earlier this week, the National Labor Relations Board ("Board") issued an important decision, return...

Read More >

Merger Review Procedures Undergo Global Modifications

The global spread of the novel coronavirus has disrupted everyday life all over the world and impose...

Read More >