July 2009
Insurance, Indemnification and the Franchise Relationship: How to Make ‘Belt and Suspenders’ Work for Your BusinessBy Andrew S. Wein
Unless one is aware of the potential pitfalls, even so-called "iron-clad" indemnification clauses or insurance provisions in a franchise agreement can be all for naught. This article discusses the interplay between insurance, indemnification, and the default common-law rules, so that franchisors and franchisees can avoid those dangerous pitfalls.
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