Indemnification of Insiders' Litigation Expenses

Legal expenses insurance , risk aversion and litigation ∗

The risks involved in litigation are well documented; they include the risk of incurring legal expenses. While much literature focuses on contingent fees as a mechanism for litigants to shift this risk, there is little work on legal expenses insurance—the dominant means of shifting this risk in Europe. In our model, a risk averse plaintiff may purchase legal expenses insurance. The defendant ma...

Drafting Indemnification Clauses

A typical indemnification clause requires the indemnitor to “indemnify and hold the indemnitee harmless.” It might also require the indemnitor to “defend” the indemnitee. While most legal authorities agree that the obligation to defend is different from the obligations to indemnify and hold harmless, many regard the promises to indemnify and hold harmless as synonymous, suggesting that either b...

Theories of Asbestos Litigation Costs Why Two Decades of Procedural Reform Have Failed to Reduce Claimants’ Expenses

Running Head: LANGUAGE OF INSIDERS

The act of conducting an insider attack carries with it cognitive and social challenges that may affect an offender’s day-to-day work behavior. We test this hypothesis by examining the language used in emails that were sent as part of a 6-hour workplace simulation. The simulation involved participants (N=54) examining databases and exchanging information as part of a four-stage organized crime ...

Part 36—indemnification of Hhs Employees

(1) A new precedent or a new point of law is involved; or (2) A question of policy is or may be involved; or (3) The United States is or may be entitled to indemnity or contribution from a third party and the Department is unable to adjust the third party claim; or (4) The compromise of a particular claim, as a practical matter, will or may control the disposition of a related claim in which th...