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The Louisiana Oilfield Indemnity Act Threatens to Dismantle Risk Transfer

On February 24, 2016, in a ruling with grave implications to additional insured coverage and the risk transfer process, the Fifth Circuit in Tetra Techs., Inc. v. Cont’l Ins. Co. overturned the Eastern District of Louisiana (see the Fifth Circuit’s opinion here), and broadened the application of the Louisiana Oilfield Indemnity Act to void indemnity and additional insured coverage.

Click here to read the entire Case Alert.

 

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Mar 08, 2016
Celia B. Waters (Keniry)

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