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Cornerstone Report: securities class action filings soar in 2008 due to an increase in filings against financial services firms

Edwards Wildman Palmer LLP
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USA
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January 15 2009

Cornerstone Research, in cooperation with Stanford Law School's Securities Class Action Clearinghouse, recently released its report on federal securities class action filings in 2008

Did Hall Street eliminate manifest disregard of the law as a valid basis for vacating or modifying arbitration awards? A 2008 summary of conflicting decisions

Edwards Wildman Palmer LLP
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USA
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January 14 2009

This past year we’ve followed the U.S. Supreme Court’s decision in Hall Street Associates, L.L.C. v. Mattel, Inc., No. 06-989 (U.S. Mar. 25, 2008), and whether courts have interpreted it as eliminating the doctrine of manifest disregard of the law, a judicially-created concept that provides parties with a basis for challenging an arbitration award beyond those grounds enumerated in the Federal Arbitration Act (“FAA”

En banc First Circuit decision erodes scope of the work product doctrine

Edwards Wildman Palmer LLP
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USA
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August 26 2009

A recent First Circuit decision significantly narrows the scope of the attorney work product doctrine and raises concerns that legal analysis conducted by corporate attorneys is not necessarily protected from discovery

Ninth Circuit Court of Appeals reverses summary judgment and holds against insurer in bad faith action related to uninsured motorist claim

Edwards Wildman Palmer LLP
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USA
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August 27 2009

The Ninth Circuit Court of Appeals recently reversed an award of summary judgment that had been in favor of an insurer in a bad faith action regarding an uninsured motorist claim, and found against the insurer

Colonial Bancgroup subprime shareholder derivative action dismissed

Edwards Wildman Palmer LLP
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USA
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August 31 2009

On July 20, 2009, the US District Court for the Northern District of Alabama granted the defendants motion to dismiss in a shareholder derivative action that named the directors and officers of Colonial Bancgroup as defendants

Reinsurer’s motion to seal documents related to arbitration granted by Pennsylvania court

Edwards Wildman Palmer LLP
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USA
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August 27 2009

Republic Western Insurance Company ("Republic") reinsured certain workers’ compensation policies issued by Reliance Insurance Company

Second Circuit affirms dismissal of “F-Cubed” securities class action

Edwards Wildman Palmer LLP
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USA
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January 20 2009

The Second Circuit Court of Appeals has affirmed the dismissal of an “F-Cubed” securities class action - i.e., a securities class action brought by foreign investors who purchased shares in a foreign company on a foreign stock exchange - on subject matter jurisdiction grounds

New York appellate court: question of fact concerning additional insured obligations precludes summary judgment

Edwards Wildman Palmer LLP
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USA
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February 25 2008

A New York appellate court recently held that factual issues should have precluded summary judgment for a subcontractor and its insurer concerning whether they were obligated to provide defense and indemnification to a general contractor pursuant to the subcontract entered into between the general contractor and subcontractor

New York appellate court: insurer not entitled to dismissal of coverage action just because underlying suit is dismissed

Edwards Wildman Palmer LLP
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USA
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February 25 2008

A New York appellate court recently held that a coverage action was not rendered merely “academic” by the dismissal of the underlying property damage action because the insured continued to have a claim for litigation expenses incurred in defense of the underlying action

Supreme Court denies appeal of Katrina coverage cases from Louisiana federal court

Edwards Wildman Palmer LLP
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USA
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February 28 2008

Last week, the United States Supreme Court refused to hear the appeal by policyholders of the Fifth Circuit’s pro-insurer August 2007 decision that held that various policies’ flood exclusions unambiguously precluded recovery for damages caused by breach of the levees after Hurricane Katrina

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Search results

Cornerstone Report: securities class action filings soar in 2008 due to an increase in filings against financial services firms

Did Hall Street eliminate manifest disregard of the law as a valid basis for vacating or modifying arbitration awards? A 2008 summary of conflicting decisions

En banc First Circuit decision erodes scope of the work product doctrine

Ninth Circuit Court of Appeals reverses summary judgment and holds against insurer in bad faith action related to uninsured motorist claim

Colonial Bancgroup subprime shareholder derivative action dismissed

Reinsurer’s motion to seal documents related to arbitration granted by Pennsylvania court

Second Circuit affirms dismissal of “F-Cubed” securities class action

New York appellate court: question of fact concerning additional insured obligations precludes summary judgment

New York appellate court: insurer not entitled to dismissal of coverage action just because underlying suit is dismissed

Supreme Court denies appeal of Katrina coverage cases from Louisiana federal court

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