Browsing by Subject Indemnity against liability

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  • TVS.003948_TT_(Contemporary Commercial Law) Kristoffer Svendsen, Endre Stavang, Greg Gordon - Knock-for-Knock Indemnities and the Law_ Contractual Lim.pdf.jpg
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  • Authors: Svendsen, Kristoffer (2023)

  • This book examines contractual limitation, principles and practice through the use of knock-for-knock indemnity clauses. In using such clauses, the parties agree that for certain forms of potential liability - typically property damage, personal injury to employees, and sometimes other heads of claim such as consequential loss - any loss arising will be absorbed by the party who suffers it: "you look after your losses, I'll look after mine." It is an apparently simple, pragmatic and neat solution to the question of who bears liability: a risk allocation m