Contractual indemnification clauses are among the most overused and misunderstood rights that parties argue over and negotiate for. Although nothing in Illinois law prohibits parties from specifically ...

Let’s begin by defining “indemnification clauses.” To “indemnify” is to compensate someone for injury or losses incurred (or to be incurred) as related to ...

In merger and acquisition (“M&A”) transactions, the definitive purchase agreement (whether asset purchase agreement, stock purchase agreement, or merger agreement) typically contains representations ...

Because courts generally presume indemnification applies only to third-party claims, any broader intent must be stated in clear and specific language. Seasoned construction professionals recognize the ...

No matter which side of the equation you are on, properly evaluating the application and enforceability of such contractual indemnity and additional insured obligations is critical, as it can result ...

Do you rely on third parties in your organization? Are you a third party to others? And have you signed agreements with these parties? For many, the answer to all three questions is “yes.” Do you know ...