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Daily Archives: Wednesday, November 18, 2020

Posted: November 18, 2020

No Entitlement to Indemnification or Advancement In Suit Between Contracting Parties Unless Indemnification Provision Unequivocally Requires It

On November 05, 2020, the First Department issued a decision in Shatz v. Chertok, 2020 NY Slip Op. 06369, holding that there was no entitlement to indemnification or advancement in a suit between contracting parties because the indemnification provision did not unequivocally reflect that intent, explaining: The motion court properly dismissed defendants’ counterclaim for the... Read more »