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BofA Can't Escape Investor's Suit Over Pandemic Losses

By Katryna Perera

A District of Columbia federal judge ruled Thursday that Bank of America must face a breach of fiduciary duty claim asserted against it by a customer who says the bank and one of its investment managers sold his assets after they lost value due to the COVID-19 pandemic, resulting in a $2 million loss.

China Eases COVID-Hit Companies' Access To Capital Markets

By Tom Zanki

The China Securities Regulatory Commission on Friday announced several relief measures designed to accelerate capital markets access for companies severely impacted by the country's latest surge in coronavirus cases and related lockdowns.

Watchdog Says Migrants Got No COVID Tests Before Flights

By Rae Ann Varona

A U.S. Department of Homeland Security watchdog found that Immigration and Customs Enforcement were not ensuring migrants were tested for COVID-19 before being transported on domestic commercial flights, despite guidelines requiring it to do so.

Miami Restaurant Asks To Revive COVID-19 Coverage Suit

By Carolina Bolado

A Miami restaurant asked the Eleventh Circuit on Friday to revive its proposed class suit seeking coverage for COVID-19-related business disruptions, arguing that the restaurant expressly alleged that the virus infiltrated the restaurant and rendered it temporarily unsafe.

Restaurants Lose $40B Small-Business Relief Vote In Senate

By Joyce Hanson

A $40 billion measure to rescue the struggling restaurant industry as the COVID-19 pandemic drags on failed to pass the U.S. Senate on Thursday, disappointing activists who predict that more than half of the eateries that sought funding could close following the vote.

Military Commands Misspent $19M In COVID Relief, OIG Says

By Alyssa Aquino

Two military commands spent more than $19 million in COVID-19 relief funds on space-related data analytics and cloud environment software that couldn't be connected to their pandemic response efforts, the Pentagon's inspector general reported on Thursday.

Expert Analysis

Pandemic Losses Do Not Trigger Biz Interruption Coverage

Although Law360 has reported that there may be hope for policyholders seeking property insurance coverage for pandemic-related losses, basic contract principles and overwhelming case law show the opposite, say attorneys at Dentons.

What The Latest Calif. COVID Standards Mean For Employers

While many of the recent changes to the California Occupational Safety and Health Standards Board's COVID-19 emergency temporary standards are minor, they can significantly affect employers' day-to-day operations, including protocols for testing, masks and more, says Jared Speier at Stradling Yocca.

New Suspension And Debarment Report Shows Innovation

A recent, long-awaited report to Congress about federal agencies' suspension and debarment activities in fiscal year 2020 has made some innovative changes and provides helpful insight into the Interagency Suspension and Debarment Committee's practices, but also raises some new questions, say David Robbins and Sati Harutyunyan at Jenner & Block.


May 19, 2022 05:31 PM

Liquor Chain, Workers Seek Final OK For COVID Pay Deal

May 19, 2022 05:13 PM

WTO Talks On Vaccine Patents Falter As Pandemic Surges

May 19, 2022 04:36 PM

7th Circ. Skeptical Of Students' Pandemic Fee Dispute

May 19, 2022 11:51 AM

Boston Activist Wants Quick Trial In Fraud, COVID Scam Case

May 19, 2022 05:12 PM

Marriott Unit Didn't Nix Event Deal Despite COVID, Co. Says

May 19, 2022 07:11 PM

Insurer Pans Expert Testimony In Virus Suit Ahead Of Trial

May 19, 2022 03:06 PM

Cigna Can't Evade NJ Lab's $1.5M COVID-19 Coverage Suit

May 19, 2022 08:55 PM

Wells Fargo And PNC Look To Toss Beverly Hills Hotel Suit

May 18, 2022 06:39 PM

DocuSign Leaders Face Investor Suit Over Pandemic Growth

May 18, 2022 07:18 PM

Fla. Asks 11th Circ. To Reinstate Vaccine Passport Ban

May 18, 2022 07:22 PM

Conn. Bar Loses Stay Bid In Virus Coverage Suit With AIG Unit

May 18, 2022 01:26 PM

Insurer Wants Yankees Broadcaster Suit Axed Or Moved To NY

May 18, 2022 06:25 PM

ASBCA Denies Biz Reimbursement Over COVID Base Closure

May 17, 2022 04:04 PM

Manufacturing, Hospitality Top Virus Credit Claims, GAO Says

May 17, 2022 08:18 PM

Hospitality Org, Tribe Back Dentist's Virus Coverage Appeal

May 17, 2022 03:30 PM

School Bus Co. Says Former Client, Rival Poaching Drivers

May 17, 2022 11:48 AM

Allianz Unit Pleads Guilty In $6B Investor Fraud Settlement

May 17, 2022 01:01 PM

COVID-19 Map: Where Virus Coverage Litigation Stands

May 17, 2022 06:04 PM

Tulane Loses Bid For $10M In Pandemic Coverage

May 17, 2022 02:59 PM

Key Rulings And Cases As COVID Claimed 1M American Lives
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