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A report on knock-for-knock indemnities in the Oil & Gas industry IACCM September

Published: 15 Jun 2016 Average Rating: 4 / 5 Print
 

Author: IACCM

Early in 2015, the topic of knock-for-knock was the subject of a panel discussion at an oil and gas industry conference. It became apparent that different companies followed different approaches to the use of knock-for-knock and indeed, that practices varied even within a company. This finding was confirmed during conversations with several corporate members of IACCM, where it became evident that in some cases there was no specific corporate policy, or that central resources were not always aware of local practices.

 

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