When “Skin in the Game” Meets Uninsurable Risk: Rethinking “Knock-for-Knock” Carve Outs | Haynes Boone
In the offshore oil and gas sector, procurement contracts have long served as sophisticated risk management tools designed to promote commercial certainty by clearly defining parties’ obligations and allocating risks in a predictable and insurable manner. Central to this framework is the knock-for-knock indemnity regime, under which each party assumes responsibility for its own and…

