Questions and Professional Answers
Questions and Professional Answers
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contract of indemnity
can a party invoke indemnity clause on demand-
Re: contract of indemnity
yes
G. M. Gupta
gmguptaandassociates
61, paschim vihar extn
New Delhi, NUS 110063 -
Re: contract of indemnity
yes you can.if you need further information, please feel free to contact me.
jeffrey lazroe
Jeffrey A. Lazroe attorney at law
410 Main Street
Buffalo, NY 14202 -
Re: contract of indemnity
Yes
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
3,Ramchandra Smruti, Bhaskar Colony, S.V Rd, Naupada,
Thane(w), NUS 400602 -
Re: contract of indemnity
Yes it can be revoked.
Homi Maratha
N.N. Maratha & Co.-Advocates
Ahmedabad, NUS 380015
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Indemnity Bond
Before death First Holder of the Flat had already Nominated 4 Nominees by submitting Form No. 14 for Nomination. 1. Now,after his death, do the nominees required to file ''Indemnity Bond'' to claim deceased person's share in the Flat property ? 2. From where to get the said ''Indemnity Bond'' ? 3. Do the same reqd. to be notarised or submitted on stamp paper ? If yes of what amt.of stamp. ?-
Re: Indemnity Bond
Kindly check with secretary of the society for the formalities to be completed. I believe that you must be aware that nominee is merely a trustee of heirs of the deceased. As such, question of share of nominee in the estate of deceased does not arise. In Maharashtra State, stamp duty for Indemnity Bond is Rs.200/-. Proforma of Indemnity Bond will be available with the secretary of the Society.
Shrichand Nahar
S.V.Nahar, Advocate
Pune, NUS 411004
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lease and indemnity agreements
if a lease contract is rescinded due to fraud in the inducement, is an underlying indemnity agreement indemnifying an innocent third party also rescinded?-
Re: lease and indemnity agreements
Everything in the contract is nullified
Gass Timothy
Gass Law Office
733 N. 7th Street
Boise, ID 83702
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Indemnity Clause
What is the need for an indemnity clause in a Share Purchase agreement when a clause for for breach is already exists.-
Re: Indemnity Clause
that depends on need for that ... a lot of things are finalised between parties so all things depends on ur terms and conditions.
G. M. Gupta
gmguptaandassociates
61, paschim vihar extn
New Delhi, NUS 110063 -
Re: Indemnity Clause
Depends on terms and conditions
Aniruddha Pawse
Aniruddha.P.Pawse Advocates
3,Ramchandra Smruti, Bhaskar Colony, S.V Rd, Naupada,
Thane(w), NUS 400602
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portfolio indemnity in Austrian law
To whom it may concern,I have been doing an investigation regarding the portfolio indemnity when a distributionship agreemnet has been terminated. Is it possible in Austrian Law and could you please inform me that how I can find the English version of Austrian Commercial Code?Thank you for your helpKind Regards-
Re: portfolio indemnity in Austrian law
Dear Sirs, We are specializing in Turkish Law. We recommend you to address your question to any Austrian law office. Yours Faithfully,
Gursel Ongoren
ONGOREN LAW OFFICE
Mesrutiyet Cad. Ersoy Han No.102/11-12 K: 5 Sishane Beyoğlu
Istanbul, NUS TR-34420
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Release and Indemnity Agreement
I was involved in a MVA 8 months ago. The other driver ran a stop light and hit my car. They were given a citation for the accident and admitted fault. There insurance company has accepted totally fault and liability for the accident including medical expenses. My car was totaled and I have already been compensated for that. I have also reached the point where I am satisfied with the offer from the insurance company to settle medical claims and pain and suffering. When I received the Release and Indemnity Agreement from the Insurance company there were some paragraphs and statements that I was not comfortable with. One of the paragraphs were stated as if I was releasing the driver and the insured from any liability as well as any fault in the accident.1. What can I do if I am not satisfied with the Indemnity Agreement? How should I approach the legal department of the insurance company to change the verbage in the agreement?I would post the Indemnity Agreement, but that exceeds the 1250 limit.-
Re: Release and Indemnity Agreement
It is standard practice to sign a general release releasing the offender when settleing a claim so that you cannot start the matter again.
David Slater
David P. Slater, Esq.
5154 Windsor Parke Dr.
Boca Raton, FL 33496
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Professional Indemnity insurance Cover between USA and UK
A global company has its Headquarters in the USA. It has satellite offices in (say) Europe. The company has professional indemnity insurance cover, which would be adjudicated in the USA courts if there were any dispute. The UK office has clients who would not wish to go through the US courts, but would want to go through the UK courts if a dispute arose. Can disputes (if any) for UK clients be allowed to go through UK courts WITHOUT the need to set up separate indemnity insurance cover IN the UK (and thereby paying a separate premium)?All replies appreciated.-
Re: Professional Indemnity insurance Cover between USA and UK
From what you have said, it doesn't sound like you really have a problem. The insurance contract requires disputes between the company and the insurer to be litigated in the U.S., but says nothing about where disputes between the clients and the company are to be resolved. Thus, if a British client wants to sue the company in London, the insurance agreement will not prevent such a suit. If the defense of the suit is tendered to the insurer and it agrees the matter is covered, it will pay to defend the suit in London. However, if the company tenders defense of the suit to the insurer and the insurer denies coverage, the company could only sue the insurer here in the U.S.Of course, the insurance contract itself is the best source of answers to this question, but I would be VERY surprised if the contract purports to require suits between the company and its European clients to be litigated here in the United States.
Edward Hoffman
Law Offices of Edward A. Hoffman
6171 West Century Boulevard, Suite 200
Los Angeles, CA 90045 -
Re: Professional Indemnity insurance Cover between USA and UK
The term to which you refer relates to where disputes between insured and insurer are to be litigated. Another clause in the policy will specify the territorial coverage. This is what you should be concerned about. Depending on the type of policy, it should be possible to buy global coverage, but it may be cheaper to get separate policies.
Daniel Press
Chung & Press, P.C.
6718 Whittier Ave., Suite 200
Mclean, VA 22101
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Assignment, assumption and indemnity agreement
I have a loan in my name as purchaser that an investment group (assignee) is taking over with an assigment, assumption and indemnity agreement. What is my liability if they default on the loan?-
Re: Assignment, assumption and indemnity agreement
You're toast, unless you can get the lender to release you from liability - which is unlikely.
Cheryl Rivera Smith
The Smith Law Firm
11660 Creek Point Drive
Frisco, TX 75035-8278
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penalty for stopping ttd pyments, and retroactive indemnity payment
insurance co stopped ttd payments 7 mos. after surgery, 53 wks later made permenant and stationary by AME, 2nd visit to same AME stated I was ttd prior and up to first visit. requested retroactive indemnity payment, what is the time by law they have before they are to respond, and are there penalties for their action, need to know where to find the appropriate laws before requesting deposition -
Security Deposit vs. Indemnity Deposity
When I moved into my townhouse, instead of calling the deposit a ''security deposit'', they called it an ''indemnity deposit''.Does the change in wording excuse them from following the legal guidelines for security deposits when we move.i.e. The return of the interest along with the deposit.-
Re: Security Deposit vs. Indemnity Deposity
No.
Nicholas Chrisos
Nicholas G. Chrisos Attorney at Law
5 E. College Dr. Suite 112
Arlington Heights, IL 60004
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