Parties to business acquisitions use indemnification clauses to provide security for harm that may result following the closing of the transaction. Indemnification obligations require one party to ...

Outside of the representations and warranties in a purchase agreement for the purchase and sale of a business, often the other most highly negotiated provisions are the indemnification provisions.

Indemnification is more than a six syllable word that puts you to sleep before you’ve finished saying it. Often overlooked, indemnification creates important, business-ending responsibilities that ...

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 ...

February 05, 2025 - In the complex landscape of mergers and acquisitions (M&A), cybersecurity and data privacy have become pivotal concerns. Cyber threats can significantly impact the value and ...

Let’s begin by defining “indemnification clauses.” To “indemnify” is to compensate someone for injury or losses incurred (or to be incurred) as related to ...

Indemnification is used for risk allocation Indemnification may include defense obligation Indemnified party is entitled to reimbursement for covered losses Indemnification can be complex and heavily ...

Using ChatGPT means that you have agreed to the OpenAI indemnification clause, something that you might not realize is there but can be big trouble for you when invoked. If you are using the widely ...

SCOTTSDALE, Ariz.—Resideo Technologies announced that it has entered into a definitive agreement with Honeywell International to accelerate and eliminate all future monetary obligations under the ...

I cannot say why some attorneys place an environmental indemnification clause in their trusts when so many other attorneys do not. The primary purpose of the clause is to encourage a trust company or ...

The latest announcement is out from Exodus Movement, Inc. Class A ( ($EXOD) ). On December 8, 2025, Exodus Movement, Inc. implemented new ...

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 ...