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Results: 1-10 of 59

First Chinese drywall rulings noxious for insurers

  • Jorden Burt LLP
  • -
  • USA
  • -
  • July 7 2010

The first substantive rulings in the ubiquitous Chinese-made drywall litigation indicate a growing headache for property insurers

Court affirms ruling that the issue of arbitrability is reserved for the arbitration panel

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 27 2010

On November 30, 2009, we reported on a state appellate court ruling that the arbitration panel had the power to rule on its own jurisdiction, pursuant to the American Arbitration Association rules incorporated into the parties' agreement

Unauthorized insurer’s objection to ruling on pre-pleading security overruled

  • Jorden Burt LLP
  • -
  • USA
  • -
  • May 25 2010

On April 19, 2010, we reported on a magistrate judge ordering that the defendant, an unauthorized insurer, post pre-pleading security in the amount of $660,389

Second Circuit grants motion to stay pending appeal of decision vacating order that an arbitration must commence anew

  • Jorden Burt LLP
  • -
  • USA
  • -
  • April 15 2010

On August 3, 2009, we reported on a district court vacating its prior order that the arbitration must commence anew and reappointing an arbitrator to the panel after the arbitrator's health improved

First Circuit to district court: clarify your position on how the arbitration should proceed

  • Jorden Burt LLP
  • -
  • USA
  • -
  • April 13 2010

In this dispute, the First Circuit previously reversed the confirmation of an arbitration award concluding that the award was in manifest disregard of law and remanded the case for the entry of an order vacating the award

District court denies motion for reconsideration brought by assignee of reinsurance claims

  • Jorden Burt LLP
  • -
  • USA
  • -
  • April 1 2010

This is our third installment covering the action brought by B.D. Cooke & Partners Ltd. (“Cooke”) to recover money from certain underwriters at Lloyd’s, London as the assignee of rights under certain reinsurance contracts

First Circuit clarifies standard of review, concludes that agreement mandates arbitration

  • Jorden Burt LLP
  • -
  • USA
  • -
  • March 29 2010

In this dispute between two parties to a joint venture agreement, one party filed a lawsuit and the other submitted an arbitration demand

New York law applies to all claims in the Midland Insurance Company liquidation proceeding

  • Jorden Burt LLP
  • -
  • USA
  • -
  • March 17 2010

In this long-running legal saga surrounding the liquidation of Midland Insurance Company ("Midland"), the Superintendent of Insurance, Midland's reinsurers, and certain major policyholders stipulated to a case management order for determining the issue of whether New York substantive law controlled the interpretation of the Midland insurance policies at issue or whether the New York choice-of-law test must be conducted for each policy to determine the applicable substantive law

Arbitration award confirmed where arbitrator relied on the same contractual provisions to deny damages for one claim and award damages for another claim

  • Jorden Burt LLP
  • -
  • USA
  • -
  • March 16 2010

This dispute concerns sales commissions allegedly owed to three employees of Umpqua Bank ("Umpqua") pursuant to a third-party brokerage agreement (the "Agreement") between Umpqua and Woodbury Financial Services

Financial services firm settles privacy class action lawsuit

  • Jorden Burt LLP
  • -
  • USA
  • -
  • March 4 2010

In early 2008, DA Davidson & Co (Davidson), a Montana-based investment firm, discovered that a computer hacker illegally obtained access to a database containing personal and financial information of its current and former clients