Locke Lord LLP | Bermuda, China | 15 Dec 2010
On December 2 2010, Bermuda signed a Tax Information Exchange Agreement ("TIEA") with the People's Republic of China in an effort to strengthen the economic and political ties between the two countries.
Locke Lord LLP | European Union | 8 Dec 2010
The High Court has given another lengthy ruling on issues arising in the administration of Lehman Brothers International (Europe) (LBIE).
Locke Lord LLP | European Union | 2 Dec 2010
On 26 November 2010, the European Commission opened a consultation period on the review of the Insurance Mediation Directive (IMD) in order to allow stakeholders to provide comments and opinion on the current IMD provisions and the possible policy changes that could be made in the future.
Locke Lord LLP | USA | 4 Nov 2010
R&Q Reinsurance Co. v. American Motorist Ins. Co., involved a dispute arising under a series of reinsurance treaties entered into by the parties.
Locke Lord LLP | USA | 2 Nov 2010
After a preliminary injunction hearing, the United States District Court for the Southern District of Texas has determined that D&O insurers for the Stanford Financial Group and various related entities are no longer required to advance defense costs relating to criminal charges and civil litigation filed against Mark Kuhrt, Gilbert Lopez and R.
Locke Lord LLP | USA | 1 Nov 2010
The low-income housing tax credit ("LIHTC") market has seen a surge in investments by insurance companies over the last year.
Locke Lord LLP | USA | 28 Oct 2010
The New York Times and its reporter Ron Nixon (collectively the "Times") brought an action pursuant to the Freedom of Information Act (the "Act") against the United States Treasury in the New York Southern District court.
Locke Lord LLP | USA | 20 Sep 2010
A dispute arose between Certain Underwriters at Lloyd’s London and R.A. Wilson & Associates, Ltd concerning an insurance policy.
Locke Lord LLP | USA | 9 Sep 2010
A Maryland bankruptcy court has declared that Side A benefits under a D&O policy are not property of the bankrupt estate, with the result that two former executives who have been accused of making illegal payments and diverting funds from their former employer to start a new venture may be able to recoup certain defense costs.
Locke Lord LLP | USA | 13 Aug 2010
Media reports suggest that BP's D&O insurers could face significant exposure to claims stemming from the Deepwater Horizon disaster.