indemnification News

Chemours Calls DuPont Clean-Up Estimates `Spectacularly’ Off

Chemours Co. claims its former parent DuPont Inc.’s estimates on liabilities the spun-off company should cover were “spectacularly wrong” and wants a judge to block the chemical maker’s requests for “unlimited indemnity.” A Delaware judge on Friday unsealed a lawsuit …

Autonomous Vehicles: Shifting Landscape of Contractual Liabilities Between OEMs and Tech Companies

Times are changing for the automotive industry. The introduction of autonomous vehicles (AVs) is changing the players involved in the development of vehicles. What once was a relationship between automakers and hardware component suppliers, now also includes technology companies. Automakers …

New York Court Reverses Decision in K2 Investment Group

The Court of Appeals of New York recently revisited its decision in K2 Inv. Group, LLC v. American Guar. & Liab. Ins. Co., reversing its prior ruling and finding that an insurer that breaches its duty to defend is not …