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Results: 1-10 of 37

Commercial leases in bankruptcy

  • Wiley Rein LLP
  • -
  • USA
  • -
  • February 17 2012

The last several years have seen bankruptcy filings from prominent retail chains such as Borders, Circuit City, Blockbuster, Movie Gallery and Ritz Camera

Property damage exclusion bars coverage for negligence and breach of fiduciary duty claims

  • Wiley Rein LLP
  • -
  • USA
  • -
  • November 11 2013

The United States District Court for the Southern District of Texas, applying Texas law, has held that an insurer had no duty to defend two lawsuits

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

The Interstate Land Sales Act: coming to a courthouse near you

  • Wiley Rein LLP
  • -
  • USA
  • -
  • April 29 2008

A little used statute from the 1960’s has made a comeback thanks to a falling real estate market and an active plaintiffs’ bar

Update on bill to allow risk retention groups to offer commercial property insurance

  • Wiley Rein LLP
  • -
  • USA
  • -
  • August 14 2008

The "Increasing Insurance Coverage Options for Consumers Act of 2008," sponsored by Rep. Dennis Moore (D-KS), has been forwarded to the House Financial Services Committee

Federal court in Idaho holds coverage barred under real estate liability policy, but insurer not entitled to reimbursement of defense expenses

  • Wiley Rein LLP
  • -
  • USA
  • -
  • August 19 2008

The U.S. District Court for the District of Idaho has held that a real estate liability policy afforded no coverage for an underlying action brought against the insured-real estate listing agent by real estate purchasers

Federal Court in Idaho holds coverage barred under real estate liability policy, but insurer not entitled to reimbursement of defense expenses

  • Wiley Rein LLP
  • -
  • USA
  • -
  • September 10 2008

The United States District Court for the District of Idaho has held that a real estate liability policy afforded no coverage for an underlying action brought against the insured real estate listing agent by real estate purchasers

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

FEC permits realtors’ PAC to raise additional funds

  • Wiley Rein LLP
  • -
  • USA
  • -
  • January 19 2007

On December 14, 2006, and by a vote of 4-2, the Federal Elections Commission (FEC) permitted RPAC, the federal PAC of the National Association of Realtors (NAR), to institute a plan to raise additional funds for its federal political activity

No coverage for malpractice claim against real estate broker when claimant threatened suit prior to policy inception

  • Wiley Rein LLP
  • -
  • USA
  • -
  • July 2 2009

The California Court of Appeal affirmed summary judgment for an insurer pursuant to a malpractice insurance policy’s prior knowledge provision based upon the claimants’ threat of a lawsuit against the insured prior to the inception of the policy