"No indemnification, hold harmless, or similar agreement or conveyance shall be effective to transfer from the owner or operator of any vessel or facility or from any person who may be liable for a ...

Any contractor seeking bonding capacity, whether it be for public or private projects, will necessarily see a general indemnity agreement as a part ...

Pryor Cashman partners Todd Soloway and Bryan Mohler discuss how hotel industry stakeholders attempt to address these competing concerns in hotel management agreements through indemnification language ...

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.

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 ...

Hotel management agreements, like other commercial contracts, often contain clauses apportioning liability among the parties for potential losses or damages arising out of specific events or actions.