Search for: "Financial Indemnity Company"
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24 May 2013, 12:00 pm
The franchisee may ultimately end up being financially responsible for PCI DSS compliance. [read post]
11 Aug 2010, 6:23 am
The concept of indemnity requires that the person indemnified receives sufficient funds to put him or her back in the financial place he or she was in moments before the loss. [read post]
23 Mar 2015, 6:00 am
As alleged by XL Specialty Insurance, the defendants made false representations on financial statements that formed the basis for the bonding and indemnity agreement between the plaintiff and defendant. [read post]
29 May 2017, 6:11 am
The funds were created by state government agencies from the surcharges collected on workers compensation from insurance companies. [read post]
19 May 2021, 1:34 pm
While Section 2673.1(a)(2) would maintain any entity’s right to seek indemnity and contribution from those found jointly and severally liable, litigation on something like this can be expensive and possibly fruitless if companies in the chain can’t pay. [read post]
18 Oct 2023, 12:36 am
Most insurers have shareholders and others to whom they must answer financially, and the friction between profits and compensating business for their losses and defense costs can easily lead to bad faith practices. [read post]
3 Sep 2013, 1:38 am
One particularly important context in which the interrelatedness issue has arisen in recent years is in the litigation involving the financial crisis. [read post]
2 Oct 2023, 10:41 am
That said, a derivative claim will almost certainly be Side A or non-indemnifiable loss in D&O terms for any damages, as the directors cannot have the benefit of a company indemnity for a claim, effectively, by the company. [read post]
9 Nov 2007, 10:23 am
William Walker Construction Company, et al. [read post]
18 Oct 2015, 4:57 pm
Pence allegedly undertook these actions while acting as a frontman for a convicted felon Wilbur Anthony Huff, who allegedly had funded Pence’s purported acquisition of a majority stake in the company and provided Pence with other financial benefits, as well as a Cadillac Escalade. [read post]
26 Aug 2020, 2:56 pm
Indemnity provisions need to be clear and responsive. [read post]
24 May 2018, 6:30 am
The claim file auditor will analyzed the claim handling errors in regard to the financial impact each error had on the claim. [read post]
2 Nov 2023, 2:43 pm
Typical purchase agreements, even for lower middle market companies, can often be in the fifty-to-seventy-five-page range and are typically extremely comprehensive in terms of the representations, warranties, and indemnities required from the seller and the seller’s owners. [read post]
7 Jun 2020, 12:17 pm
Executive Risk Indemnity (here). [read post]
26 Mar 2012, 1:23 pm
The Sixth Circuit thus joined the Third Circuit in enforcing such indemnity provisions. [read post]
22 Jun 2017, 8:15 am
Thus, companies should anticipate claims developing early and quickly amongst their educated buyers. [read post]
11 Mar 2010, 9:31 am
The government also may depend on a corporation for a key aspect of national defense - thus creating an incentive to protect the company from financial penalties associated with bad behavior. [read post]
29 Sep 2010, 2:09 am
If your landlord is a limited company, you are entitled to request the name and address of every director and the company secretary. [read post]
6 Feb 2011, 11:22 am
First, the risk manager can demonstrate how the company will realize significant financial savings if a return-to-work program is established. ? [read post]
12 Jun 2021, 1:07 pm
Finally, the company should make sure it has a signed copy of the resigning director’s indemnity agreement. [read post]
