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Results: 1-10 of 1,261

Is your insurance company paying to defend FACTA lawsuits?
  • Pillsbury Winthrop Shaw Pittman LLP
  • USA
  • September 13 2007

Plaintiffs lawyers have filed hundreds of nationwide class action lawsuits against restaurants, retailers and other merchants for alleged improper printing of expiration dates on credit card receipts


Florida securities regulator proposes uniform definition of "branch office"
  • Squire Patton Boggs
  • USA
  • February 12 2007

Almost all financial service providers in North America are licensed to sell securities and insurance products to residents of Florida


Resurrecting corporate America after the failure of governance
  • Bricker & Eckler LLP
  • USA
  • October 10 2008

AIG, Bear Stearns, Fannie Mae, Freddie Mac, Lehman Bros. et al. are the result of a fundamental flaw in governance of corporate America: failure to provide independent oversight of management in the governance of these organizations


Trade associations urge Senate to consider systemic risk review
  • Alston & Bird LLP
  • USA
  • February 19 2010

Today, a consortium of interested trade associations, including the American Bankers Association, the Financial Services Roundtable and the Mortgage Bankers Association, sent a letter to Senators Christopher J. Dodd (D-CT) and Richard C. Shelby (R-AL), the Chairman and Ranking Member of the Senate Committee on Banking, Housing and Urban Affairs, respectively, urging the Committee to address potential systemic risks posed by accounting standards in the consideration of the Senate’s comprehensive financial industry reform legislation


In case you missed it - February 2012
  • Stoel Rives LLP
  • USA
  • February 15 2012

A smattering of bylaw amendments purporting to make Delaware the exclusive venue for shareholder derivative suits and claims of fiduciary duty breaches followed Vice Chancellor Laster’s suggestion in a 2010 case that such provisions would be enforceable


Insured versus Insured exclusion held inapplicable to FDIC’s failed bank suit
  • Wiley Rein LLP
  • Puerto Rico, USA
  • November 1 2012

A Puerto Rico federal district court has declined to apply a D&O policy’s Insured versus Insured exclusion to a suit brought by the Federal Deposit Insurance Corporation (FDIC) against former directors and officers of a failed bank


Liability considerations for officers and directors of failed FDIC-insured institutions
  • Venable LLP
  • USA
  • August 12 2009

In light of the possibility that several hundred FDIC-insured banks and thrifts may fail in the next two- to three-year period, many clients and friends of the firm have requested a summary of the legal concerns that arise for officers and directors immediately following the seizure of an institution by the FDIC, as well as steps that may be taken to be better prepared before a failure


Barney Frank introduces bill to prohibit insurance policies against compensation clawbacks at financial institutions
  • Winston & Strawn LLP
  • USA
  • June 1 2012

Ever since I blogged on the availability of insurance to protect executives from compensation clawbacks, reporters, seminar attendees and others ask me for more information on these policies


Can D&O insurance cover banks anymore?
  • Sedgwick LLP
  • USA
  • June 12 2012

Last week, Democratic Rep. Barney Frank of Massachusetts introduced H.R. 5860


District court refuses to apply business judgment rule to claims against officers
  • Allen Matkins Leck Gamble Mallory & Natsis LLP
  • USA
  • June 21 2012

Since 2008, a total of 38 banks have failed in California