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Court denies Wells Fargo’s motion to dismiss on statute of limitations grounds

Edwards Wildman Palmer LLP
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USA
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June 10 2010

The United States District Court for the Northern District of California recently granted in part and denied in part motions to dismiss a class action brought by a class of purchasers of mortgage pass-through certificates

Federal judge issues default against Chinese drywall manufacturer

Edwards Wildman Palmer LLP
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USA
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September 29 2009

A federal judge in New Orleans has defaulted a defendant, Taishan Gypsum Company, in a products liability class action lawsuit

Former Tyco director settles with pension fund in opt-out action

Edwards Wildman Palmer LLP
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USA
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January 4 2010

In 2002, Tyco became embroiled in a well-publicized scandal arising out of alleged corporate looting by the company’s top management

Lloyd’s syndicates file declaratory judgment action against BP

Edwards Wildman Palmer LLP
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USA
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June 1 2010

On April 20, 2010, an explosion on the Deepwater Horizon rig in the Gulf of Mexico touched off a subsurface leak in a BP oil well at the ocean's floor

First Circuit: no coverage under a D&O policy where the underlying complaint does not specifically name an officer or director

Edwards Wildman Palmer LLP
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USA
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November 12 2009

The U.S. Court of Appeals for the First Circuit recently held that coverage under a directors and officers liability insurance policy is not available for claims against unnamed officers or directors

Class action procedure: the latest developments from ALI-ABA conference on insurance and financial services litigation

Edwards Wildman Palmer LLP
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USA
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July 19 2010

This panel offered the insights of a federal district court judge, defense counsel and plaintiffs' counsel regarding Class Action Procedure, focusing on trends regarding the class certification process

Georgia Supreme Court holds insurer not entitled to safe harbor jury instruction where it conditioned tender of policy limits

Edwards Wildman Palmer LLP
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USA
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January 6 2010

The Georgia Supreme Court recently remanded a case alleging an insurer's bad-faith failure to settle based upon the fact that the trial court improperly instructed the jury that where a claimant's demand is conditioned upon the response of another insurance company, the insurer's offer of its policy limits fulfills its duty to its insured

Connecticut Appellate Court affirms summary judgment holding that insurer had no duty to defend or indemnify its insured in negligence claim brought by stabbing victim

Edwards Wildman Palmer LLP
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USA
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January 25 2010

The Connecticut Appellate Court recently affirmed a trial court’s summary judgment holding that an insurance company had no duty to defend or indemnify its insured in a negligence action brought by a women who was stabbed twenty-four times by the insured

Tenth Circuit holds demand sent to former partner of insured law firm triggered notice provision of claims made and reported policy

Edwards Wildman Palmer LLP
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USA
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January 27 2010

The Tenth Circuit recently held that a law firm was not entitled to coverage from its malpractice insurer because a former partner of the firm had received a demand, unbeknownst to the firm, prior to the policy period

Delaware court: right to advancement of defense costs for defamation suit can be modified based on changes in factual circumstances

Edwards Wildman Palmer LLP
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USA
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July 28 2009

In a short letter-to-counsel opinion, Vice Chancellor John Noble of the Delaware Chancery Court held that a prior order granting advancement to two officers and directors can be modified based on changes in factual circumstances

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