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Recent Indemnity questions

I have a contact between a suppler and reseller. The

I have a contact between a suppler and reseller. The supplier (services) wants there to be mutual indemnification. What is the selling point on that for the reseller and why should they sign it with mutual indemnification.JA: What state are you in? It matters because laws vary by location.Customer: Supplier is from Denver, Reseller is in NH. I am the consultant on the deal, in DC which there is no relevance for me.JA: Has anything been filed or reported?Customer: no.JA: Anything else you want the lawyer to know before I connect you?Customer: no I need to justify why this is a good idea for the reseller to sign with mutual indemnification in the agreement

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RayAnswers

Lawyer

Doctoral Degree

40,192 satisfied customers
If I take the offer of buy out for my shares in llc does

If I take the offer of buy out for my shares in llc does this clear me of all debts future and past if it fails

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Lucy, Esq.

Juris Doctor

32,526 satisfied customers
My son may be changing jobs but has a (losely defined)

My son may be changing jobs but has a (losely defined) non-compete in play. The new company says they will indemnify him. But I cannot imagine what this means in this case? Indemnify his attorney's fees? What if he loses what would they do then? What are your thoughts on this? He works in MA. Thanks

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Asad Rahman

Attorney

J.D.

4,378 satisfied customers
We are having an issue with a claim we have with a shipping

Hi there, we are having an issue with a claim we have with a shipping company that damaged our product. We distribute shampoo/conditioner for pets and aobut 3 weeks ago approximately 28 gallons were damaged when the pallet fell 5 feet off the delivery truck. The shipping company wants to pick the damaged product up from us before the claim is settled or paid out. To make matters worse, they have informed us that they want to sell the product they can salvage. However, the product is now contaminated as the seals are broken and plastic bottles punctured, and the manufacturer (we are just the distributor) has advised us that we have to remove liability from us in the event the contaminated product causes a skin irritation, eye infection, etc. fyi - They have informally accepted responsibility as they say their driver was "inexperienced". If you could offer advice on this situation it would be greatly appreciated. The manufacturer is in California but we are in Manitoba, Canada.Sincerely,AshleyLynn Professional ***@******.***Toll Free: 1-***-***-****

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Damien Bosco

Attorney

Doctoral Degree

3,750 satisfied customers
I'm having trouble getting payment from client. I need

I'm having trouble getting payment from client. I need advice on what actions I can take concerning the Intellectual Property of the content and what I can do to seek payments from an unresponsive client that owes money.Detailed explanationI'm a freelance animator in NC and was contracted by another animator who lives in Illinois to make 3D models for a product that a large company sells. Me and him have worked on projects before and he's very forgetful about payments, but this is the first time I've had troubles like this with him.The company that hired him is now using my 3D models on tv, their website, and other products to promote their brand. Meanwhile, it's been almost 5 months since I sent out my invoice for the project and after months of asking where the payment is and the animator who hired me tells me last month he already spent the money he was paid from the large company and he doesn't know when he can get me the money. So naturally I'm pretty ticked off about the situation and want a way to get my money as soon as possible, which means I want to light a fire under this guy's ass until he gives me what is owed.Can I contact the large company that is using my IP and say "hey, you can't use my IP unless I say so, because I haven't been paid. I can sue"? Can I take the animator to court for the unpaid total? It's roughly $5k.Thanks,Daniel

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Damien Bosco

Attorney

Doctoral Degree

3,750 satisfied customers
Business litigator: is there any downside to permitting a

Business litigator: is there any downside to permitting a partner in an LLC to withdraw (permitted at any time by Op Agree with remaining partner's consent) other than losing any right to sue for future acts? Does the remaining partner lose indemnification provided for in a settlement agreement by not standing in the way of the partner withdrawing? What other disadvantages of the partner withdrawing might there be? In this case, the remaining partner is more interested in past acts and wants the partner out of the business to end its access to contracted services, clients and company assets that have been interfered with and damaged by the offending partner's wrongful acts. The remaining partner feels that this overrides any right or other item that might be lost if the offending partner withdraws but before taking a position on that, I want to ensure that I understand the disadvantages to the company and remaining partner of the offending partner's withdrawal.

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Richard - Bizlaw

Juris Doctor

10,838 satisfied customers
I own a roofing company and now because its getting busier I

I own a roofing company and now because its getting busier I have to subcontract work to other companies, What are the best types of agreements and waivers to have with the subcontractors to limit my liability for their employees getting hurt, work compensation claims or unemployment claims or claims for poor workmanship ect

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

114,152 satisfied customers
As a subcontractor, what purpose would naming the company I

As a subcontractor, what purpose would naming the company I am doing work for as the lienholder...?Is this a typical request?

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TJ, Esq.

Juris Doctor (JD)

11,618 satisfied customers
My partner in our LLC has embezzled funds (taken ATM

My partner in our LLC has embezzled funds (taken ATM withdrawals to use for gambling) for 5 years. How do I handle this? I am not interested in pressing criminal charges but I also want to eliminate any negative tax consequences on me.JA: Can you tell me what state the LLC is registered in?Customer: MDJA: Have you talked to a lawyer yet?Customer: briefly but they weren't much help. They said there is a challenge when it is a partner since they have some "rights" to the funds. What about fiduciary responsibility etc?JA: Anything else you think the lawyer should know?Customer: We are planning on having her sign off of the corporation immediately.JA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Corporate Lawyer about your situation and then connect you two.

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legalg

Juris Doctorate

16,104 satisfied customers
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