Indemnity in an NDA: Difference between revisions

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{{confianat|Indemnity}}
{{a|confi|}}{{Indemnitycapsule}}
===Indemnities generally===
 
{{Indemnitycapsule}}
===[[Indemnities]] in [[confidentiality agreement]]s===
===[[Indemnities]] in [[confidentiality agreement]]s===
You may conclude, based on the above, than [[indemnity]] is not usually justified in a [[confidentiality agreement]]. This would be a sound conclusion., but it will not stop uppity counterparties insisting on them — fewer things are less well understood than indemnities.
You may conclude, based on the above, than [[indemnity]] is not usually justified in a [[confidentiality agreement]]. This would be a sound conclusion, but it will not stop uppity counsel for [[Disclosing party|disclosing parties]] insisting on them — fewer things in the legal world are worse understood, by lawyers, than [[indemnities]].


It is hard enough to establish ''ordinary'' [[contractual damages]] for breach of a financial markets [[confidentiality agreement]] — there is a reason for that mealy mouthed acknowledgment that “damages may not be an adequate remedy and the {{confiprov|discloser}} may seek equitable relief” — and you may like to challenge your counterparty to give an example of the sort of [[loss]] she thinks should plausibly be covered by an [[indemnity]]. She’ll struggle.
It is hard enough to establish ''ordinary'' [[contractual damages]] for breach of a financial markets [[confidentiality agreement]] — there is a reason for that mealy-mouthed acknowledgment that “[[damages]] may not be an adequate remedy and the {{confiprov|discloser}} may seek [[equitable relief]]” — and you may like to challenge your counterparty to give an example of the sort of [[loss]] {{sex|she}} thinks should plausibly be covered by an [[indemnity]]. She’ll struggle.


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*[[Contractual damages]]
*[[Contractual damages]]
*{{confiprov|Remedies}}
*{{confiprov|Remedies}}
{{ref}}