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Results: 1-7 of 7

Court holds that professional services exclusion in D&O policy applies to broker-dealer’s distribution of REITs

  • Edwards Wildman Palmer LLP
  • -
  • USA
  • -
  • April 4 2013

A federal court, applying New York law, recently held that a "professional services" exclusion in a D&O policy applied to lawsuits against a

California Supreme Court grants review of appellate ruling in Beacon v. Skidmore

  • Wilson Elser
  • -
  • USA
  • -
  • March 11 2013

On December 20, 2012, we issued an alert regarding the case of Beacon Residential Community Association v. Skidmore, Owings and Merrill LLP, where

Duty to defend not triggered by allegations outside professional services coverage

  • Wiley Rein LLP
  • -
  • USA
  • -
  • May 6 2008

The United States District Court for the District of Colorado, applying Colorado law, has held that allegations in several lawsuits brought against a real estate investment trust did not trigger the insurer's duty to defend the trust under miscellaneous professional liability policies that covered the provision of professional services

Court rejects insurer’s attempt to rescind lawyer's policy and holds prior knowledge exclusion does not bar coverage

  • Wiley Rein LLP
  • -
  • USA
  • -
  • April 1 2009

A federal district court has held that a law firm could not have reasonably foreseen that its client would file a malpractice suit against it when it applied for and obtained a renewal of its lawyers professional liability policy, concluding that the attempted real estate transaction giving rise to the suit was thwarted by the client’s own actionsnot the law firm’sand noting that the client continued to work with the firm in related litigation following the canceled transaction

Legal malpractice: real estate developer alleges law firm failed to conduct environmental due diligence

  • Shook Hardy & Bacon LLP
  • -
  • USA
  • -
  • May 21 2010

A real estate developer has sued a Louisiana-based law firm alleging that the firm failed to perform an environmental assessment which would have revealed that land it purchased for development was part of a World War II-era bombing range

Ohio environmental statutes of limitation: did the Ohio Supreme Court affect environmental claims?

  • Taft Stettinius & Hollister LLP
  • -
  • USA
  • -
  • May 10 2011

The Ohio Supreme Court’s decision on April 27 in Flagstar Bank, F.S.B. v. Airline Union’s Mortgage Company, et al, 2011-Ohio-1961, raises interesting environmental questions

Law firm communications with firm and outside counsel privileged

  • Jenner & Block
  • -
  • USA
  • -
  • April 17 2012

In Garvy v. Seyfarth Shaw LLP, No. 07 L 4924, Slip. Op. (Ill. App. Ct. Mar. 1, 2012), the court held that internal law firm communications with firm counsel, as well as communications between the firm and outside counsel, made while the firm continued to represent the client, were privileged in subsequent malpractice litigation