"Will Wisconsin Courts Interpret Indemnity Agreements and Additional-Insured Endorsements Differently in Light of Deepwater Horizon?"

Article

Below is an excerpt:

Two primary mechanisms for allocating risk in any business transaction are the indemnity agreements and additional-insured insured requirements contained in an underlying commercial contract. These agreements may trigger a third mechanism - the additional-insured endorsement. This trifecta is endemic to construction, real estate, manufacturing, distribution, engineering, and other enterprises where business relationships necessarily create potential liability to third parties. The indemnity agreement, additional-insured requirement, and additional-insured endorsement, often used in tandem and often designed to protect one of the parties to the contract, each provide a separate avenue for contracting parties to protect themselves and recoup losses sustained in the course of their business relationships.

Originally published in Wisconsin Civil Trial Journal, Summer 2015

Follow Quarles

Subscribe Media Contact
Back to Main Content

We use cookies to provide you with the best user experience on our website and to analyze statistics related to our website. To understand more about how we use cookies, or for instructions to change your preference and browser settings, please see our Privacy Notice. Please note that if you choose to reject cookies, doing so may impair some of our website's functionality.