Recorded Webinar: Contractual Risk Allocation Tools: Drafting Guarantees and Indemnities
Date/Time
About the Webinar
Accepting liability, even of a limited nature, under a contract brings with it potentially onerous consequences and, as a result, precise and thorough drafting of such clauses is essential. This session provides a deep-dive into the drafting of guarantees and indemnities and associated guidance practitioners need to provide their clients, including:
- Guarantees and indemnities as risk allocation tools
- The characteristics of a guarantee and appropriate circumstances to provide one
- Essential features of a guarantee, including:
- default trigger and process
- guarantor’s obligations
- Legal requirements for enforceable guarantees
- Lessons from litigation
- When to include an indemnity in a contract – assessing potential loss or damage and risk allocation
- Key indemnity drafting considerations including:
- types of indemnities
- nature and extent of potential loss
- mitigation obligations
- the availability of common law remedies
- the impact of insurance
- Negotiating indemnities and relationship management
- Relevant cases and examples
Presented By
Alicia Hill
Principal - Accredited Commercial Litigation Specialist, MST Lawyers Melbourne, Vic.Who Should Attend?
This webinar is suitable for lawyers practising in commercial law – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.
CPD Information
Lawyers can claim up to 1 CPD unit/point – substantive law . This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion.
WA lawyers – From 1/4/2021, due to changes to your CPD requirements we are unable to verify your completion of recorded webinars to the Legal Practice Board of WA.
Enquiries/Assistance
If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]