If you are serving as an officer or director of a public company (or a large private company), it has never been more important to make sure that you have an aggressively protective personal ...
This article addresses potential issues and concerns, which may arise between General Contractors (“General”), Subcontractors (the “Sub”) and their insurers when claims by outside parties (also known ...
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.
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
To paraphrase a valued client, “A contractor without a bond really isn’t a contractor.” Bonds certainly allow for the performance of governmental work and opportunities for private work. A payment ...
A primary benefit of the no-recourse structure is that the private equity sponsor can distribute sale proceeds to its ...
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 ...
From concept to creation there are layers of development that go into making a building, bridge or road. When a property owner hires a contractor, who in turn hires a subcontractor to construct his ...
SCOTTSDALE, Ariz., July 30, 2025 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products ...
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What is a hold harmless agreement?
A hold harmless agreement releases a party from the consequences of another's actions. Learn how and when to use a hold harmless agreement in business.
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