Outside of the representations and warranties in a purchase agreement for the purchase and sale of a business, often the other most highly negotiated provisions are the indemnification provisions.
Indemnification is more than a six syllable word that puts you to sleep before you’ve finished saying it. Often overlooked, indemnification creates important, business-ending responsibilities that ...
Plan sponsors should ask for indemnification clauses when they enter into contracts with service providers and retirement plan advisers, experts say. Indemnification clauses are promises by the ...
February 05, 2025 - In the complex landscape of mergers and acquisitions (M&A), cybersecurity and data privacy have become pivotal concerns. Cyber threats can significantly impact the value and ...
SCOTTSDALE, Ariz.—Resideo Technologies announced that it has entered into a definitive agreement with Honeywell International to accelerate and eliminate all future monetary obligations under the ...
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 ...
In most M&A transactions involving a privately held target, the seller’s representations and warranties and its indemnification obligations are the most heavily negotiated provisions in the definitive ...
The First Circuit recently affirmed a District of Massachusetts decision granting summary judgment in litigation arising from a 2018 data breach involving protected health information (PHI). In Axis ...
Using ChatGPT means that you have agreed to the OpenAI indemnification clause, something that you might not realize is there but can be big trouble for you when invoked. If you are using the widely ...
Plan sponsors should ask for indemnification clauses when they enter into contracts with service providers and retirement plan advisers, experts say. Indemnification clauses are promises by the ...
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