Indemnification for Post-Contract Statutory Amendment Costs
Synthèse Legislator
Généré par l'IAA party appealed a decision regarding the interpretation of a contractual provision concerning an obligation to indemnify for costs incurred under a specific statute, where the lower court found the obligation did not extend to costs arising from an amendment to that statute enacted after the contract's execution. The appellate court reasoned that absent clear contractual language indicating an intent to cover future statutory changes, an indemnity obligation is generally limited to the law as it existed at the time of contracting, concluding that the amendment introduced a new liability not contemplated by the original agreement, thereby affirming the lower court's ruling.
Regeste Legislator
Généré par l'IAArt. 66 al. 1 LTF; Indemnification for Post-Contract Statutory Amendment Costs: The appellate court reasoned that absent clear contractual language indicating an intent to cover future statutory changes, an indemnity obligation is generally limited to the law as it existed at the time of contracting, concluding that the amendment introduced a new liability not contemplated by the original agreement, thereby affirming the lower court's ruling.
Mots-clés
Généré par l'IADispositions légales citées
Généré par l'IADécisions connexes
Généré par l'IAQuestions juridiques clés extraites par Legislator
Généré par l'IAThe provision governs the imposition of court costs in the dispositive.
Texte complet
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