Hong Kong Regulations

SOLICITORS (PROFESSIONAL INDEMNITY) RULES - RULE 11

Provision of Indemnity

(1) Indemnity shall be provided in any one or any combination of the following
ways-

   (a)  by payment, in or towards satisfaction of the claim or claimant's
        costs or both, to or to the order of the claimant making the claim;

   (b)  by payment, in respect of the claim, claimant's costs or costs and
        expenses incurred in respect of the defence, settlement or compromise
        of the claim or any combination of them, to or to the order of the
        indemnified against whom the claim is made;

   (c)  by payment, in or towards discharge of costs and expenses incurred in
        respect of the defence or settlement or compromise of the claim, to or
        to the order of the legal advisers, adjusters or other persons by whom
        or in respect of whose services such costs and expenses were incurred.

(2) Notwithstanding any insolvency or bankruptcy of any indemnified, the
Company may, for the purposes of subrule (1), decide in which or which
combination of the above ways any Indemnity shall be provided. (Enacted 1989)