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Results: 1-10 of 148

Connecticut trial court holds that “general business practice” element of an unfair settlement practice claim requires multiple acts of misconduct against multiple insureds
  • Locke Lord LLP
  • USA
  • February 5 2010

A Connecticut trial court recently held that the “general business practice” element of an unfair settlement practice claim under the Connecticut Unfair Insurance Practices Act, Conn. Gen. Stat. 38a-816(6) (“CUIPA”) requires that a plaintiff prove multiple unfair practices by an insurer against more than one insured


Trustees' duties in employee life assurance schemes
  • Locke Lord LLP
  • United Kingdom
  • January 7 2010

In Ms Jacqueline Power v (1) The Trustees of the Open Text (UK) Limited Group Life Assurance Scheme (2) Open Text (UK) Limited 2009 EWHC 3064 (Ch), the High Court considered whether either the trustee of an employee life assurance scheme or the employer that issued the scheme was under a duty to consider the level of cover provided under the scheme and whether the trustee was under a duty to consider whether the cover was appropriate


Italian government and EU are named as defendants in Eternit asbestos proceeding
  • Locke Lord LLP
  • European Union, Italy
  • February 4 2010

The criminal proceedings in Turin against the former heads of asbestos giant Eternit have taken a new turn


Broadcom settles options backdating securities class action
  • Locke Lord LLP
  • USA
  • January 4 2010

On December 29, 2009, Broadcom announced that it had agreed in principle to pay $160.5 million to settle a securities class action pending in United States District Court for the Central District of California against the company and certain of its current and former officers and directors


Connecticut jury awards $14.7 million against insurer for violation of Unfair Trade Practices Act in auto body shop class action lawsuit
  • Locke Lord LLP
  • USA
  • February 8 2010

In a class action lawsuit brought by various auto body shops and the Auto Body Association of Connecticut, a Connecticut jury recently rendered a $14.7 million verdict against an insurance company for allegedly violating the Connecticut Unfair Trade Practices Act


Anti-suit injunctions
  • Locke Lord LLP
  • United Kingdom
  • February 8 2010

Shashoua and another v. Sharma 2010 EWCA Civ 15 concerned an application to the Court of Appeal by Sharma for permission to appeal a procedural aspect of the High Court's decision in (1) Roger Shashoua (2) Rodemadan Holdings Ltd (3) Stancroft Trust Ltd v Mukesh Sharma 2009 EWHC 957 (Comm


Law Commission publishes paper on damages for late payment and the insurer's duty of good faith
  • Locke Lord LLP
  • United Kingdom
  • March 26 2010

The Law Commission has published an Issues Paper considering whether an insurer should be liable for loss caused as a result of its unjustified refusal to pay a claim


Jury awards $141 million against Pfizer in connection with off-label use of Neurontin
  • Locke Lord LLP
  • USA
  • April 7 2010

A federal jury in Boston recently returned a verdict against Pfizer Inc. in connection with claims that Pfizer unlawfully promoted off-label uses of its anti-epilepsy drug Neurontin


Court of Appeal rules on causation issues following negligent professional advice
  • Locke Lord LLP
  • United Kingdom
  • May 24 2010

In Levicom International Holdings BV and anr v Linklaters (a firm) 2010 EWCA Civ 494, Levicom appealed against the first instance decision of Mr Justice Andrew Smith that, although Linklaters had negligently advised Levicom, Levicom had suffered no damage as a consequence because it would have proceeded in the manner that it had even if it had received non-negligent or proper advice


International Public Company D&O: Status & Trends - Canada
  • Locke Lord LLP
  • Canada
  • April 14 2010

Class action securities claims are a perennially interesting topic for attorneys and companies around the world and across industries