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 ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Tax penalty. Appointment of court punishment for non-payment of ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Discover what a period of indemnity is in insurance, how it impacts business interruption claims, and examples of extended indemnity coverage in policies.
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Indemnity in insurance: What does it mean? How it works, and why it matters – explained
In everyday language, Indemnity is equivalent to money paid to cover actual damage caused by accidents, theft, legal claims, ...
A long line of cases has held that a standard indemnification provision in a bilateral commercial contract will be presumed not to provide for fee-shifting with respect to claims between the ...
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 ...
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