Appellate Division of the Supreme Court of the State of New York December 20, 2012 (JPMorgan Chase Bank, N.A. v. Luxor Capital, LLC)

The indemnification clause in the loan syndication and trading association (LSTA) agreement at issue provides, among other things, that CIC shall indemnify Luxor for any costs or expenses arising out of a breach of CIC’s representations and warranties under the agreement.