Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Contractual indemnification arises in products liability litigation in many contexts other than insurance contracts. Agreements between companies and agreements between product manufacturers and physicians and pharmacies are among the most commonly encountered indemnifications in drug and device product liability litigation. Each situation raises practical concerns for counsel representing a pharmaceutical or device manufacturer. How the indemnification provisions are drafted can be important to the client's bottom line and ability to manage litigation. This article discusses some of the practical and litigation strategy considerations that can arise when contemplating entering an agreement for indemnification.
Agreements Between Pharmaceutical Drug and Device Makers
Indemnification agreements between drug and device makers are no longer a rarity. Co-promotion agreements, licensing and marketing agreements, supply agreements, component parts agreements, intellectual property rights agreements and sales of product lines from one company to another all can raise issues in personal injury product liability litigation. When drafting such agreements, it is easy to use standard boilerplate indemnification language from form agreements, but doing so without regard to whether the form fits all potential circumstances can cause major headaches in the event of third-party litigation involving the products at issue. Practical considerations should play a role in how the indemnification is drafted, and it is important to remember that with respect to indemnification, one size really does not fit all. Unless the indemnification agreement is tailored to eliminate future points of discord or uncertainty, the parties may find themselves in extensive negotiations or even litigation between themselves when a product liability lawsuit is filed. The following factors should be considered when drafting an indemnification agreement between a drug and device manufacturer.
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
In 1987, a unanimous Court of Appeals reaffirmed the vitality of the "stranger to the deed" rule, which holds that if a grantor executes a deed to a grantee purporting to create an easement in a third party, the easement is invalid. Daniello v. Wagner, decided by the Second Department on November 29th, makes it clear that not all grantors (or their lawyers) have received the Court of Appeals' message, suggesting that the rule needs re-examination.
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.