Template:Indemnity description: Difference between revisions

Jump to navigation Jump to search
Line 29: Line 29:


Actually a little side bar here: The more open-ended the wording of your indemnity, the more prone the courts are to analogise its extent back to ordinary contractual principals of remoteness of damage - see ''[http://www.olswang.com/articles/2015/03/ocq-mar-2015-indemnities/ Total Transport Corporation v Arcadia Petroleum Ltd (The Eurus)]'' Good note that from Olswang, by the way.
Actually a little side bar here: The more open-ended the wording of your indemnity, the more prone the courts are to analogise its extent back to ordinary contractual principals of remoteness of damage - see ''[http://www.olswang.com/articles/2015/03/ocq-mar-2015-indemnities/ Total Transport Corporation v Arcadia Petroleum Ltd (The Eurus)]'' Good note that from Olswang, by the way.
Indemnities are generally viewed as onerous obligations. A request for one will often be met with a sharp intake of breath, particularly from the legal department.<br />


===Indemnities and Guarantees===
===Indemnities and Guarantees===
Retrieved from "https://jollycontrarian.com/index.php?title=Template:Indemnity_description"