In everyday language, Indemnity is equivalent to money paid to cover actual damage caused by accidents, theft, legal claims, ...

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.

The Federal Housing Administration (FHA) has posted new Frequently Asked Questions (FAQs) on its Streamline Refinance Transaction Indemnification, origination of a non credit-qualifying streamlined ...

Discover what a period of indemnity is in insurance, how it impacts business interruption claims, and examples of extended indemnity coverage in policies.

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 ...

Gregory Jaske, a partner at Olshan Frome Wolosky, provides helpful tips on how businesses can minimize risk by limiting indemnity obligations, outlining common pitfalls to avoid, and offers strategies ...

A California appellate court has carved out an exception to the general rule that employers in California have a duty to reimburse legal expenses of employees whenever they are sued over conduct ...