Del. Justices Reject CVS Bid For Opioid Claim Insurance

By Jeff Montgomery

CVS Corp. lost its bid on Monday for Delaware Supreme Court reversal of a lower court ruling rejecting the healthcare giant's argument that insurers should cover government, hospital and third-party payer claims for economic losses related to the company's opioid dispensing practices.

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NJ Law Firm Not Covered In Malpractice Suit, Court Says

By Hope Patti

An insurer has no duty to defend or indemnify a Princeton law firm against a malpractice suit alleging that one of its attorneys assisted a client in misappropriating her husband's assets, a New Jersey federal court ruled Monday, finding that a prior knowledge exclusion bars coverage.

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Insurers Avoid Defending Ericsson In Terrorist Payment Suits

By Ganesh Setty

Units of Travelers and Chubb have no duty to defend Swedish telecommunications company Ericsson Inc. over claims it paid protection money to foreign terrorist organizations so its projects and other business interests wouldn't be attacked, a Texas federal court ruled Monday.

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Travelers Unit Doesn't Owe Coverage For Mich. Building Fire

By Hope Patti

A Travelers unit does not owe coverage for a 2023 building fire, a Michigan federal court ruled, finding that the property owner failed to install and maintain an automatic fire alarm system as required by the policy.

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Insurer, Kennel Settle Coverage Dispute Over Nuisance Claims

By Hope Patti

A Hanover unit and a dog kennel have resolved a dispute over coverage for an underlying suit alleging that the kennel's expansion interfered with a Golden State community's rights of possession, according to a California federal court filing.

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Progressive Must Cover $6M Title Insurer Judgment, Mall Says

By Ganesh Setty

Progressive must cover a more than $6 million judgment against a title insurance agency that Progressive insured, the owner of a New Jersey shopping center told a Pennsylvania state court, arguing that Progressive-appointed counsel rejected prior settlement opportunities in bad faith.

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Goldberg Segalla Adds Employment, Insurance Attys In NYC

By James Boyle

Goldberg Segalla LLP announced Monday that it has grown its employment and insurance services in New York with the recent addition of two attorneys who moved their practices from Gordon Rees Scully Mansukhani LLP and Clyde & Co. LLP.

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It Ends With Us Having No Coverage?

A recent suit filed by Harco National Insurance disclaiming coverage for Wayfarer and Justin Baldoni's defense against Blake Lively's claims in the "It Ends With Us" legal saga demonstrates that policyholders should be particularly cautious when negotiating prior knowledge exclusions in their claims-made policies, says Meagan Cyrus at Shumaker.

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Rebuttal

BigLaw Settlements Should Not Spur Ethics Deregulation

A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project.

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Litigation Funder Burford Eyes Investments In US Law Firms

By Ryan Boysen

Burford Capital LLC, the world's largest litigation funder, is eyeing an investment model to put money directly in U.S. law firms after years of investing in U.S. lawsuits, its chief development officer told Law360 Pulse.

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Fired DOJ Antitrust Deputy Warns Of Lobbyist Influence

By Matthew Perlman

The former top deputy for the U.S. Department of Justice Antitrust Division, Roger P. Alford, defended the agency's leadership Monday while calling out a pair of senior officials and warning of the influence that lobbyists are wielding over merger reviews and other issues.

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Fried Frank Escapes Sanctions Over Flawed RICO Patent Suit

By Emily Sawicki

A Florida federal court has rejected sanctions motions leveled against Tristar Products Inc. and its counsel at Fried Frank for bringing a doomed anti-racketeering patent fraud lawsuit against Telebrands Corp., finding that the claims were not frivolous despite "myriad" flaws and "sloppy lawyering."

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SDNY Judges OK Trump's Selection Of Jay Clayton As US Atty

By Hailey Konnath

The Southern District of New York on Monday permitted Jay Clayton to continue overseeing the district's prosecutorial office, appointing Clayton as U.S. attorney just a day before his tenure as interim U.S. attorney was set to expire.

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Burr & Forman Must Face Claims From Healthcare Scheme

By Chart Riggall

A Georgia federal judge has denied Burr & Forman LLP's bid to escape a lawsuit accusing the firm of being party to a massive healthcare fraud scheme, ruling that it must largely face malpractice and breach of fiduciary claims from a pair of bankruptcy trustees.

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NJ Feds Say Habba's US Atty Role Unusual, But Not Unlawful

By Lauren Berg

Acting U.S. Attorney Alina Habba on Monday doubled down on her argument that President Donald Trump legally appointed her New Jersey's top federal prosecutor, telling a federal judge that this is simply "an unusual situation" created when the district court last month refused to extend her interim tenure.

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Lawmaker Pans 'Selective' Charges Over ICE Facility Clash

By Carla Baranauckas

U.S. Rep. LaMonica McIver has moved to dismiss criminal charges against her from a May confrontation with federal agents at an immigrant detention center in Newark, New Jersey, arguing she is immune from prosecution under the U.S. Constitution's speech or debate clause and is being selectively targeted by the government.

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Ex-NY AG Immune From Malicious Prosecution Suit

By Cara Salvatore

Former New York Attorney General Eric Schneiderman has immunity from a suit by a former New York City Council member claiming wrongful prosecution, a federal judge has ruled.

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Whiteford Taylor Must Face Wire Fraud Malpractice Suit

By Emily Sawicki

A Maryland federal judge has declined to toss the majority of a malpractice and gross negligence suit brought by the founder of a construction company who accused his former business partners and their shared counsel of being partially to blame for hackers stealing his $4 million share of proceeds from the sale of their business.

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Treasury Seeks Input On Tech To Combat Crypto Crimes

By Aislinn Keely

The U.S. Department of the Treasury on Monday asked the public to share feedback on how novel technologies might be used to detect and thwart illicit crypto activity, fulfilling a directive under a recently signed bill to regulate stable value tokens.

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Catching Up With Delaware's Chancery Court

By Sydney Price and Jeff Montgomery

Executives and board members of Cencora Corp. tentatively settled a stockholder derivative suit for $111.25 million, VectoIQ board members reached a $6.3 million deal on stockholder claims over electric carmaker Nikola's prospects, and class attorneys who secured a $50 million derivative suit settlement saw their proposed 25% attorney fee cut by almost half. Here's the latest from the Delaware Chancery Court.

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