Session I - Critical Elements of Indemnification Clauses: Insights for Emerging Attorneys – Liane Noble
Drawing on her extensive litigation background—ranging from high-stakes jury trials and contract disputes to government enforcement and energy disputes—litigator Liane Noble brings a sharp, real‑world perspective to indemnification drafting and negotiation. This session focuses on the critical components of indemnification clauses, breaking down how courts enforce them, the valuation mechanics at play, and the risks they pose. Participants will benefit from Liane’s dual experience in private practice and as an Assistant U.S. Attorney, gaining key insights into how indemnity obligations unfold in both transactional drafting and litigation contexts. Attendees will learn how to draft clear, enforceable clauses, assess indemnity exposure, and strategically negotiate provisions suited to commercial, energy, and government-contract settings. With an eye toward avoiding ambiguity and limiting exposure, this session arms new and young attorneys with the tools to counsel clients confidently. The discussion also incorporates lessons from recent case law and shows how indemnification disputes arise post‑closing or post‑contract performance.
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Session II - Drafting & Enforcing Complex Indemnification Provisions – Steven Weise and Edwin Smith
Indemnification clauses are one way that deals allocate risk—and they’re often where disputes start. This session skips boilerplate and shows you how to make these clauses clear, targeted, and enforceable. You’ll learn to define who’s protected and what losses count, set a clean defense/settlement process (with practical notice rules), and avoid windfalls or shortfalls through tax and insurance coordination. We’ll also compare indemnity to other tools (escrows, offsets, rescission, exclusivity, exculpation, liability limitations) so you can pick the best solution (or combination of solutions) for the problem you expect. We’ll also cover the risk of going “too far.” Finally, we’ll cover public-policy limits (negligence/gross negligence/intentional acts), when R&W insurance helps, and the practical levers to use if the other side won’t defend or pay.
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This course is co-sponsored with myLawCLE.
Date / Time: February 27, 2026
Closed-captioning available
Liane Noble | Vinson & Elkins
Liane is a trial lawyer with extensive experience representing clients in complex commercial disputes, breach of contract cases, and business torts in state and federal trial and appellate courts. With a strategic approach to litigation, Liane provides insightful counsel to corporations, organizations, and individuals navigating high-stakes disputes.
Before rejoining Vinson & Elkins, Liane served as an Assistant United States Attorney in the Western District of Texas, where she took numerous cases to trial in federal court, gaining invaluable courtroom experience. During her tenure, she led high-stakes cases on both sides of litigation, representing the government as a defendant against challenges to federal regulations and enforcing violations of federal law as plaintiff. This dual perspective has sharpened her litigation strategy and further refined her skills in investigation, legal strategy, and trial advocacy, enabling her to deliver effective and tailored solutions for her clients.
Steven O. Weise | Proskauer Rose
Steve Weise is a partner in the corporate department, practicing in its Los Angeles office. He practices in a wide range of commercial law. He spends much of his time on matters arising under the Uniform Commercial Code, especially under Article 9 – Secured Transactions. He is a nationally-recognized expert in these matters. Steve is also authoritative on third-party opinion letters and contract law matters, especially online contracting, plain English drafting, contract drafting, and boilerplate.
Steve is a member of the Permanent Editorial Board for the Uniform Commercial Code and of the Council of the American Law Institute. For thirty years, Steve has been on many Uniform Commercial Code drafting committees, including the comprehensive revision of UCC Article 9 in 1999 and the 2022 UCC Amendments addressing digital assets as collateral. Steve is a Lecturer in Law at UCLA Law School, where he teaches Uniform Commercial Code – Secured Transactions.
Steve was instrumental as an Adviser in the preparation of the recently-completed American Law Institute Restatement of the Law, Consumer Contracts and is active in many other Restatement projects. Steve is the former chair of the American Bar Association’s Section of Business Law and its Legal Opinions Committee. He has been the Reporter for many TriBar Opinions Committee reports on opinions under the UCC and has long been a member of the board of the Working Group on Legal Opinions.
Edwin Smith | Morgan Lewis & Bockius
Edwin Smith concentrates his practice in commercial law, debt financings, structured financings, workouts, bankruptcies, and international transactions. He is particularly knowledgeable on commercial law and insolvency matters, both domestic and cross-border. His representations have included those in major bankruptcies including Refco, Lehman, the City of Detroit, and PG&E. He often advises financial institutions on documentation and risk management issues.
Ed advises creditors and counter-parties on commercial and insolvency risks in sales, leasing, financing, investment securities, and derivatives and repo-style transactions and has represented parties in major insolvencies. He has been a guest speaker for bar and trade organizations including ALI-CLE, the American Bar Association, the American Bankruptcy Institute, the International Insolvency Institute, the Association of Commercial Finance Attorneys, the Boston Hedge Fund Group, the Commercial Finance Association, the National Conference of Bankruptcy Judges, the Equipment Leasing Association, the Practicing Law Institute, the Risk Management Association, and various local bar associations. Having actively participated as a Uniform Law Commissioner in the drafting of a number of the recent revisions to the Uniform Commercial Code (UCC), Chambers USA noted he “probably knows as much about UCC as anybody in the country.”
Session I – Critical Elements of Indemnification Clauses: Insights for Emerging Attorneys | 1:00pm – 2:00pm
Break | 2:00pm – 2:10pm
Session II – Drafting & Enforcing Complex Indemnification Provisions | 2:10pm – 3:10pm