Tag Archives: supply agreements

The Art of Holding Harmless: Indemnification Provisions in Supply Agreements and How They Differ from Warranty

agreement
According to Black’s Law Dictionary (10th ed. 2014), indemnity is a “duty to make good any loss, damage, or liability incurred by another.”  At its core, an indemnification is a promise to reimburse a person for a loss incurred by that person.  Often, the obligation to indemnify is limited to third party claims.  Further, there … Continue reading this entry

2014: An Exciting and Challenging Time for American Manufacturing

2014, the Manufacturing Industry Advisor’s inaugural year, marked an exciting but challenging time for American manufacturers. In our final blog post for the year, we will highlight some of the trends and developments we noted in 2014, with links to our earlier observations. Here, at Foley & Lardner, we aim to do more than monitor … Continue reading this entry