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English law reinsurance contracts may not cover asbestos or other U.S. liabilities
- Pillsbury Winthrop Shaw Pittman LLP
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- United Kingdom, USA
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- July 23 2012
In the words of the Court of Appeal in Faraday Reinsurance Co Ltd v Howden North America Inc & Anor 2012 EWCA Civ 980 (20 July 2012), "it would be idle to pretend that the English courts and the American (including the Pennsylvania) courts see eye to eye on the question of the liability of insurers to respond to asbestos claims"
General counsel update
- Herbert Smith Freehills LLP
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- China, European Union, Germany, Hong Kong, Indonesia, Mongolia, Singapore, United Kingdom, USA
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- July 11 2012
This is the thirtieth in our series of general counsel updates which aim to summarise major developments in key areas
Libor manipulation probe and litigation update
- Sedgwick LLP
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- United Kingdom, USA
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- July 5 2012
The record-breaking £59.5 million fine imposed on Barclays by the Financial Services Authority (FSA) and $360 million penalty imposed by the U.S. Commodity Futures Trading Commission and Department of Justice in connection with the improper submission of London InterBank Offered Rate (Libor) rates has led to intense public scrutiny of Barclays’ practices, procedures and management and possible misconduct by other financial institutions
Solvency II: why US insurers and reinsurers may also need to be scared of the UK FSA
- Edwards Wildman Palmer LLP
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- United Kingdom, USA
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- June 21 2012
Not long after he was appointed CEO of the UK's Financial Services Authority, Hector Sants said that individuals should be very afraid of the FSA
UK Supreme Court pulls trigger on asbestos liability insurance
- Pillsbury Winthrop Shaw Pittman LLP
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- United Kingdom, USA
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- June 20 2012
The UK's highest court has issued its decision in the Employers' Liability Insurance "Trigger" Litigation: BAI (Run Off) Ltd v Durham & Ors, 2012 UKSC 14 (28 March 2012), and finally resolved a long-pending dispute over insurance claims by the relatives of workers who died after being exposed to asbestos
Updates on international pricing issues for pharmaceutical and biologic products
- Sidley Austin LLP
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- China, European Union, France, Germany, United Kingdom, USA
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- May 18 2012
Sidley Austin LLP’s Global Life Sciences Team is pleased to provide you with this Global Pricing Newsletter, the first in a periodic series updating clients and friends of the firm on pricing issues around the world that may have an impact on pharmaceutical and biologic manufacturers’ legal and business strategies
Terrorist financingsanctionsmoney laundering
- Herbert Smith Freehills LLP
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- European Union, Global, Guernsey, Malta, United Kingdom, USA
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- May 4 2012
HM Treasury has issued a supplement to its Notice on Iran (nuclear proliferation) dated 26 March 2012
E-mail boilerplate and hyperlinked terms not enforced as between sophisticated commercial parties
- Borden Ladner Gervais LLP
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- United Kingdom, USA
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- February 9 2012
A New Jersey court has declined to enforce forum-selection clauses in the footers of e-mails or hyperlinked to a website
2012 insurance & reinsurance law report
- Sidley Austin LLP
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- United Kingdom, USA
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- January 10 2012
The turmoil in the financial markets over the past four years has had a profound effect on financial guaranty (“monoline”) insurers
FSA fines insurer for TCF failings
- Dentons
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- United Kingdom, USA
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- December 22 2011
FSA has fined the Combined Insurance Company of America £2.8 million for failing to ensure it treated its customers fairly
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