“Let’s leave that to the lawyers.” It’s a familiar refrain that I hear often as contract negotiations drag on between parties. After the primary deal points in a contract have been agreed upon, many ...
Any contractor seeking bonding capacity, whether it be for public or private projects, will necessarily see a general indemnity agreement as a part ...
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 ...
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 ...
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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