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Importance of Indemnity Clause in a Contract

Importance of Indemnity Clause in a Contract

Introduction According to the Cambridge English Dictionary, indemnity is the “protection against possible damage or loss, especially a promise of payment, or the money paid if there is such damage or loss.” An indemnity can be referred to as a promise by one party ensuring the other party, compensation for the loss suffered as a consequence of an event specified in the contract, called the ”trigger(ing) […]

What is a Relinquishment Deed?

What is a Relinquishment Deed?

Overview: In many cases, a person dies intestate, (without making a will or testamentary will) in such cases his/her legal heirs inherit the property. It is then up to the heirs as what to do with their share in the said property. If the heir’s concluded separation of property, then anyone of the co-owner can […]

Injunction

Injunction

Overview An injunction is a process whereby a party is required to do, or refrain from doing, any particular act. It is a remedy in the form of an order of the court addressed to a particular person that either prohibits him from doing or continuing to do a particular act. An Injunction is not […]


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