I just learned of an interesting new insurance policy product, which a party in a breach of contract litigation can purchase shortly after the start of the lawsuit, that will cover the insured against a judgment against it to pay the attorneys’ fees of the opposing party under a prevailing party attorneys’ fees provision in a contract. Such a policy can be purchased by a defendant or a plaintiff in a breach of contract lawsuit, and can significantly reduce the down-side risk associated with losing such a lawsuit. —Adam Treiger