A concrete company rented a pumper and was using it at a jobsite when a construction worker was struck and injured by the pumper’s hose. Claims were filed against both the concrete company and 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 ...

Service as a corporate director or officer entails significant personal risk. If the corporation is involved in any kind of dispute or investigation, its directors and officers (D&O’s) can expect to ...

If you’ve heard of the term indemnity, you may be wondering, “what is indemnity insurance?” Indemnity is an agreement between two parties in which one party is responsible for compensating another for ...

Fate Therapeutics Inc. (NASDAQ:FATE), a biopharmaceutical company focused on the development of programmed cellular immunotherapies, has updated its indemnification agreements for directors and ...

According to Black's Law Dictionary, indemnity is "a duty to make good any loss, damage, or liability incurred by another." It's possible to limit the scope of that duty during contract negotiations.

As much as this may stretch your imagination, as unlikely a scenario as it may seem, say you mess up. Big time. You left the barn doors of some commercial transaction open and not only are the cows ...

Directors leave boards for a variety of reasons, including personal issues, the company’s financial situation, M&A, etc. While directors may have good reason to leave, doing so can leave them feeling ...