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"Do you know" series: "Indemnity" and "Liquidated Damages" Clauses in Select Civil Law and Hybrid Jurisdictions in Asia

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"Do you know" series: "Indemnity" and "Liquidated Damages" Clauses in Select Civil Law and Hybrid Jurisdictions in Asia

Asian Business Law Institute (April 2022)

This is a collection of short write-ups on indemnity and liquidated damages clauses in select civil law and hybrid jurisdictions covered by the Asian Business Law Institute (ABLI) in its Contracts Project.

The Contracts Project aims to produce standard-form contract terms that are valid in a majority of Asian jurisdictions and where risks are, relatively speaking, allocated in a balanced manner to both sides, so that costs that are unnecessarily incurred in contract negotiation can be saved. More information can be read here.

ABLI's Contracts Project covers the following jurisdictions and governing laws:

Civil law jurisdictions: China, Indonesia, Japan, Thailand and Vietnam

Common law jurisdictions and governing laws: Australia, India, Malaysia, Singapore, English law and New York law

Hybrid jurisdiction: The Philippines

This Collection includes (in alphabetical order by jurisdiction)
  • "Indemnity" and "Liquidated Damages" in China (February 2022) by Dennis (Yongquan) Deng (Partner) and Dr Guodong Du (Associate), Anli Partners
  • "Indemnity" and "Liquidated Damages" in Indonesia (March 2022) by Fransiscus Rodyanto (Partner) and Fadhira Mediana (Associate), SSEK Legal Consultants
  • "Indemnity" and "Liquidated Damages" in Japan (March 2022) by Ng Sook Zhen (Partner) and Tanabe Yasuhiko (Foreign Legal Associate), Dentons Rodyk and Davidson
  • "Indemnity" and "Liquidated Damages" in the Philippines (March 2022) by JJ Disini, Managing Partner, Disini Law Office
  • "Indemnity" and "Liquidated Damages" in Thailand (April 2022), Ittichai Prasongprasit, Partner of R&T Asia (Thailand) Limited
  • "Indemnity" and "Liquidated Damages" in Vietnam (March 2022) by Dang The Duc (Managing Partner), Steven Jacob (Of Counsel) and Ngo Dang Loc (Junior Associate), Indochine Counsel
You will get the following files:
  • PDF (219KB)
  • PDF (200KB)
  • PDF (476KB)
  • PDF (201KB)
  • PDF (219KB)
  • PDF (208KB)

[Full version] Model Clauses for Contracting in Asia


Contract Laws of Asia – Indemnities


Contract Laws of Asia – Liquidated Damages and Penalty Clauses