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 ...

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 ...

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 ...

An after-tax indemnity limitation reduces the indemnifying party’s liability to the indemnified party by an amount intended to take into account any tax benefit that the indemnified party received ...

In merger and acquisition (“M&A”) transactions, the definitive purchase agreement (whether asset purchase agreement, stock purchase agreement, or merger agreement) typically contains representations ...

As much as this may stretch your imagination, as unlikely a scenario as it may seem, say you mess up. Big time. You left the barn doors of some commercial transaction open and not only are the cows ...

Every now and again, I have to remind myself — or be reminded by a client — that not everyone speaks “law.” What are familiar terms to lawyers aren’t necessarily so to those in other walks of life. I ...

Developers rushing to get projects off the ground can face significant risks without developing clearly defined indemnity clauses at the outset. Indemnity clauses, included in virtually all ...