party would provide disclosure based upon the applicable accounting model for the indemnification.
In addition, Bata was prohibited from indemnifying
The coverage is triggered when the organization is prevented by law from indemnifying
its directors, when it fails or refuses to indemnify the directors even if permitted to do so, or when the organization files for bankruptcy and is financially unable to indemnify its directors.
The coverage is triggered when a company is prevented by law from indemnifying
its directors, fails or refuses to do so, or is unable to indemnify because it has Filed for bankruptcy.
Between the extremes of the owner indemnifying
the manager for everything, except to the extent caused by the manager's gross negligence or willful misconduct, or the extraordinarily unfavorable formulation of the manager indemnifying
the owner for everything except to the extent caused by the owner's actions, there are a number of compromise positions.
DYFED?POWYS Police has con-firmed it is liaising with the Crown Prosecution Service and another force over an auditor's finding that Carmarthenshire County Council acted unlawfully in awarding "pay supplements" to its chief executive and in indemnifying
his legal costs in a libel action.
The coping mechanism of a number of large accounting firms is to push their mutual clients toward indemnifying
Second, Section 533 does not bar an insurer from indemnifying
a policyholder who is vicariously liable for the willful act of another.