When a construction dispute arises, one question almost always comes to the forefront: who ultimately bears the financial risk if something goes wrong? For owners, contractors, and subcontractors alike, the answer often turns on a single contractual provision: indemnification.
Indemnification Clauses In Construction Contracts: Who Is Liable When Something Goes Wrong?
When a construction dispute arises, one question almost always comes to the forefront: who ultimately bears the financial risk if something goes wrong? For owners, contractors, and subcontractors alike, the answer often turns on a single contractual provision: indemnification. This article examines the principal types of indemnification clauses, the duties they create and how courts interpret them.
By
Veronica Morrison and Colin Butler
This premium content is locked for New York Real Estate Law Reporter subscribers only
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN New York Real Estate Law Reporter
- Stay current on the latest information, rulings, regulations, and trends
- Includes practical, must-have information on copyrights, royalties, AI, and more
- Tap into expert guidance from top entertainment lawyers and experts
Already have an account? Sign In Now
For enterprise-wide or corporate access, please contact Customer Service at [email protected] or call 1-877-256-2473.
