Contractual Indemnities

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Contractual Indemnities

Author : Wayne Courtney
Publisher : Bloomsbury Publishing
Page : 312 pages
File Size : 47,7 Mb
Release : 2014-12-01
Category : Law
ISBN : 9781782253884

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Contractual Indemnities by Wayne Courtney Pdf

Promises of indemnity are found in many kinds of commercial contracts, not just contracts of insurance. This book examines the nature and effect of contractual indemnities outside the insurance context. It is the first work to provide a detailed account of the subject in English law. The book presents a coherent theory of the promise of indemnity while also addressing important practical issues, such as the construction of contractual indemnities. The subject is approached from two perspectives. The foundations are laid by examining general principles applicable to indemnities in various forms. This covers the nature of indemnity promises; general principles of construction; the determination of scope; and the enforcement of indemnities. The approach then moves from the general to the specific, by examining separately particular forms of indemnity. Included among these are indemnities against liability to third parties, and indemnities against default or non-performance by third parties. The book states English law but it draws upon a considerable amount of material from other common law jurisdictions, including Australia, Canada, New Zealand and Singapore. It will appeal to readers from those countries.

The Managers Guide to Understanding Indemnity Clauses

Author : Frank Adoranti
Publisher : Global Professional Publishi
Page : 110 pages
File Size : 48,5 Mb
Release : 2006
Category : Clauses (Law)
ISBN : 0852977603

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The Managers Guide to Understanding Indemnity Clauses by Frank Adoranti Pdf

* Examples are given from 'real life' business situations * Practical information and 'Golden Rules' on what to do and what not to do * Plain English explanations of legal terms This book explains the differences between fair indemnity clauses and those that are unduly onerous and will give readers an understanding of the nature of indemnities and their potentially devastating effects. This series explains the basics of commercial contract law, highlights how to spot potential issues before they become a problem, and then how to work with a lawyer more effectively if things go wrong. It is a practical series definitely intended for corporate managers rather than lawyers.

Stephens on Contractual Indemnities

Author : Richard Stephens
Publisher : Unknown
Page : 256 pages
File Size : 43,9 Mb
Release : 2021-01-11
Category : Electronic
ISBN : 1912687917

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Stephens on Contractual Indemnities by Richard Stephens Pdf

Indemnities have become commonplace in modern commercial contracts, with a modern commercial contract often containing numerous indemnities and using familiar expressions such as "save and hold harmless". However, few lawyers can say with confidence what such expressions mean or even what the advantage of an indemnity is over a straight breach of warranty claim. Along with their popularity in modern drafting, cases are starting to come along at an increasing rate and the courts are having to address exactly what indemnities are and what they mean in practice. Indeed, from these same cases it can be seen what the pitfalls are for the lawyer involved in drafting or negotiating indemnities in commercial contracts. While cases on indemnities go back centuries, this book focuses on the recent cases to draw out the practical implications for lawyers. There are many cases on the subject and the decisions are not always easy to reconcile, but this book tries to draw out the lessons that can be learned from the cases to demystify the indemnity and explain its practical implications. It is strange that the indemnity has become so popular while at the same time there is a dearth of academic or practical literature on the subject. This book attempts to state in a coherent fashion a modern "law of indemnities" for the modern commercial lawyer. ABOUT THE AUTHOR Richard Stephens has been in practice for some forty years, working primarily in the technology sector. He has seen the law from the angle of both a litigator and a non-contentious lawyer and brings to bear his experience in both of these fields. Richard first qualified as a barrister before moving in-house to work at two prominent IT companies in the 90's and then requalifying as a solicitor to become a partner in two City of London Law firms. He set up his own practice in 2004 and since then has worked as mediator and arbitrator in numerous cases as well as establishing himself as a trainer in the area of commercial legal subjects, including a half-day session looking specifically at contractual indemnities. He is a Fellow of the Chartered Institute of Arbitrators, of the British Computer Society and of the Society for Computers & Law (of which he is a past Chair). CONTENTS Chapter One - What Is an Indemnity? Chapter Two - Construction of Indemnities Chapter Three - Recovering Under an Indemnity Chapter Four - Scope of the Indemnity Chapter Five - Liability Issues Chapter Six - How the Law Applies to Different Types of Indemnity

Understanding Indemnity Clauses

Author : Frank Adoranti
Publisher : Unknown
Page : 88 pages
File Size : 53,8 Mb
Release : 2003
Category : Contracts
ISBN : 0958145202

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Understanding Indemnity Clauses by Frank Adoranti Pdf

Introductory business law guide to indemnity, part of a series in commercial contracts. Designed to assist business managers in contractual negations or when confronted with a lawsuit. Provides practical examples and case studies from real-life situations. Topics covered include language and terminology of indemnity, pitfalls, consequential or indirect loss, outsourcing risk and insurance issues. Includes index. Author is a corporate lawyer with over 15 years legal experience including commercial contracts and litigation, international transactions and dispute resolution.

Contractual Risk Allocation

Author : David Downie
Publisher : Blue Peg Publisher
Page : 36 pages
File Size : 50,5 Mb
Release : 2012-11-23
Category : Commercial law
ISBN : 1922159425

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Contractual Risk Allocation by David Downie Pdf

Every commercial transaction involves risk. Negotiating the terms of a contract that gives effect to a transaction provides an opportunity to transfer that risk to someone else through the use of common drafting mechanisms including warranties, indemnities, exclusion clauses and insurance clauses. This book provides a practical guide to approaching these clauses so as to ensure your interests are best protected. The importance of each clause is highlighted along with helpful tips drawn from the long experience of the authors in drafting, negotiating and interpreting commercial contracts in their everyday practice.

The Surety's Indemnity Agreement

Author : Marilyn Klinger,Tracey L. Haley,George J. Bachrach
Publisher : American Bar Association
Page : 692 pages
File Size : 50,9 Mb
Release : 2008
Category : Law
ISBN : 1604420006

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The Surety's Indemnity Agreement by Marilyn Klinger,Tracey L. Haley,George J. Bachrach Pdf

Knock-for-Knock Indemnities and the Law

Author : Kristoffer Svendsen,Endre Stavang,Greg Gordon
Publisher : Taylor & Francis
Page : 337 pages
File Size : 45,5 Mb
Release : 2023-03-15
Category : Law
ISBN : 9781000834017

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Knock-for-Knock Indemnities and the Law by Kristoffer Svendsen,Endre Stavang,Greg Gordon Pdf

This book examines contractual limitation, principles and practice through the use of knock-for-knock indemnity clauses. In using such clauses, the parties agree that for certain forms of potential liability – typically property damage, personal injury to employees, and sometimes other heads of claim such as consequential loss – any loss arising will be absorbed by the party who suffers it: "you look after your losses, I’ll look after mine." It is an apparently simple, pragmatic and neat solution to the question of who bears liability: a risk allocation model so straightforward that it was described by one experienced English judge, Honorable Mr. Justice Morison, as "crude". A specialist contributor team of international experts, examine the origin, application and effect of these clauses in important jurisdictions, their impact in different industries such as oil & gas, shipping, construction and insurance, through the lenses of both economic and legal analyses. The book is of use for lawyers, economists and businesspeople who draft, negotiates or manage contracts in all industries where liability is dealt with in this way. It is also of interest to students, academics, and policy makers.

The Tech Indemnities Pocket Guide

Author : David W. Tollen
Publisher : Unknown
Page : 58 pages
File Size : 53,8 Mb
Release : 2020
Category : Computer contracts
ISBN : 1641057335

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The Tech Indemnities Pocket Guide by David W. Tollen Pdf

A simple 58-page guide to indemnity terms, from the author of ABA's bestseller, The Tech Contracts Handbook. Avoid the misunderstandings, mistakes, and delays common to indemnities in software licenses and cloud computing agreements. This practical e-book is ideal for both lawyers and businesspeople. It's accessible, clear, and precise, like a good contract.

The FIDIC Forms of Contract

Author : Nael G. Bunni
Publisher : John Wiley & Sons
Page : 731 pages
File Size : 40,7 Mb
Release : 2013-02-05
Category : Law
ISBN : 9781118658659

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The FIDIC Forms of Contract by Nael G. Bunni Pdf

In September 1999, FIDIC introduced its new Suite of Contracts, which included a “new” Red, Yellow, Silver and Green forms of contract. The “new” Red Book was intended to replace the 1992 fourth edition of the Red Book, with the ambition that its use would cease with time. This ambition has not materialised and is unlikely to do so in the future. Despite the importance of the 1999 Forms, there has been very little published on the new concepts adopted in them and how they interact with the previous forms. This important work considers these aspects together with the many developments affecting the fourth edition of the Red Book that have taken place since 1997, when the second edition of this book was published, and relates them to key contracting issues. It is written by a chartered engineer, conciliator and international arbitrator with wide experience in the use of the FIDIC Forms and in the various dispute resolution mechanisms specified in them. Important features of this book include: · background and concepts of the various forms of contract; · a detailed comparison of the wording of the1999 three main forms, which although similar in nature; it nevertheless significantly differs in certain areas where the three forms diverge due to their intended purpose; · analysis of the rights and obligations of the parties involved in the contract and the allocation of risks concerned; · a range of ‘decision tree’ charts, analysing the main features of the 1992 Red Book, including risks, indemnities and insurances, claims and counterclaims, variations, procedure for claims, programme and delay, suspension, payments and certificates, dispute resolution mechanisms, and dispute boards; · a much enlarged discussion of the meaning of “claim” and “dispute” and the types of claim with a discussion of the Notice provision in the 1999 forms of contract for the submittal of claims by a contractor and by an employer; · the FIDIC scheme of indemnities and insurance requirements; and the methods of dispute resolution provided by the various forms of contract; and · five new chapters in this third edition, the first four chapters deal with each of the 1999 forms and the fifth chapter is confined to the topic of Dispute Boards.

The Principle of Indemnity in Marine Insurance Contracts

Author : Kyriaki Noussia
Publisher : Springer Science & Business Media
Page : 307 pages
File Size : 54,9 Mb
Release : 2007-08-06
Category : Law
ISBN : 9783540490746

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The Principle of Indemnity in Marine Insurance Contracts by Kyriaki Noussia Pdf

This book discusses legal issues related to the principle of indemnity in marine insurance contracts as well as disputes that may arise in a representative sample of common and continental law jurisdictions. It offers a comparative examination of Australian, English, Canadian, French, Greek, Norwegian and U.S. law. It examines the scope for a legal reform and the potential of achieving a better, more flexible, and modern indemnification regime.

Contractual Risk Transfer

Author : Patrick J. Wielinski,Jack P. Gibson,W. Jeffrey Woodward
Publisher : Unknown
Page : 128 pages
File Size : 47,7 Mb
Release : 2013
Category : Indemnity against liability
ISBN : OCLC:33137246

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Contractual Risk Transfer by Patrick J. Wielinski,Jack P. Gibson,W. Jeffrey Woodward Pdf

The Law of Insurance Contracts

Author : Malcolm Alistair Clarke,Malcolm A. Clarke
Publisher : Lloyd's of London Press Limited
Page : 1018 pages
File Size : 54,6 Mb
Release : 1994
Category : Law
ISBN : STANFORD:36105060925166

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The Law of Insurance Contracts by Malcolm Alistair Clarke,Malcolm A. Clarke Pdf

"Widely regarded as the premier source to insurance contract law, it provides an exhaustive guide with detailed notes you can cite in court in a highly readable, fuss-free manner."

Fraud and Breach of Warranty

Author : Simon Salzedo KC,Andrew McIntyre,Sophie Shaw
Publisher : Bloomsbury Publishing
Page : 298 pages
File Size : 55,8 Mb
Release : 2020-09-24
Category : Law
ISBN : 9781526509673

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Fraud and Breach of Warranty by Simon Salzedo KC,Andrew McIntyre,Sophie Shaw Pdf

Claims of fraud and breach of warranty are common following the purchase of a business. They often mix tort and breach of contract and may involve specialist aspects such as notification provisions and escrow mechanisms. This new title provides a practitioner's guide to claims of fraud and breach of warranty from a leading commercial QC with great experience in this field. Key questions to be considered include: 1. When can a warranty also be a representation? Cases include Idemitsu Kosan v Sumitomo [2016] 2 CLC 297 2. When is a warranty claim properly notified and served? Cases to be considered include Nobahar-Cookson v Hut Group [2016] EWCA Civ 128 and Teoco v Aircom Jersey 4 Ltd [2018] EWCA Civ 23 3. When is has fair disclosure been given? Cases include New Hearts v Cosmopolitan Investments [1997] 2 BCLC 249, Infiniteland v Artisan Contracting [2006] 1 BCLC 632 4. What are the requirements for proving fraud in the context of sale of a business? Cases include Belfairs v Sutherland [2010] EWHC 2276 (Ch) 5. When is an accounting fraud attributed to the seller? Cases include Man v Freightliner [2005] EWHC 2347 (Comm) and Hut Group v Nobahar-Cookson [2014] EWHC 3842 (QB) 6. What are the remedies for fraud and breach of warranty and how are damages calculated? Cases include Lion Nathan v CC Bottlers [1996] 1 WLR 1438, Senate Electrical v Alcatel Submarine [1999] 2 Lloyd's Rep 423 7. When can the seller claim for loss of earnout under purchaser's warranties? Cases include Porton v 3M [2011] EWHC 2895 (Comm) and Kitcatt v MMS [2017] 2 BCLC 352

The 2017 FIDIC Contracts

Author : William Godwin
Publisher : John Wiley & Sons
Page : 264 pages
File Size : 43,7 Mb
Release : 2020-02-19
Category : Law
ISBN : 9781119514657

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The 2017 FIDIC Contracts by William Godwin Pdf

Provides a clear and comprehensive guide to the 2017 FIDIC contracts—written by a member of the FIDIC Updates Task Group FIDIC contracts are the most widely used engineering standard form contracts internationally but until 2017 the three main forms (the Red, Yellow and Silver Books) had not been amended or updated for nearly two decades, since the first editions were published in 1999. Written by a specialist lawyer who was member of the FIDIC Updates Task Group responsible for writing the new contracts, this book examines in detail the many substantial changes they have introduced. After providing an overview the contracts are examined clause by clause with the aim of showing how each compares and contrasts with the others and how the second editions compare and contrast with the first. The first chapter describes how the Red, Yellow and Silver Books evolved from earlier contract forms and the distinctive characteristics of each, before providing an overview of the updates, including new potential risks for both Employer and Contractor, and then examining, in the second chapter, key general provisions such as the new rules on notices and limitation of liability. Chapter 3 examines the enhanced role of the Engineer in the Red and Yellow Books/Employer’s Representative’s function in the Silver including the new procedure for determinations as well as the Employer’s obligations and contract administration. The Contractor’s obligations are considered in chapter 4 while chapter 5 examines his responsibility for design in the Yellow and Silver Books. Chapters 6 to 14 deal respectively with plant, materials and workmanship and staff and labour; time-related provisions in the three contracts including extensions of time, and the Employer’s right to suspend the works; testing on and after completion and the Employer’s taking over of the works; defects after taking over, acceptance of the works and unfulfilled obligations; measurement (in the Red Book), the Contract Price and payment; the new variations regime and adjustments to the Price; termination and suspension; care of the works and indemnities and Exceptional Events (previously, Force Majeure). An important feature of the new contracts is their increased emphasis on clarity in the claims process and on dispute avoidance. These topics are examined in the final two chapters, 15 and 16, which deal respectively with the new claims and dispute resolution provisions of the 2017 forms. FIDIC contracts are the most widely used standard forms of contract for international engineering and construction projects Provides a clear and comprehensive guide to the 2017 FIDIC Red, Yellow and Silver Books Written by a senior specialist lawyer and member of the FIDIC 2017 Updates Task Group responsible for writing the new contracts Accessible to those with little or no familiarity with FIDIC contracts The 2017 FIDIC Contracts is an important guide for anyone engaged in international projects, including employers, contractors, engineers, lawyers, suppliers and project financiers/sponsors.