Knock-for-Knock Indemnities and the Law : Contractual Limitation and Delictual Liability PDF
Edited by Kristoffer Svendsen, Endre Stavang, Greg Gordon
Part of the Contemporary Commercial Law series
Description
This book examines contractual limitation, principles and practice through the use of knock-for-knock indemnity clauses. In using such clauses, the parties agree that for certain forms of potential liability - typically property damage, personal injury to employees, and sometimes other heads of claim such as consequential loss - any loss arising will be absorbed by the party who suffers it: "you look after your losses, I'll look after mine." It is an apparently simple, pragmatic and neat solution to the question of who bears liability: a risk allocation model so straightforward that it was described by one experienced English judge, Honorable Mr. Justice Morison, as "crude".
A specialist contributor team of international experts, examine the origin, application and effect of these clauses in important jurisdictions, their impact in different industries such as oil & gas, shipping, construction and insurance, through the lenses of both economic and legal analyses.
The book is of use for lawyers, economists and businesspeople who draft, negotiates or manage contracts in all industries where liability is dealt with in this way. It is also of interest to students, academics, and policy makers.
Information
-
Download - Immediately Available
- Format:PDF
- Pages:336 pages
- Publisher:Taylor & Francis
- Publication Date:15/03/2023
- Category:
- ISBN:9781000834017
Information
-
Download - Immediately Available
- Format:PDF
- Pages:336 pages
- Publisher:Taylor & Francis
- Publication Date:15/03/2023
- Category:
- ISBN:9781000834017
