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Results: 11-20 of 326

Fourth Circuit declares “direct contributing properties” unambiguous in context of CBI coverage

  • Locke Lord LLP
  • -
  • USA
  • -
  • March 4 2014

In a 2-1 decision released on February 20, the U.S. Court of Appeals for the Fourth Circuit reversed the district court below and declared that the

Director liability & financially distressed companies in Turkey: Turkish regime far more stringent than corresponding rules in the US and UK

  • Locke Lord LLP
  • -
  • Turkey, United Kingdom, USA
  • -
  • February 20 2014

American and British directors of corporations should be mindful of the different standards of conduct, obligations, and potential personal liability

Validus wins round one: retrocessions not taxable under 26 USC 4371(3)

  • Locke Lord LLP
  • -
  • USA
  • -
  • February 7 2014

A federal district court in Washington handed Validus Reinsurance a major win on Wednesday, declaring that the IRS has no authority to assess excise

Texas High Court rules that contractor does not “assume liability” when agreeing to perform work in good & workmanlike manner

  • Locke Lord LLP
  • -
  • USA
  • -
  • January 22 2014

This past Friday, the Texas Supreme Court gave general liability insurers pointed guidance about what constitutes an "assumption of liability" for

Massachusetts federal court dismisses suit seeking to hold carrier liable for cost of bond after exhaustion of policy limit

  • Locke Lord LLP
  • -
  • USA
  • -
  • October 11 2013

A Massachusetts federal court dismissed a coverage lawsuit against a liquor liability insurer, holding that the "supplementary payments" clause in

Massachusetts House speaker asks FEMA to delay new flood insurance rules

  • Locke Lord LLP
  • -
  • USA
  • -
  • September 24 2013

On Friday, the speaker of the Massachusetts House of Representatives called on the Federal Emergency Management Agency (FEMA) to delay implementation

Massachusetts Appeals Court affirms insurer’s liability for tort-related litigation expenses in unfair claim settlement practices case

  • Locke Lord LLP
  • -
  • USA
  • -
  • August 19 2013

On Friday, the Massachusetts Appeals Court handed down its decision in Rivera v. Commerce Insurance Company, No. 12-P-483 (Aug. 16, 2013). The

Massachusetts High Court rules that Federal Arbitration Act applies to contracts involving interstate commerce

  • Locke Lord LLP
  • -
  • USA
  • -
  • August 19 2013

In a decision that has implications for reinsurance, the Massachusetts Supreme Judicial Court last week decided that the Federal Arbitration Act

First Circuit rules that auto carrier must pay post-judgment interest, despite claimants’ multiple-year failure to demand it

  • Locke Lord LLP
  • -
  • USA
  • -
  • July 22 2013

In March 2005, the federal district court in Puerto Rico entered a $6 million judgment for a personal injury plaintiff. In late September 2005, the

Morgan Keenan settlement shows risk to mutual fund directors when valuing mortgage-backed securities

  • Locke Lord LLP
  • -
  • USA
  • -
  • July 8 2013

In mid-June, eight former fund directors of Morgan Keenan & Co. settled allegations with the Securities and Exchange Commission that they had failed