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Staking claims: unclaimed property update Q1 2013

USA - April 5 2013 April 2, 2013 - Yesterday's litigation developments in West Virginia and Kentucky put an exclamation point on the abundant activity occurring in the…

Anthony Cicchetti, Stephanie Fichera, Steven Kass

Chinese drywall update recent Florida decisions uphold policy exclusions barring Chinese drywall claims

USA - March 20 2012 Two recent Florida district court decisions have sided with insurers, holding that they have no duty to defend or indemnify their insureds for Chinese drywall claims.

Faber v. Metropolitan Life Insurance Company - MetLife's use of retained asset accounts is not a breach of fiduciary duty under ERISA

USA - August 9 2011 On August 5, 2011, the Second Circuit Court of Appeals issued its much-anticipated decision in Faber v. Metropolitan Life Insurance Co ., affirming the dismissal of the plaintiff's putative class action that alleged MetLife breached its ERISA fiduciary duties by distributing ERISA-governed life insurance benefits through Retained Asset Accounts.

Waldemar Pflepsen, Robin Sanders

Health plan is entitled to reimbursement from settlement proceeds recovered by employee

USA - March 30 2011 The Eleventh Circuit Court of Appeals recently ruled that, where the plain language of an employer sponsored plan so provides, the plan is entitled to full reimbursement for medical benefits that the employer paid on its employee's behalf.

The Department of Labor provides the Second Circuit with its views regarding retained asset accounts

USA - February 22 2011 At the request of the Second Circuit Court of Appeals, the Department of Labor, on February 17, 2011, submitted a letter brief in the pending Faber v. Metropolitan Life Insurance Co. appeal.

Waldemar Pflepsen, Robin Sanders