Knock-for-Knock Indemnities and the Law - Contractual Limitation and Delictual Liability (Hardcover)

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.

General

Imprint:	Taylor & Francis
Country of origin:	United Kingdom
Series:	Contemporary Commercial Law
Release date:	February 2023
First published:	2023
Editors:	Kristoffer Svendsen • Endre Stavang • Greg Gordon
Dimensions:	246 x 174mm (L x W)
Format:	Hardcover
Pages:	320
ISBN-13:	978-1-03-207408-5
Categories:	Books > Law > Jurisprudence & general issues > General Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Commercial law Books > Law > Laws of other jurisdictions & general law > Private, property, family law > Contract law Promotions
LSN:	1-03-207408-6
Barcode:	9781032074085

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