Five Questions to Ask for Improving Contractual Indemnification Provisions
Indemnification is a valuable opportunity for contracting parties to specify who bears what risk, to what extent, and in what manner. Far from boilerplate to be plugged into a contract without thought, indemnification provisions can and should help advance the business purposes of the contract by specifying how the parties will manage certain problems that may arise. This white paper reviews five questions to ask to improve indemnification provisions.
Agenda
Faculty
Kenneth M. Gorenberg
Barnes & Thornburg LLP
- Partner in the Chicago office of Barnes & Thornburg LLP
- Practice emphasizes all aspects of insurance coverage for corporate policyholders, including litigating insurance disputes, collaborating with brokers and risk managers during policy procurement, assisting with due diligence and drafting of risk allocation provisions in transactional contracts, and litigating indemnification disputes
- Practice also includes commercial litigation, product liability, and toxic tort defense.
- Practices nationally and has won trials and appeals in state and federal courts across the country
- Conducts regular seminars and workshops on numerous insurance coverage issues, including limitation of liability, indemnification, and insurance provisions in business contracts
- Author of several publications related to the areas of insurance coverage, toxic tort litigation, and commercial litigation
- Fellow of American College of Coverage Counsel; member of American Bar Association; member of Defense Research Institute
- J.D. degree, University of Chicago Law School; B.A. degree, cum laude, University of Pennsylvania
- Can be contacted at [email protected] or 312-214-5609
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