Knock-for-Knock Indemnities and the Law

Contractual Limitation and Delictual Liability

Kristoffer Svendsen, Endre Stavang, Greg Gordon, Kristoffer Svendsen, Endre Stavang, Greg Gordon

• Publisher: Informa Law from Routledge
• Year: 2023
• Print ISBN: 9781032074085
• eBook ISBN: 9781000834031
• Edition: 1
• Topic: Law
• Subtopic: Business Law
• Index: Law

This book examines contractual limitation, principles and practice through the use of knock-for-knock indemnity clauses. In using such clauses, the parties agree that for certain forms of potential liability – typically property damage, personal injury to employees, and sometimes other heads of claim such as consequential loss – any loss arising will be absorbed by the party who suffers it: "you look after your losses, I'll look after mine." It is an apparently simple, pragmatic and neat solution to the question of who bears liability: a risk allocation model so straightforward that it was described by one experienced English judge, Honorable Mr. Justice Morison, as "crude".

A specialist contributor team of international experts, examine the origin, application and effect of these clauses in important jurisdictions, their impact in different industries such as oil & gas, shipping, construction and insurance, through the lenses of both economic and legal analyses.

The book is of use for lawyers, economists and businesspeople who draft, negotiates or manage contracts in all industries where liability is dealt with in this way. It is also of interest to students, academics, and policy makers.

Table of contents

• Cover
• Half Title
• Series
• Title
• Copyright
• Contents
• Detailed Contents
• List of contributors
• Editors’ preface
• Table of cases
• Table of statutes and Model Form Contracts
• Part I Selected Topics
• Part II Knock For Knock in Specific Jurisdictions
• Index