LETTER TO EARL BLUMENAUER RE: INDEMNIFICATION AGREEMENTSIndemnification Agreements • May 2nd, 2023
Now that Earl Blumenauer has exposed the craven indemnification agreement the US government under the Bush/Cheney Administration gave to Halliburton/KBR, he should pursue the same types of agreements secretly given to telcom companies participating in the illegal wiretapping program.
Suire v. Lafayette City-Parish Consolidated Government, et alIndemnification Agreements • March 12th, 2021
The plaintiff sued the City of Lafayette and its contractor alleging that construction of a drainage ditch (i.e. driving metal sheets that were used to create a box culvert into the ground near the plaintiff’s home) caused damage to the home’s foundation. The plaintiff asserted claims for negligence, strict liability1 and absolute liability. Under Louisiana law (Civil Code 667), a person can be found liable for certain conduct (pile driving and blasting with explosives) regardless of knowledge or whether reasonable care was exercised.
TRANSACTIONS WITH RELATED PERSONSIndemnification Agreements • June 21st, 2012
The Company has entered into indemnification agreements with its executive officers, directors and certain significant employees containing provisions that are in some respects broader than the specific indemnification provisions contained in the General Corporation Law of the State of Delaware. These agreements provide, among other things, for indemnification of the executive officers, directors and certain significant employees in proceedings brought by third parties and in stockholder derivative suits. Each agreement also provides for advancement of expenses to the indemnified party.
