Indemnities for the Benefit of Others
The requirement of consideration, the doctrine of privity of contract and the general rule that a plaintiff can only recover in respect of its own loss, present obstacles to contractual promises to indemnify third party beneficiaries. This article considers the obstacles, and the various devices used to clear them, from both a commercial and a legal perspective.
Journal of Contract Law
FURMSTON, Michael Philip and Carter, J. W..
Indemnities for the Benefit of Others. (2011). Journal of Contract Law. 27, (1), 82-90. Research Collection School Of Law.
Available at: http://ink.library.smu.edu.sg/sol_research/1041