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Financial services update January 8 2014 judicial developments
  • Winston & Strawn LLP
  • USA
  • January 8 2014

On December 26th, the Seventh Circuit granted the wish of a commodity pool operator who was convicted of money laundering and mail fraud charges

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

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

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

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

Supreme Court surprises again: RESPA standing case dismissed by Supreme Court as improvidently granted
  • Dykema Gossett PLLC
  • USA
  • July 2 2012

The June 28, 2012 ruling on the Affordable Care Act was not the only surprise that came out of the Supreme Court last week

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

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

The Dodd-Frank Wall Street Reform and Consumer Protection Act
  • Greenberg Traurig LLP
  • USA
  • July 22 2010

Broken or not it's being fixed