We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 148

Subrogation and conditional fee agreements
  • Locke Lord LLP
  • United Kingdom
  • June 3 2010

In Sousa v London Borough of Waltham Forest (CC (Leeds) (John Behrens) 1212010) the court found that an insurer, having brought a subrogated claim, was entitled to recover from the defendant a success fee paid under a Conditional Fee Agreement (CFA) as part of the insurer's costs of the subrogated claim, in which the insurer had been successful


Lloyd’s syndicates file declaratory judgment action against BP
  • Locke Lord LLP
  • USA
  • June 1 2010

On April 20, 2010, an explosion on the Deepwater Horizon rig in the Gulf of Mexico touched off a subsurface leak in a BP oil well at the ocean's floor


Federal court finds that limit of liability cap in facultative certificate includes a cedent’s defense expenses
  • Locke Lord LLP
  • USA
  • June 1 2010

Pacific Employers Insurance Company ("PEIC") entered into a facultative reinsurance certificate with Global Reinsurance Corporation of America, fka Constitution Reinsurance Corporation ("Global"), which reinsured an umbrella commercial liability insurance policy issued by PEIC to Buffalo Forge Company


Federal court rules no coverage for Chinese drywall damages under homeowner’s policy
  • Locke Lord LLP
  • USA
  • June 7 2010

On June 3, 2010 Judge Robert G. Doumar of the U.S. District Court for the Eastern District of Virginia found that a homeowner’s policy did not cover damages associated with Chinese manufactured drywall


Court holds coverage for Madoff suits excluded under policy’s insolvency exclusion
  • Locke Lord LLP
  • USA
  • June 8 2010

The US District Court for the District of Connecticut recently dismissed a customer suit against an insurer, based upon its determination that all of the underlying claims were excluded by the policy's Insolvency Exclusion


Iowa Supreme Court upholds denial of coverage to life insurer for failure to disclose applicants’ HIV positive status
  • Locke Lord LLP
  • USA
  • June 7 2010

In Farm Bureau Life Insurance Co. v. Chubb Custom Insurance Co. et al., the Iowa Supreme Court affirmed the district court’s ruling that Farm Bureau was not entitled to liability coverage in its disputes with two applicants that were HIV positive


Court denies Wells Fargo’s motion to dismiss on statute of limitations grounds
  • Locke Lord LLP
  • USA
  • June 10 2010

The United States District Court for the Northern District of California recently granted in part and denied in part motions to dismiss a class action brought by a class of purchasers of mortgage pass-through certificates


U.S. Supreme Court rules on class arbitration, addresses manifest disregard of the law
  • Locke Lord LLP
  • USA
  • May 12 2010

Petitioners ("Stolt-Nielsen") entered into a contract with respondent AnimalFeeds International Corporation that contained an arbitration clause


SDFL judge finds for Wachovia in unique auction rate securities suit
  • Locke Lord LLP
  • USA
  • May 18 2010

A federal judge in the United States District Court for the Southern District of Florida recently issued findings of fact and conclusions of law following a bench trial in favor of Wachovia in a suit brought by investors who were unable to liquidate certain Auction Rate Securities ("ARS") originally purchased through Wachovia


Court of Appeal considers whether lack of client care letter prevents recovery of insured costs
  • Locke Lord LLP
  • United Kingdom
  • July 23 2010

In Ghadami and Ghadami v Lyon Cole Insurance Group 2010 EWCA Civ 767, the Court of Appeal considered whether the deputy judge at first instance had erred in assessing that the claimant's liability was limited to paying the excess of the insurance policy