Payroll, benefits, human resources and insurance services provider Paychex Inc. said on Monday that it has agreed to buy privately owned professional employer organization and human resources outsourcing service Oasis Outsourcing Acquisition Corp. for $1.2 billion in a deal that was guided by Nixon Peabody LLP.
The elite slate of attorneys chosen as Law360’s 2018 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.
The last week has seen a defunct affiliate of Stanford Financial Group sue HSBC, home shopping channel QVC file a claim against Visa and the U.K.’s largest interdealer broker, TP ICAP, launch legal proceedings against its former business NEX Group. Here, Law360 looks at those and other new claims in the U.K.
A Tennessee federal jury has found that a Memphis recording studio owner and one of his tenants owe Hanover Insurance $2.45 million for lying about their losses after an arson damaged the studio, but also that the insurer must pay $2.75 million to another tenant at the studio.
Despite ruling that the mere existence of a judge's Facebook friendship with an opposing counsel is not grounds for disqualification, the Florida Supreme Court's recent decision still should have granted the underlying disqualification bid based on existing precedent when the motion was filed, the petitioning law firm has argued.
The largest creditor of bankrupt ticket brokerage and alleged Ponzi scheme vehicle National Events Holding LLC has again objected to a proposed $1.65 million settlement between the debtor’s trustee and its directors and officers insurer, and is fighting a bid to roll several closely associated entities into the Chapter 7 case.
A worker’s compensation insurer needs the consent and participation of an injured worker in order to bring claims against the parties responsible for the injury, and merely claiming a lawsuit was filed “on behalf of” the injured worker is insufficient, a split Supreme Court of Pennsylvania ruled Wednesday.
A Mississippi federal judge ruled Wednesday that Wesco Insurance Co. has no duty to defend or indemnify a landscaping company against a lawsuit brought by a worker whose arm was severed by machinery during a job, holding that a policy exclusion for claims brought by employees unambiguously bars coverage.
A Seventh Circuit panel has tossed a proposed class action that claimed Jones Motor Co. Inc. denied workers’ compensation benefits to a group of truckers by misclassifying them as independent contractors, saying the case does not belong in federal court.
Three law firms representing investors suing AbbVie Inc. in a proposed class action over its allegedly illegal strategy to market its blockbuster drug Humira have each asked an Illinois federal judge to appoint it as lead counsel in the case.
U.S. Bank National Association urged a New York federal court Tuesday to dismiss a suit over a “paltry” settlement the bank reached as trustee of mortgage-backed securities that were allegedly backed by bad Countrywide loans, saying any injury hinges on court approval of the deal.
The Consumer Financial Protection Bureau said Tuesday that a Santander consumer finance unit has agreed to pay a $2.5 million fine and more than $9 million in restitution as part of a settlement resolving claims over its disclosures related to an auto loan add-on product and auto loan extensions.
A Venezuelan billionaire television mogul has been indicted by federal prosecutors for allegedly violating the Foreign Corrupt Practices Act by bribing officials in the South American country as part of a billion-dollar currency exchange and money laundering scheme, the U.S. Justice Department announced on Tuesday.
Delaware's high court on Tuesday vacated a nearly $16 million bad faith award against Homeland Insurance Co. of New York over the insurer's refusal to cover CorVel Corp.'s costs in suits accusing it of improperly discounting medical services payments, holding that CorVel's claim was time-barred.
Attorneys for a coalition of residents who suffered property damage and losses from the Woolsey Fire that tore through Los Angeles and Ventura counties announced on Tuesday they had sued Southern California Edison in state court over its alleged role in starting the blaze.
The insurer for a Delaware opera house launched a federal lawsuit Monday against a company tasked with installing and monitoring the building’s heating, ventilation and air conditioning system, alleging the business is directly responsible for a system failure that led to widespread water damage at the facility.
The Fifth Circuit has held that multiple collisions caused by a runaway tractor-trailer are a single accident subject to a $1 million limit in the truck owner’s primary policy with Mid-Continent Insurance Co., reversing a lower court’s ruling that the company is liable for an additional sum an excess insurer paid to settle claims stemming from the crashes.
Great American Insurance Co. says a contractor left it holding the bill for $3.4 million in unpaid costs for the construction of a natural gas facility, and sued in Pennsylvania federal court Monday to compel the contractor to put down some collateral and open its books for inspection.
The New Jersey Supreme Court has declined to consider a suit brought by a former Prudential employee against a local law firm that she says improperly steered her racial bias suit against the company into arbitration.
The New York chapter of an insurance industry trade group filed suit Friday seeking to invalidate a state agency regulation requiring agents and brokers to act in consumers' "best interest" when selling life insurance policies and annuities, saying the regulator overstepped its bounds and the rule is impermissibly vague.
In two recent cases, Illinois courts have begun to chip away at the separation between an insurer and defense counsel when that counsel is chosen by the insurer. These incorrect rulings create confusion about whose interests counsel is representing, say Brian Bassett and Kyle Dickinson of Traub Lieberman Straus & Shrewsberry LLP.
By 2030, it is possible that 75 percent of lawyers practicing in the U.S. will be millennials. A broadened focus on retention and advancement of all young lawyers is therefore a logical step forward but it fails to address another major retention issue that law firms should explore, says Susan Smith Blakely of LegalPerspectives LLC.
While the California Supreme Court has held that summary judgment is no longer a disfavored remedy, two recent California Court of Appeal decisions demonstrate a continuing ambivalence concerning a trial court’s discretion to grant summary judgment, say attorneys with Horvitz & Levy LLP.
Former U.S. Attorney for the District of Idaho Wendy Olson discusses her decades of experience prosecuting white collar crimes and civil rights violations, her work and challenges as U.S. attorney, and her move to private practice.
Anthony Thompson’s "Dangerous Leaders: How and Why Lawyers Must Be Taught to Lead" explores the conflict many lawyers face when charged with the responsibility of leadership. The book is an excellent read for all lawyers, says U.S. District Chief Judge Nannette Jolivette Brown of the Eastern District of Louisiana.
Trial lawyers are frequently taught that they should appear invisible during direct examination — that their job is merely to prompt the witness to start speaking. But the most powerful direct examinations are the ones in which the examiner, not the witness, is controlling the pace, say attorneys with Kobre & Kim LLP.
By combining effective education, prevention, behavioral health care and evidence-based treatment, health insurance providers are making real progress in the fight against opioid addiction, says Matthew Eyles of America's Health Insurance Plans.
The National Association of Insurance Commissioners' Big Data Working Group has turned its attention to the use of big data in life insurance underwriting. Carriers should prepare to respond and be able to accurately describe their new underwriting processes, tools and data points, say Ann Black and Jamie Bigayer of Carlton Fields Jorden Burt PA.
The Florida Supreme Court's recent decision in Geico v. Harvey is part of an ever-expanding trend to create a negligence standard against insurers, seemingly turning a blind eye to the myriad of sophisticated bad faith setup schemes, say Rory Jurman and Vanessa Alvarez of Fowler White Burnett PA.
Benefit concierge services can help employers realize a greater return on investment by increasing employees’ awareness of available benefits. However, they raise several legal issues, including considerations under the Health Insurance Portability and Accountability Act and the Employee Retirement Income Security Act, say Kendra Roberson and Chris Lowther of Covington & Burling LLP.