Liane Noble | Vinson & Elkins

Liane is a trial lawyer with extensive experience representing clients in complex commercial disputes, breach of contract cases, and business torts in state and federal trial and appellate courts. With a strategic approach to litigation, Liane provides insightful counsel to corporations, organizations, and individuals navigating high-stakes disputes.

Before rejoining Vinson & Elkins, Liane served as an Assistant United States Attorney in the Western District of Texas, where she took numerous cases to trial in federal court, gaining invaluable courtroom experience. During her tenure, she led high-stakes cases on both sides of litigation, representing the government as a defendant against challenges to federal regulations and enforcing violations of federal law as plaintiff. This dual perspective has sharpened her litigation strategy and further refined her skills in investigation, legal strategy, and trial advocacy, enabling her to deliver effective and tailored solutions for her clients.

Steven O. Weise | Proskauer Rose

Steve Weise is a partner in the corporate department, practicing in its Los Angeles office. He practices in a wide range of commercial law. He spends much of his time on matters arising under the Uniform Commercial Code, especially under Article 9 – Secured Transactions. He is a nationally-recognized expert in these matters. Steve is also authoritative on third-party opinion letters and contract law matters, especially online contracting, plain English drafting, contract drafting, and boilerplate.

Steve is a member of the Permanent Editorial Board for the Uniform Commercial Code and of the Council of the American Law Institute. For thirty years, Steve has been on many Uniform Commercial Code drafting committees, including the comprehensive revision of UCC Article 9 in 1999 and the 2022 UCC Amendments addressing digital assets as collateral. Steve is a Lecturer in Law at UCLA Law School, where he teaches Uniform Commercial Code – Secured Transactions.

Steve was instrumental as an Adviser in the preparation of the recently-completed American Law Institute Restatement of the Law, Consumer Contracts and is active in many other Restatement projects. Steve is the former chair of the American Bar Association’s Section of Business Law and its Legal Opinions Committee. He has been the Reporter for many TriBar Opinions Committee reports on opinions under the UCC and has long been a member of the board of the Working Group on Legal Opinions.

Edwin Smith | Morgan Lewis & Bockius

Edwin Smith concentrates his practice in commercial law, debt financings, structured financings, workouts, bankruptcies, and international transactions. He is particularly knowledgeable on commercial law and insolvency matters, both domestic and cross-border. His representations have included those in major bankruptcies including Refco, Lehman, the City of Detroit, and PG&E. He often advises financial institutions on documentation and risk management issues.

Ed advises creditors and counter-parties on commercial and insolvency risks in sales, leasing, financing, investment securities, and derivatives and repo-style transactions and has represented parties in major insolvencies. He has been a guest speaker for bar and trade organizations including ALI-CLE, the American Bar Association, the American Bankruptcy Institute, the International Insolvency Institute, the Association of Commercial Finance Attorneys, the Boston Hedge Fund Group, the Commercial Finance Association, the National Conference of Bankruptcy Judges, the Equipment Leasing Association, the Practicing Law Institute, the Risk Management Association, and various local bar associations. Having actively participated as a Uniform Law Commissioner in the drafting of a number of the recent revisions to the Uniform Commercial Code (UCC), Chambers USA noted he “probably knows as much about UCC as anybody in the country.”

Session I – Critical Elements of Indemnification Clauses: Insights for Emerging Attorneys | 1:00pm – 2:00pm

• Core components and structure
• Scope, caps, and exclusions
• Trigger events and notice obligations
• Valuation, calculation, and payment mechanisms
• Recent case law and enforcement trends

Break | 2:00pm – 2:10pm

Session II – Drafting & Enforcing Complex Indemnification Provisions | 2:10pm – 3:10pm

• Who is covered + clear definitions (make the clause readable)
• Direct vs. third-party claims; defend vs. indemnify; practical notice
• Alternatives and complements to indemnity (choose the right tool)
• Public-policy guardrails & R&W insurance
• Enforcement & payment mechanics (what to do when things go sideways)