We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search

Clear all

Refine your search

Content type

Tags

Author

15 results found

Article

Locke Lord LLP | USA | 10 Jun 2010

Court denies Wells Fargo’s motion to dismiss on statute of limitations grounds

The United States District Court for the Northern District of California recently granted in part and denied in part motions to dismiss a class action brought by a class of purchasers of mortgage pass-through certificates.

Article

Locke Lord LLP | USA | 29 Mar 2010

District of New Jersey dismisses securities fraud claims against company that suffered data breach

Late last year, the United States District Court for the District of New Jersey dismissed a securities fraud litigation that had been brought against a payment card processor in connection with the theft, by cybercriminals, of credit and debit card information from the company's computer system.

Article

Locke Lord LLP | Switzerland, European Union | 8 Feb 2010

The Committee of European Insurance and Occupational Pensions Supervisors and the Swiss insurance supervisor agree to enhance supervisory cooperation

The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has recently announced that it has agreed to further enhance supervisory cooperation with the Swiss insurance supervisor, the Swiss Financial Market Supervisory Authority (FINMA).

Article

Locke Lord LLP | USA | 27 Jan 2010

Tenth Circuit holds demand sent to former partner of insured law firm triggered notice provision of claims made and reported policy

The Tenth Circuit recently held that a law firm was not entitled to coverage from its malpractice insurer because a former partner of the firm had received a demand, unbeknownst to the firm, prior to the policy period.

Article

Locke Lord LLP | United Kingdom | 7 Jan 2010

English High Court decides that a non-creditor can be established as a "victim" of a transaction at an undervalue

In Clydesdale Financial Services Ltd and others v Robert Smailes and others 2009 EWHC 3190 (Ch), the principal issues before the Court were whether the third claimant, Focus Insurance Company Ltd (Focus), had a real prospect of success in its claims to be, first, a creditor (under the Insolvency Act 1986) of the fifth defendant, Alexander Samuel LLP (LLP) in respect of unpaid premiums and, second, a "victim" under ss.423-425 of the Insolvency Act 1986 of the sale of LLP's business to Jiva Solicitors LLP (Jiva) effected around the same time as it went into administration.

Article

Locke Lord LLP | USA | 4 Jan 2010

Broadcom settles options backdating securities class action

On December 29, 2009, Broadcom announced that it had agreed in principle to pay $160.5 million to settle a securities class action pending in United States District Court for the Central District of California against the company and certain of its current and former officers and directors.

Article

Locke Lord LLP | USA | 3 Nov 2009

Southern District of New York confirms arbitration award dismissing fraud claims on summary judgment

In a recent decision of the United States District Court for the Southern District of New York, TIG Ins. Co. v. Global Int’l Reins. Co., Ltd., No. 09 Civ. 1289 (Aug. 7, 2009), the court ruled that an arbitrator’s decision to ignore certain evidence is not a proper ground for vacating an arbitration award.

Article

Locke Lord LLP | USA | 30 Jul 2009

OGC opinion: third party may not bring direct action against insurer in foreign jurisdiction pursuant to new Insurance Law 3420

The New York Insurance Department’s (“NYID”) Office of General Counsel (“OGC”) recently issued an OGC Opinion (No. 09-06-08) representing the position of the NYID in respect of four distinct queries regarding the recent amendment to Insurance Law 3420, which we have closely followed and written about in this blog.

Article

Locke Lord LLP | USA | 30 Jul 2009

OGC opinion: Insurance Law 3420 also applies to policies issued in NY but delivered out of state

The New York Insurance Department’s (“NYID”) Office of General Counsel (“OGC”) recently issued an OGC Opinion (No. 09-06-08) representing the position of the NYID in respect of four distinct queries regarding the recent amendment to Insurance Law 3420, which we have closely followed and written about in this blog.

Article

Locke Lord LLP | USA | 30 Jul 2009

OGC opinion: new prejudice rule set forth in Insurance Law 3420 may also be incorporated in non-liability policies at insurer's option

The New York Insurance Department’s (“NYID”) Office of General Counsel (“OGC”) recently issued an OGC Opinion (No. 09-06-08) representing the position of the NYID in respect of four distinct queries regarding the recent amendment to Insurance Law 3420, which we have closely followed and written about in this blog.

Previous page 1 2