Many companies rely on indemnification and additional insured provisions in their contracts for protection against losses arising from a contractual relationship.
Yesterday, the Oregon Court of Appeals wisely decided that, at times, it’s best not to even try to count the angels sitting on the head of a pin.
A case just decided by a New York intermediate appellate court highlights the confusion a casual (or even a seasoned) observer often faces when trying to determine if a provision in a reinsurance contract is a follow-the-fortunes provision, a follow-the-settlements provision or a following form provision.
The industry-funded Task Force on Shale Gas has called for an overhaul of regulations affecting the nascent fracking (hydraulic fracturing) industry in the UK in its First Interim Report, published on 25 March 2015.
In a March 24, 2015 opinion in Omnicare, Inc. v. Laborers District Council Construction Industry Pension Fund (here), the U.S. Supreme Court set aside the Sixth Circuit’s ruling that allegations of “objective falsity” were sufficient to make a statement of opinion in securities offering documents actionable.