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.

“Let’s leave that to the lawyers.” It’s a familiar refrain that I hear often as contract negotiations drag on between parties. After the primary deal points in a contract have been agreed upon, many ...

Indemnity is one party's promise to protect another party from loss. This is the first of two articles that will analyze key indemnity issues as they relate to IT contracts. When negotiating a ...

TimesMachine is an exclusive benefit for home delivery and digital subscribers. About the Archive This is a digitized version of an article from The Times’s print archive, before the start of online ...

Under Texas law the duty to defend and the duty to indemnify are distinct and separate duties, and one duty may exist without another. D.R. Horton-Tex. Ltd. v. Markel Int’l Ins. Co., 300 S.W.3d 740, ...

It makes good business sense to enter into contracts carefully, ensuring that each aspect of the contract accurately details responsibility, deliverability and cost. Many contracts contain an ...

In our last article, we considered issues relating to the scope of an IT product and service seller's obligation to indemnify—specifically, types of covered losses and claims and special issues ...

Opinion: Successful pilot contracts can lead to a full commercial rollout, benefiting both prospective clients and startups.

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