James Duffy O'Connor Publishes in The Journal of the American College of Construction LawyersJim O'Connor's article "Wrestling with Reform: Indemnification Agreements, The Statutory Bars, Promises to Procure, and Insurance Products for the Construction Industry" was published in the February 2007 edition of The Journal of the American College of Construction Lawyers. The Journal is published by Thomson West and can be ordered from www.west.thomson.com. "Wrestling With Reform: Indemnification Agreements, The Statutory Bars, Promises to Procure and Insurance Products for the Construction Industry" is a 77-page law review article with over 240 footnote references. The article traces the evolution of judicial models used by the courts to evaluate whether indemnification is legally permitted between Owners, Contractors and Subcontractors. It proposes a clause that conforms, where possible, with the statutory restrictions enacted by 44 states. It analyzes the statutory bars prohibiting or restricting the risk transference device, and proposes an independent promise to procure insurance that accomplishes the intent of the device in all but 3 states. Finally, it discusses the insurance products being offered to the construction industry today to secure the promise of indemnification, including the current Additional Insured controversy. Jim O'Connor is a partner and head of Maslon's Construction Law Group. |