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Results: 1-10 of 149

ERISA litigation: an update from the ALI-ABA conference on financial and insurance litigation
  • Locke Lord LLP
  • USA
  • July 21 2010

ERISA litigation, once considered a dull backwater of the law, has been gaining increased interest and attention in recent years: the result of an aging population and an increasingly sophisticated and aggressive plaintiffs' bar


Class action procedure: the latest developments from ALI-ABA conference on insurance and financial services litigation
  • Locke Lord LLP
  • USA
  • July 19 2010

This panel offered the insights of a federal district court judge, defense counsel and plaintiffs' counsel regarding Class Action Procedure, focusing on trends regarding the class certification process


Madoff fallout extends to insurance coverage
  • Locke Lord LLP
  • USA
  • July 15 2010

In addition to the panel on class actions (which we blogged about here), we attended an interesting panel this morning about a less publicized outgrowth from the Madoff litigation -- insurance coverage litigation


New York state court finds that follow the settlements doctrine does not apply
  • Locke Lord LLP
  • USA
  • July 21 2010

In American Home Assurance Co. v. American Re-Insurance Co., No. 60248506 (N.Y. Sup. Ct. May 27, 2010), the plaintiffs, several ceding companies, brought a declaratory judgment action against certain reinsurers (collectively, the “Reinsurers”) seeking reimbursement for portions of a settlement plaintiffs made with their insured, Monsanto Corporation


Delaware Bankruptcy Court rules that directors & officers may access eroding policy despite company’s bankruptcy
  • Locke Lord LLP
  • USA
  • July 22 2010

A federal judge has ruled that directors and officers of a company in bankruptcy proceedings may continue to access an eroding liability policy to cover their defense costs


English Commercial Court considers challenge to an arbitration award
  • Locke Lord LLP
  • United Kingdom
  • July 23 2010

In B v A 2010 EWHC 1626 (Comm), Mr Justice Tomlinson was asked to determine a preliminary issue concerning whether the claimant (B) had a realistic prospect of challenging an arbitration award (the Award) under sections 67 and 68 of the Arbitration Act 1996 (the Act


English High Court rules on purported avoidance of after-the-event insurance
  • Locke Lord LLP
  • United Kingdom
  • July 22 2010

In Persimmon Homes Ltd v Great Lakes Reinsurance (UK) Plc 2010 EWHC 1705 (Comm), the High Court ruled that dishonesty on the part of a claimant which has taken out after the event (ATE) insurance can amount to a material non-disclosure such that the insurer may avoid the policy


Court of Appeal rejects insurers' appeal for access to privileged documents held by the Law Society
  • Locke Lord LLP
  • United Kingdom
  • July 22 2010

The Court of Appeal has affirmed a High Court decision that prevents solicitors' insurers from gaining access to privileged documents held by the Law Society after an intervention in the firm


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


Update from RAA Re Contracts Conference presentation on extra contractual obligations and losses in excess of policy limits
  • Locke Lord LLP
  • USA
  • July 23 2010

We have been tracking developments at the RAA Re Contracts Conference, which took place this week in New York, as previously reported on www