Contractual Risk Allocation and Indemnity Clauses in Commercial Contracts
Indemnity clauses serve a vital function when it comes to controlling the risks affiliated with business matters by defending you against the consequences of a contractual oversight, an act, or another person’s neglect.
The natural inclination is to find an indemnity that will defend a person to the highest possible degree against liabilities that are the result of someone else’s actions.
Caution needs to be…