Newsroom Author: Joy Verma

INDEMNITY PROVISIONS IN CONTRACTS: COURTS WILL HOLD YOU TO THEM!

Indemnity clauses are arguably one of the most litigated provisions in a construction contract. An indemnity provision, simply put, transfers risk from one party (called the “indemnitee”) to another party (called the “indemnitor”). Under an indemnity provision, the indemnitor agrees to reimburse the indemnitee for losses resulting from a claim or claims brought by a third-party. A recent case, American … Continue reading