Negotiating Indemnity Clauses - Stewart McKelvey
Negotiating Indemnity Clauses - Stewart McKelvey
Negotiating Indemnity Clauses - Stewart McKelvey
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NEGOTIATING INDEMNITY<br />
CLAUSES<br />
Bulletproof Protection<br />
• Owner Wants:<br />
• Unqualified representations and warranties<br />
• Limited exceptions to indemnification<br />
• Lengthy survival periods<br />
• No "anti-sandbagging" g provisions<br />
• Expanded remedies beyond indemnification<br />
• Unfettered discretion to deal with third party claims<br />
68 2013 Construction Seminar<br />
© 2013 <strong>Stewart</strong> <strong>McKelvey</strong> all rights reserved