Search for: "Indemnity Insurance Corporation "
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15 Sep 2022, 6:33 am
Whether they are new executive leaders or longtime members of a corporate board, directors and officers should be considering two prongs of protection—a robust insurance program and a tailored indemnification agreement. [read post]
14 Sep 2022, 12:05 pm
Economic and insurance considerations also need to be evaluated to ensure that the new business venture and indemnity scheme does not cause gaps in a company’s indemnity and insurance framework. [read post]
25 Aug 2022, 9:05 pm
Blue Bell pleaded guilty as a corporate entity in a related case in 2020 to two counts of distributing adulterated food products in violation of the Federal Food, Drug, and Cosmetic Act. [read post]
15 Aug 2022, 11:52 am
ConMed Corporation (“ConMed”), a medical technology company, filed suit against Federal Insurance Company (“Federal”), a division of Chubb, alleging that Federal breached the terms of its insurance contract when it refused to defend ConMed’s landlords in a Georgia lawsuit. [read post]
4 Aug 2022, 1:25 am
Where a contract of insurance is composite in nature with there being more than one insured each insured is insured separately with all the consequences which flow from that in terms of the cover including the limit of indemnity provided. [read post]
30 Jun 2022, 5:58 am
Relevant legal advice should be sought to ensure that financiers at least get the benefit of any refund mechanisms, insurances, guarantees, and indemnities provided on the shipyard’s side; and be involved in (or even have the direction of) claims against the shipyard for breaches of their obligations under the shipbuilding contract. [read post]
23 Jun 2022, 5:00 pm
The Affordable Care Act created a non-profit corporation, the Patient-Centered Outcomes Research Institute (“PCORI”), to conduct research to help individuals, providers, and policymakers make better healthcare choices by advancing comparative clinical effectiveness research. [read post]
21 Jun 2022, 5:23 pm
Prohibiting the entry into contracts of insurance or other arrangements (including a grant of indemnity) covering a person for liability for monetary penalties, and making it an offence to enter into such a contract or arrangement (section 272A of the Model Act). [read post]
15 Jun 2022, 5:24 pm
The bill would nullify any potential work around by prohibiting any waiver or indemnity provisions. [read post]
7 Jun 2022, 1:04 pm
Your written indemnity agreement is worthless if there is no entity left for you to claim indemnity against. [read post]
24 May 2022, 4:16 pm
If the claim is wholly without merit, costs could be ordered on the indemnity basis. [read post]
24 May 2022, 4:55 am
They also argued that the Corporation Act of 1661 (13 Cha. [read post]
24 Mar 2022, 2:30 pm
So, for example, separate extensions commonly exist for matters such as extradition, corporate manslaughter and pollution. [read post]
16 Feb 2022, 8:07 am
The biggest consequence of risk is professional indemnity insurance, where premiums have increased significantly over the past year. [read post]
15 Feb 2022, 2:05 pm
As I have noted in prior posts on this site, the surge in special purpose acquisition corporation (SPAC) IPO transactions over the last two years has also meant a wave of SPAC-related lawsuits. [read post]
19 Jan 2022, 12:37 pm
Indemnities Data-specific provisions can and should extend to the indemnities section, where they can protect parties from some of the most dangerous and costly risks present in IP and/or data-centric transactions. [read post]
19 Jan 2022, 12:19 pm
RUSI Indemnity Co. [read post]
11 Jan 2022, 7:10 am
(e.g., ransomware, remote locations, and indemnity). [read post]
6 Jan 2022, 7:17 am
In Global Reinsurance Corporation of America v. [read post]
30 Nov 2021, 8:08 am
The bar has an especially high concentration of lawyers working with large corporations, and includes many smaller regulatory practices that tend to work with many companies in the same industry. [read post]