Three of our recent articles addressed allocating risk with business contracts. In this one, we expand on our earlier articles by focusing on techniques experienced business attorneys use to write better indemnification clauses.
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Indemnification clauses are essential elements of business contracts that allow the parties to allocate responsibility for specific losses or claims. For Indiana businesses, understanding how indemnity works under Indiana law is vital for managing risks and reducing liability exposure.
This
In our last article, we explored key risk allocation clauses business attorneys use in contracts, including indemnification, liability caps, waiver of consequential damages, and termination provisions. These foundational concepts highlight the importance of clear drafting and strategic negotiation in managing
Effective risk allocation is essential in contract law, allowing parties to address potential liabilities and manage their exposure predictably. Business lawyers must draft risk allocation clauses carefully to ensure clarity, foster collaboration, and protect financial interests. This article explores the
Buying a small business in Indiana is an exciting venture that can set you on the path to success. One critical decision stands between you and your dream: Should you buy the company itself or just its assets? Let’s explore
The concept of the right of publicity, sometimes referred to as “name, image, and likeness” (NIL) rights, particularly as they apply to National Collegiate Athletic Association (NCAA) student-athletes, has gained significant attention in recent years, especially with the rise of
What’s in a name? That which we call a rose By any other name would smell as sweet.
William Shakespeare, Romeo and Juliet, Act II, Scene II
Shakespeare may have been right about flowers, but about companies…not so much. Choosing
We have written previously about the effects that ongoing litigation in Texas Top Cop Shop, Inc. v. Garland, has had on the reporting requirements established by the Corporate Transparency Act. For more information on the CTA and Beneficial Ownership
If you’ve ever witnessed or participated in the thrilling—but dangerous—act of “cutting donuts,” you may want to think twice. Indiana’s Senate Bill 13 (SB 13) specifically targets this behavior, making it clear that reckless driving in the form of rotational
