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Up to Speed: Understanding Indemnities

01 July 2013

Indemnities feature in many commercial contracts, but there are a number of common misconceptions about their nature which can lead to surprising outcomes if claims under them are made or challenged. This article answers frequently asked questions, clears up some misunderstandings, and considers how the English courts have interpreted indemnities over the years. It also includes some drafting tips to help ensure the indemnity in your contract provides the protection you expect.

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