Under the Massachusetts statute of repose, tort claims involving improvements to real estate generally must be initiated within six years of the improvement’s opening to use.[1] So, for example, if a ...
Hark! A recent Alabama Supreme Court indemnity decision, Mobile Infirmary Association v. Quest Diagnostics Clinical Laboratories, may require you to retrieve your drafting pen. Although not a case ...
Sarah Biser, a partner at McCarter & English, writes that often, the party to a construction contract with the greater negotiating power will require contractors and subcontractors to provide an ...
On October 9, 2011, Gov. Brown signed SB 474, a bill that dramatically changes the rules of the game with respect to indemnity and insurance obligations found in construction contracts. This seminar ...
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What is a hold harmless agreement?
A hold harmless agreement releases a party from the consequences of another's actions. Learn how and when to use a hold harmless agreement in business.
Indemnification is used for risk allocation Indemnification may include defense obligation Indemnified party is entitled to reimbursement for covered losses Indemnification can be complex and heavily ...
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