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Results:1-10 of 46

Coventree Inc. v. Lloyds Syndicate 1221 (Millenium Syndicate)
  • Harper Grey LLP
  • Canada
  • November 15 2011

Coventree Inc. ("Coventree") was successful in obtaining a declaration that an insurance policy issued by an insurer ("Lloyds") was operative despite the fact that notice of the claim had been provided to an earlier D&O insurer where the Court held that Lloyds had waived the right to rely on the earlier notice.


Lloyd's Market drafts exclusion to ensure compliance with Iran sanctions
  • Locke Lord LLP
  • USA, Iran
  • August 23 2010

As previously reported in this blog, President Obama signed into law the Comprehensive Iran Sanctions, Accountability and Divestment Act of 2010 (the "Iran Sanctions Act") in July, following the less stringent sanctions passed earlier by the U.N.


Separate court case required to determine D&O coverage for former Stanford Bank executives
  • Winston & Strawn LLP
  • USA
  • March 22 2010

On March 16th, the Fifth Circuit held that a separate parallel coverage action was required to determine whether D&O insurers were required to pay for the defense of individual defendants in the cases stemming from the alleged Ponzi scheme perpetrated by R. Allen Stanford.


Federal judge rules that policy exclusion severely limits Port Authority's WTC claims
  • Locke Lord LLP
  • USA
  • March 3 2008

Last week, Judge Barbara Jones of the United States District Court for the Southern District of New York ruled that a policy exclusion in the Port Authority's Policy effectively barred coverage for damage done to all but one of the buildings at the World Trade Center complex and the PATH train station.


Professional services exclusion precludes coverage for improprieties by trust manager
  • Wiley Rein LLP
  • USA
  • May 15 2007

In an unreported decision, a Minnesota appellate court has held that a professional services exclusion in a policy issued to a trust management and equity-investment management firm precluded coverage for claims arising out of the firm's alleged improprieties in the management of two client trust accounts.


Dorian Drew
  • Norton Rose Fulbright

Jonathan D. Meadows
  • Harper Grey LLP