Plan sponsors should ask for indemnification clauses when they enter into contracts with service providers and retirement plan advisers, experts say. Indemnification clauses are promises by the ...

Indemnity clauses are included in contracts to provide a means by which the contracting parties can shift the responsibility of risk. “Indemnity clauses can expand, limit or even eliminate the ...

There is often an argument to be made that certain indemnification and exculpatory clauses should be against public policy. When entering into a residential lease, for instance, many future tenants ...

Indemnity clauses represent a contractual transfer of risk between parties to a transaction, the purpose of which is to prevent loss to one of the parties or to compensate that party for losses that ...

This is the first of a series of articles on transactional contracts issues by Prof. Michael L. Bloom and students in the Transactional Lab at the University of Michigan Law School. Indemnification ...

Misunderstanding insurance requirements can turn a profitable construction project into a loss. Learn what coverages ...

This story appears in the March 30 print edition of Transport Topics. Spurred by trucking industry leaders, more states this year are banning contracts that shift liability for any incident that ...

When it comes to artwork created by generative AI, enterprise users have specific legal concerns around permissions -- and Adobe has recognized those worries. That’s why the company has written an ...