Katarina Thallner
February 23, 2024 | New York Law Journal
Drafting Effective Operating Agreement Indemnification Clauses: Advice from the LitigatorsThis article, written by litigators, is intended to inform drafters of the need for clearly delineated rights to indemnification, on one hand, and fee advancement on the other. It surveys New York's interpretation of Limited Liability Company Law §420 and identifies considerations for both indemnification and fee advancement.
By Michael H. Masri and Katarina Thallner
6 minute read
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