English to English translations [PRO]
Bus/Financial - Law (general) | | English term or phrase: investigative action, suit or proceeding | What is an investigative action, suit or proceeding?
Sample Paragraph:
The Corporation shall indemnify and hold harmless... any person who was or is made or is threatened to be made a party or is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or investigative, by reason of the fact that [he or she]... is or was a director or officer of the Corporation..., against all liability and loss suffered and expenses reasonably incurred by such Indemnitee. |
| MatsumiKudoZ activityQuestions: 12 (none open) Answers: 0
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| | any type of investigation, or lawsuit | Explanation:
and it goes on to say, as AT pointed out, that these proceedings or action/lawsuits and investigations can be by other bodies besides the police e.g Revenue/Customs. Your text says "civil, criminal, administrative or investigative" so it covers the lot.
The reason these people will be indemnified for any loss or expense because of such actions is that they are or were Directors of the Corporation
Hope this helps
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Note added at 1 day9 hrs (2011-12-15 22:11:51 GMT) Post-grading
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glad to have helped |
| Selected response from:
 gallagy2
Ireland
| Grading comment Thank you.
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