I have recieved information from a friend that is incarcerated that he would like me to pretty much run his music company. In which he has included a Spsecial Power Of Attorney And, A Contingency Contract. I have read and understand both of these forms. Still, i’m not 100% sure of the creditibility and, legality of this information/request. Please reply informing me of my best way of going on about proceeding into this position.
Indemnification in an LLP
I have an LLP for the state of Washington and it is for a film that I am making. I have a very rich potential client who is thinking of investing. As far as the indemnification part of the LLP, it says that me, The Initial Managing Partner is held harmless for any liability, loss etc… He is worried that in the case of a law suit, that someone could sue him individually, is that possible with an LLP, and if not then who exactly is liable for something that goes wrong? Appreciate the answer. This is exactly what is says about indemnification: Indemnification ï¿½ The Initial Managing Partners and its representatives or agents and the Initial Managing Partners’ legal counsel shall be held harmless and be indemnified by the Partnership for any liability, loss (including amounts paid in settlement), damages or expenses (including reasonable attorneyï¿½s fees) suffered by virtue of any acts or omissions or alleged acts or omissions arising out of such person’s activities either on behalf of the Partnership or in furtherance of the interests of the Partnership and in a manner believed in good faith by such person to be within the scope of the authority conferred by this Agreement or law.
Original songs protected? Dont understand contest rules
I am submitting copyrighted original songs but not sure I am protected. I dont understand this excerpt from contest rules: ”By participating, you acknowledge that XXX may have access to music and lyrics which is similar to the materials submitted. You also release and hold harmless XXX from any claims (including claims for damages) by you, your heirs and/or your assigns based on an allegation that XXX’s ownership of or right to use any music or lyrics is restricted by your submission of music and lyrics to XXX in connection with your submission.