Loss Prevention Loss Prevention Alerts

LPA 30 – The problems with indemnities

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Published in January 2005. This LPA has been updated to LPA 72, which can be downloaded here.

This LPA sets out some of the issues that arise when indemnities appear in appointments or collateral warranties, some of the ways clients and their agents seek to persuade members to sign up to indemnities and the arguments that might be adopted to resist any pressure brought to bear during negotiations.