Indemnification clauses are often considered a critical component of risk mitigation strategies in legal relationships. However, as is well understood, the value of an indemnification clause, in the ...
One of the most negotiated and fundamental provisions in any contract is the manner in which the parties will allocate risk. Also known as an “indemnity” or an “indemnification provision,” these ...
Despite their importance and prevalence in almost every sales contract, indemnity clauses are often poorly worded, overly broad, misunderstood and ignored. We see a lot of unnecessary legal spend ...
Gregory Jaske, a partner at Olshan Frome Wolosky, provides helpful tips on how businesses can minimize risk by limiting indemnity obligations, outlining common pitfalls to avoid, and offers strategies ...