Tag: Indemnity

• Maritime Casualty

  Fifth Circuit: LOIA Applies to Agreement to Salvage Platform

  • April 6, 2016
  • By Allen & Gooch

  LOIA Voids Certain Oilfield Indemnity Provisions Louisiana’s Oilfield Indemnity Act (“LOIA”) may invalidate certain indemnity agreements in oilfield contracts. See La. R.S. 9:2780.  There is a two-part test to determine if LOIA applies:  (1) the agreement must pertain to an oil, gas, or water well, and (2) the contract must involve operations related to the […]

• Maritime Casualty

  5th Circuit Holds OCSLA and Louisiana Law Apply to Indemnity Dispute

  • July 1, 2013
  • By Allen & Gooch

  In Ace Am. Ins. Co. v. M-I, L.L.C., 699 F.3d 826 (5th Cir. 2012), the Fifth Circuit recently applied the Outer Continental Shelf Lands Act (OCSLA) and Louisiana law to an indemnity provision of a Master Services Agreement (MSA). Indemnity Under Master Service Agreement In Ace, two companies—M-I, L.L.C. (M-I) and British Petroleum (BP)—entered into […]