A California federal judge ruled that excess insurer Axis Reinsurance Co. may recoup some of what it paid to settle an Employee Retirement Income Security Act suit against Northrop Grumman Corp. in a decision made public Monday, saying Northrop’s lower-level carriers prematurely exhausted their limits.
A federal magistrate judge has agreed to toss a suit against the Federal Insurance Co. and other parties that had alleged an Alabama man wrongly had a claim for life insurance payments denied following the death of his wife.
A former Delta Air Lines Inc. pilot hit a Chubb unit with a proposed Employee Retirement Income Security Act class action in Washington federal court Monday, alleging the insurer wrongly denied him interest owed for failing to timely pay him benefits after his late wife’s death.
New York regulators on Monday handed CVS Health Corp. the final approval needed for its $69 billion purchase of Aetna Inc., which the companies said will be tied up by midweek.
Disney can’t get its way over how arbitration should occur in a fight for insurance coverage linked to the “pink slime” news reports aired by subsidiary ABC, a Canadian appeals court ruled Friday, saying the entertainment giant’s reading of the insurance contract didn’t make sense.
A Philadelphia-area attorney allegedly botched a client's two property damage and insurance cases by failing to hire any experts to connect the damage to the defendants, according to a malpractice lawsuit filed against him in state court.
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.
In an era when law firms are fighting for business and clients can dictate the terms of the relationship, "value" has become a moving target. Firms that take a proactive approach by using strategies designed to articulate value over time will gain the competitive advantage, says Dan Tacone at Intapp Inc.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Pier D'Angelo, chief pricing and practice officer at Allens.
The Sixth Circuit's recent decision in KVG v. Westfield underscores that all insureds should take care to avoid admissions that may be used against them in subsequent litigation over coverage for their losses, say David Kroeger and Edward Vrtis of Jenner & Block LLP.
In the two years since the American Bar Association's controversial anti-discrimination and harassment rule, only one state has adopted it, while numerous state supreme courts, state attorneys general and legal groups have correctly rejected Model Rule 8.4(g) as a threat to lawyers' First Amendment rights, says Bradley Abramson, an attorney with Alliance Defending Freedom.
In the aftermath of Justice Brett Kavanaugh's confirmation, the U.S. Supreme Court should decline review of the nation's most polarizing political questions unless and until the questions become time-sensitive, says Alexander Klein, head of the commercial litigation group at Barket Epstein Kearon Aldea & LoTurco LLP.
In this series featuring law school luminaries, Boston College Law School professor Kent Greenfield reflects on his corporate law theories, his legal battle with the Pentagon over free speech and gay rights, and important constitutional law issues to watch out for.
Whether Justice Brett Kavanaugh’s prior statements may be grounds for disqualification when it comes to judging certain cases is debatable, but there are no specific recusal guidelines for the U.S. Supreme Court. The justices themselves don’t even agree on where to draw the line when it comes to perceived political bias, says Donald Scarinci, a founding partner of Scarinci Hollenbeck LLC.
As technology evolves, law firms are increasingly looking for ways to improve communication, transparency and service for their clients. Firms should put knowledge management at the core of their value proposition to create a competitive advantage, says Rob MacAdam at HighQ.
The Texas Supreme Court has made clear that a party seeking to avoid appraisal in an insurance dispute has a high burden to establish waiver. Two decisions in the last couple months highlight key points underlying a court’s analysis in determining waiver, say Kristin Cummings and Victoria Vish of Zelle LLP.
Many policyholders instinctively oppose the inclusion of alternative dispute resolution clauses in their insurance policies. However, given the complexity of cyber coverage disputes, businesses should consider the confidentiality and cost-effectiveness that ADR can offer, say members of JAMS and Zeichner Ellman & Krause LLP.