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- Shippers Seek Indemnity Clauses To Avoid Liability, Lawyer Says
- BROOMFIELD, Colo. - Fleet managers should be wary of indemnification clauses that shippers are seeking to insert into contracts to hold themselves harmless from legal liability, a veteran industry lawyer said.Speaking to the National Accounting & Finance Council of American Trucking Associations, Washington, D.C. -based attorney Kenneth Siegel said he...
- Research articles 2007-09-03
- The Statute of Limitations for Indemnification When No Charges are Filed: How Soon is a Director Required to Make a Claim?
- I. INTRODUCTION...................................................................................................... 1036II. BACKGROUND ....................................................................................................... 1036A. Indemnification.............................................................................................. 10361. Definition.................................................................................................. 10362. History of Indemnif
- Research articles 2006-07-01
- Arrow Electronics Year-over-Year Net Income Grows 43%; First Quarter EPS 13% Ahead of Consensus
- MELVILLE, N.Y. -- Arrow Electronics, Inc. (NYSE:ARW) today reported first quarter 2006 net income of $81.6 million ($.68 and $.66 per share on a basic and diluted basis, respectively) on sales of $3.19 billion, compared with net income of $57.2 million ($.49 and $.47 per share on a basic and...
- Research articles 2006-04-20
- AICPA proposes guidance on CPA indemnification
- The AICPA's Professional Ethics Executive Committee has issued an exposure draft of a proposed new interpretation that warns CPAs they should follow the requirements of governmental bodies, commissions or other regulatory agencies on indemnification and limitation of liability agreements with clients.
- Research articles 2008-01-01
- Hollinger Inc.: Release Of Alternative Financial Information.
- TORONTO, ONTARIO, Mar 4, 2005 CCNMatthews via COMTEX Hollinger Inc. ("Hollinger") (TSX:HLG.C)(TSX:HLG.PR.B) today released financial information in the form of an unaudited consolidated balance sheet as at September 30, 2004, together with notes thereto, prepared on an alternative basis, as described below (the ...
- Research articles 2005-03-05
- Hollinger Inc.: Release Of Alternative Financial Information
- TORONTO -- Hollinger Inc. ("Hollinger") (TSX:HLG.C)(TSX:HLG.PR.B) today released financial information in the form of an unaudited consolidated balance sheet as at September 30, 2004, together with notes thereto, prepared on an alternative basis, as described below (the "Alternative Financial Information"). The Alternative Financial Information was prepared...
- Research articles 2005-03-05
- Technological Innovations Means Growth in Global Market for Chemical and Biological Detection Equipment
- PALO ALTO, Calif. -- Since the September 11 terrorist attacks, the demand for chemical and biological detection equipment has been growing rapidly. This trend is likely to continue until 2010 if participants can overcome challenges to the market, which includes a high rate of false positives. These false alarms reduce...
- Research articles 2004-09-21
- State rolls out $1.5 million in indemnification funds for poultry producers impacted by Avian Influenza.
- M2 PRESSWIRE-21 October 2003-Virginia Department of Agriculture and Consumer Services: State rolls out $1.5 million in indemnification funds for poultry producers impacted by Avian InfluenzaC1994-2003 M2 COMMUNICATIONS LTD RDATE:10202003 RICHMOND - Governor Mark R. Warner today announced that the Virginia...
- Research articles 2003-10-21
- Indemnification Becomes Open Source's Nightmare and Microsoft's Blessing, Says Yankee Group
- BOSTON -- Corporations should view indemnification the same way consumers view their automobile or homeowner's insurance policy
- Research articles 2004-12-13
- The scope of bar orders in federal securities fraud settlements.
- INTRODUCTION Parties entering into a partial settlement (1) of a securities fraud class action typically seek, in connection with the court's approval of the settlement, (2) an order barring categories of claims made by or against the settling parties that relate to or arise...
- Research articles 2002-10-01
- Nuinsco and Cambior Terminate Cameron Lake Agreement
- TORONTO--BUSINESS WIRE--Jan. 10, 1997--NUINSCO (TSE:NWI.) Nuinsco Resources Limited today announced that the Company and Cambior Inc., have agreed to terminate the working understanding between them covering Nuinsco's Cameron Lake gold deposit in northwestern Ontario. Cambior forfeits its option and shall hold no interest in the property and is not...
- Research articles 1997-01-10
- Don't assume D&O policy covers individuals' defense expenses.(directors and officers liability)
- Byline: William A. Boeck In the wake of the scandals involving Enron, WorldCom and other companies, circumstances combined to energize law enforcement agencies' investigation and prosecution of corporate fraud and mismanagement. New legislation, a Byline: William A. Boeck In the...
- Research articles 2006-11-06
- Brazil: Bombardier claims US$6.7bil.
- Bombardier's claim to receive US$6.7bil indemnification from the Brazilian aircraft producer Embraer as indemnification for subsidies granted by the Brazilian government to the company was considered a figure of rhetoric by Embraer's president M Bombardier's claim to receive US$6.7bil indemnification from...
- Research articles 1999-11-29
- Brazil: Embraer sets up a plant.
- The Brazilian government plans to increase the acquisition of products from Bombardier Canada as indemnification for subsidies granted by the programme Proex (Programa de Incentivo as Exporta=E7=F5es) to the domestic aircrafts producer Embraer. Bom The Brazilian government plans to increase the acquisition of products from...
- Research articles 2000-06-29
- Indemnification And Insurance For Directors And Officers Of Public Companies
- A recent Act attempts to provide corporate reforms by imposing new accounting requirements and penalties for violating securities laws. These rules govern the public companies. The Act requires that companies encourage employees to come forward with information regarding potential corporate fraud. The Act also calls for providing indemnification and insurance...
- White papers 2003-01-01
- When a Deal Isn't a Deal
- This article is about the defense contracts and defines the disputes in contracts. With the nation on the brink of war with Iraq, the federal government no doubt will enlist the support of private defense contractors to help prepare the nation for war. In the past, defense contractors often received...
- White papers 2003-02-17
- Case Study on Indemnification
- Most outsourcing contracts include indemnification provisions. In drafting such provisions, as well as in following the procedures to make a claim for indemnification, the party who is likely to make the claim for indemnification should learn the lessons of others. Read the case study ahead to know details on indemnification....
- Case studies 2003-01-01
Additional Resources
- Indemnification of Financial Advisers for Ordinary Negligence
- In a decision indicative of an emerging trend among courts assessing the propriety of indemnifying professionals retained during the course of a Chapter 11 case, the U.S. Court of Appeals for the Third Circuit. It focuses on the retention of professionals in bankruptcy and states that bankruptcy trustees, Chapter 11...
- White papers 2003-01-30
- Microsoft serves up IP protection for embedded world: offers patent infringement indemnification to mobile-device makers.(Intellectual property)
- In a move aimed at providing a "security blanket" for developers of embedded systems, Microsoft Corp. announced recently it would offer intellectual property indemnification to users of Windows Embedded and Windows Mobile software. In a move aimed at providing a "security blanket"...
- Research articles 2006-04-10
- Emerging Issue - The Effects on Independence of Indemnification, Limitation of Liability, and Other Litigation-Related Clauses in Audit Engagement Letters
- The Standing Advisory Group ("SAG") will describe the possible effects of the inclusion of indemnification, limitation of liability, and other litigation-related clauses (collectively referred to as "Litigation-related clauses") in audit engagement letters. The paper will focus on how these clauses relate to the independence and objectivity of the auditor. This...
- White papers 2006-02-09
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