USA - August 27 2012 This has been an extraordinary year for cat bonds, with the largest single cat bond issue ever sold by a special purpose vehicle, the $750 million Everglades Re Florida hurricane risk cat bond, and a near record aggregate amount of risks placed in the market in a single year.
USA - April 18 2010 In a case of first impression at the federal appellate level, the First Circuit, in Powershare, Inc. v. Syntel, Inc., 597 F.3d 10 (1st Cir. Mar. 1, 2010), held that the appropriate standard of review to be utilized by a District Judge when reviewing a Magistrate Judge’s disposition of a motion to stay litigation pending the completion of a parallel arbitration proceeding is the clearly erroneous standard.
USA - June 16 2011 On March 7, 2011, we posted on an extensive decision of a District Court in a dispute over a reinsurance relationship which had not been documented in a written agreement
USA - November 21 2011 A number of activities of potential significance have occurred in the implementation of the Dodd-Frank Act:
USA - November 8 2011 A number of activities of potential significance have occurred in the implementation of the Dodd-Frank Act.