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Judge orders insurer to cover R. Allen Stanford's defense costs

Edwards Wildman Palmer LLP
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USA
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February 17 2010

According to the Houston Chronicle, U.S. District Judge David Hittner, who is presiding over R. Allen Stanford's criminal proceeding, has ordered Lloyd's of London to pay for the criminal defense attorneys defending Mr. Stanford and two other officers of his company who were recently indicted for allegedly running a $7 billion Ponzi scheme

High Court finds that claim is excluded as a result of director's aiding and abetting

Edwards Wildman Palmer LLP
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United Kingdom
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February 4 2010

In the case of Goldsmith Williams v Travelers Insurance Company Limited 2010 EWHC 26, Mr Justice Wyn Williams considered the question of whether a company had acted fraudulently

Construction of termination and release agreement; claims in fraud

Edwards Wildman Palmer LLP
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United Kingdom
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December 30 2009

1) Cavell USA (2) Kenneth Edward Randall v (1) Seaton Insurance (2) Stonewall Insurance 2009 EWCA Civ 1363 concerned the construction of a termination and release agreement, which provided for English law and jurisdiction and, under clause 13, for a full release by Randall from "all actions, causes of action, suits, claims and demands whatsoever, whether at law or equity…save…(iii) in the case of fraud" on Randall's part

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Workarea - Litigation
Workarea - Insurance & Reinsurance
Workarea - White Collar Crime
Author - M Machua Millett
Author - Jeanne Kohler
Firm Name - Edwards Wildman Palmer LLP

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Judge orders insurer to cover R. Allen Stanford's defense costs

High Court finds that claim is excluded as a result of director's aiding and abetting

Construction of termination and release agreement; claims in fraud

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