The Managers Guide to Understanding Indemnity Clauses
* 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...
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* 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 termsThis 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.
Ch. 1FoundationCh. 2Why use indemnities?Ch. 3ExamplesCh. 4PitfallsCh. 5Consequential (or indirect) lossCh. 6Outsourcing riskCh. 7Insurance issuesCh. 8Conclusion
