An indemnity is a sum paid by A to B by way of compensation for a particular loss suffered by B. The indemnitor (A) may or may not be responsible for the loss suffered by the indemnitee (B). Forms of indemnity include cash payments, repairs, replacement, and reinstatement.
Posts about Indemnification
  • Patent News Grab–Bag

    … Some news of note for this Valentine’s Day week: N.D. Cal. Orders Early Damages Disclosures: The U.S. District Court for the Northern District of California has amended its local patent rules to require the parties to (1) provide the court with a good–faith (non–binding) estimate of the damages range expected for the case at the initial case…

    David Swetnam Burland/ Brann & Isaacson- 8 readers -

    … the contractor for a violation of building code (and corresponding defects and damage) and the contractor, in turn, sued subcontractors for indemnification and contribution. The contractor was seeking indemnity for the statutory building code violations as well as contractual breaches that caused the construction defects and damage. On appeal, the Fourth…

    Florida Construction Legal Updates- 10 readers -
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