The Knock-for-Knock Principle under Danish Law - Sandroos ...

The Contractual Solution• Regulation of liability separated from traditional law of torts• Liability distributed to where the damage/loss occurs – who hassuffered the loss• Holds the other party harmless from claims from third parties• Irrespective of how arisen, negligence, by whome, and (principally)what the loss amounts to• An agreed channelling of liability with financing of loss viainsurance• Time-saving• Avoids litigation• Predictable• Issues to consider• Protected interests• Peoply, Property, ”Work”/”Permanent Work”• Third-party liability• Other assets/interests to be covered• Time, Geography, Exclusions, Other issuesKnock-for-knockdirectsmanagementattention to thecritical path01/12/2010 SANDROOS 5