Illinois Bar Journal

Articles From Scott O. Reed

Understanding the Limits on Indemnity Agreements

By Scott O. Reed
Page 34
Do indemnity agreements typically require payment of the indemnified party's attorney fees? Can a party cap the amount of its liability, or is doing so against public policy? Here's a look at some of the key questions that arise in indemnity contracts.

Are Courts Expanding an Insurer’s Duty to Pay for an Insured’s Independent Counsel?

By Randall W. Slade & Scott O. Reed
Page 48
Illinois cases have declined to require an insurer to pay for independent counsel merely because the plaintiff demanded more than the insurance limits. But several recent federal cases have.

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