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
The New York City Council has approved, by a vote of 43-3, a bill that would make it unlawful for mo...
Read More >
New Jersey Governor Phil Murphy signed into law the Create a Respectful and Open Workspace for Natur...
Read More >
The Federal Trade Commission and the Antitrust Division of the Department of Justice (the “Agencies...
Read More >
Back by popular demand, ACI’s EPLI conference returns to New York City. Whether you are a claims ma...
Read More >
In a significant decision for employers, a Colorado appellate court recently upheld an employer’s p...
Read More >
On August 9, 2019, Governor J.B. Pritzker signed the Workplace Transparency Act into law, making Ill...
Read More >