Document background
The Release Of Liability And Indemnity Agreement is a crucial risk management tool widely used across Canadian jurisdictions. This document becomes necessary when parties engage in activities or business relationships where one party wishes to be protected from potential legal claims while securing indemnification from the other party. It must be carefully drafted to ensure compliance with both federal regulations and provincial laws, including specific considerations for Quebec's Civil Code and the common law system in other provinces. The agreement typically addresses various aspects including assumption of risk, waiver of claims, indemnification obligations, and emergency provisions. It's particularly important in situations involving inherent risks, such as sporting events, recreational activities, property use, or business operations where clear allocation of risk and responsibility is essential.
