This is a fairly standard provision, though in bankruptcy Bear's officers and directors would only have a claim for indemnification as a creditor of the company – so it is a nice boon to them.
Called directors and officers (D&O) insurance, these policies, offered by companies such as American International Group, Chubb and Ace Limited, are designed to provide reimbursement of costs incurred in defending a claim and indemnification for any judgment or settlement in a case.
He interviewed hundreds of witnesses whose testimony was critical for the prosecution of war criminals in German courts, and served as counsel for Nazi victims in hundreds of restitution and indemnification claims.
"The money in the escrow fund is intended to indemnify Al Jazeera, and Al Jazeera's indemnification claims are more than the amount held in escrow.
However, the CIA told the interrogator that the CIA needed to review the Senate's report to ensure that none of its officers were implicated in any wrongdoing prior to making a decision about indemnification claims.
It appears the interrogator who filed the complaint about the indemnification claims first contacted Meyer, who was working for the Pentagon, in the hopes of resolving his case prior to reaching out to the CIA inspector general.
In addition, the U.S.-based censor-free Radio Martí continued to broadcast, and U.S. claims and Cuban counterclaims for indemnification remained unsettled.
ancillary jurisdiction over the counties' cross-claim against the state for indemnification.
