20th Annual Business Lawyers’ Institute: How to Draft an Indemnification Agreement
Date: Thursday, November 13, 2014
Time: 2:05 – 3:05 PM
Location: The CLE Conference Center (Wanamaker Bldg. Ste. 1010, Philadelphia, PA)
Presented By: The Pennsylvania Bar Institute
Indemnifications can be a valuable tool to shift the risk of loss. They exist in many settings including Landlord/Tenant and General Contractor/Sub Contractor situations. Our experience has been that indemnification agreements do not afford the company the protection they believe they had bargained for. Pennsylvania law has very strict guidelines on the interpretation of these contracts. Guidelines which are often overlooked when they are drafted.
Even well worded indemnification clauses get ignored by parties. This seminar will focus on the technical legal requirements of an indemnification agreement and provide useful tips on how to make them really enforceable.
If you seek to avoid getting trapped in an indemnification obligation, this seminar will be of great benefit.