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New York Court of Appeals holds insurers cannot rely on policy exclusions to escape coverage duties

USA - July 19 2013 In K2 Investment v. American Guarantee, 2013 WL 2475869 (N.Y. Ct. App. June 11, 2013), the Court of Appeals of New York, relying on dicta in its…

Julius A. Rousseau, III, Michael S. Cryan, James M. Westerlind

US Supreme Court 2013 term — some key arbitration rulings and decisions

USA - July 10 2013 The United States Supreme Court's term ended late last month, marking the close of a session where the Court confronted key issues in arbitration…

Asari A. Aniagolu, Timothy J. Feighery, Robert C. O'Brien

Second Circuit holds that excess insurance coverage is triggered by actual “payment of losses,” not merely accrual of liability

USA - June 21 2013 In Ali v. Fed. Ins. Co., 11-5000-CV, 2013 WL 2396046 (2d Cir. June 4, 2013), the Second Circuit held that coverage under an excess insurance policy…

Eric A. Biderman, Peter G. Mancuso, Steven E. Bledsoe, Michael S. Cryan, Stephen G. Larson

New York’s status as prime arbitration venue bolstered with opening of the New York International Arbitration Center

USA - May 6 2013 A new world-class hearing space will open its doors in New York City on July 1, 2013. The New York International Arbitration Center (NYIAC) &mdash…

Bernice K. Leber, Hunter T. Carter, Matthew J. Clark, Timothy J. Feighery, Stephen G. Larson

New York Court of Appeals affirms ‘follow the settlements’ doctrine but requires allocations to be ‘objectively reasonable’

USA - February 22 2013 In U.S. Fid. & Guar. Co. v. American Re-Ins. Co., 2013 WL 451666, 2013 N.Y. Slip Op. 00784 (N.Y. Feb. 7, 2013), the New York Court of Appeals…

Eric A. Biderman, Julius A. Rousseau, III, Peter G. Mancuso, Michael S. Cryan, James M. Westerlind