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The Third Circuit ruled Monday that a flood insurer’s rejection of a homeowner’s proof of loss counted as a “denial of the claim” for statute-of-limitations purposes, indicating that the very act of filing the suit can shorten the time available to do so.
A Tennessee court of appeals has stripped Simon Property Group of $150 million in flood insurance coverage for a mall in Nashville, snatching victory from the real estate investment trust by finding that a $50 million cap applies, instead of the $200 million cap a trial court had settled on.
Amazon, Berkshire Hathaway and JPMorgan Chase are planning to form an independent health care company that would initially serve their U.S. employees but could eventually become available to all Americans, the three companies said in a joint statement on Tuesday.
A Florida federal court gave Geico a quick win Tuesday in a suit alleging the insurer refused to accommodate a call supervisor with intermittent vertigo, rejecting the employee’s argument she should have been allowed to work from home.
An oil and gas safety services provider and its insurance company filed suit in New York federal court Monday against another insurance company they claim failed to defend the safety consultant against $5 million in litigation over a Texas refinery fire.
Cooley LLP has recruited the former head of Morrison & Foerster LLP’s San Diego litigation department, who also chaired the firm’s unmanned aircraft systems/drones group and airports and aviation practice, to join the firm’s San Diego office as a litigation partner, it was announced on Monday.
The destruction caused in Montecito and other areas of Southern California earlier this year appears to have been caused by flood, mudslide and mudflow, which are excluded under most property insurance policies. However, there is potential for homeowners to assert that the damage was actually caused by the Thomas fire, say Meka Moore and Jennifer Revitz of Selman Breitman LLP.
As tort defendants and their insurers continue to face enormous exposure in catastrophic personal injury cases, they are recognizing that post-trial proceedings are critical to the success of any future appeal, as they represent a defendant’s lone opportunity to challenge a verdict as excessive in the court in which it was rendered, says Agelo Reppas of BatesCarey LLP.
The improving financial position of airlines and operating lessors, coupled with increased competition for deals, has put pressure on private-sector lenders. One would expect this state of “borrower power” to continue during the current economic cycle, says Ronald Scheinberg of Vedder Price PC.
The social cost of carbon is an important but little-known number underlying many environmental regulations. Though it is not widely discussed, it is important to understand for three primary reasons, says John Lee of Goldberg Segalla.
A promotion to partner or election to practice group chair means lots of well-deserved recognition within a firm and in the larger legal community. Law360 reveals the list of attorneys whose commitment to excellence earned them highly coveted spots in the law firm leadership ranks. Find out if your old legal friends — or rivals — moved up in the fourth quarter of the year.
Quinn Emanuel Urquhart & Sullivan LLP has raised the bar on clerkship bonuses, revealing Tuesday that it now pays judicial clerks a $105,000 bonus for joining the law firm and $20,000 more for those who have completed two clerkships, a raise that a name partner called “logical.”
Taft Stettinius & Hollister LLP has decided to leave behind its partnership structure with both equity and nonequity partners that it had adhered to for more than 25 years, in order to move to a single-tier system that only includes equity partners, the firm announced Tuesday.
A recent study found that mixed-gender legal teams perform better for clients than those made up of only one gender. Here, experts tell Law360 what it is about diversity that drives superior performance in the practice of law.
A panel of diverse legal professionals speaking at a conference on Tuesday sounded the alarm for the legal industry, saying the entire profession needs to fundamentally rethink how it delivers services to clients if it wants to remain relevant and profitable.
The Senate bucked a decades-old tradition Tuesday by confirming President Donald Trump’s choice for an Eighth Circuit vacancy without the support of a home-state senator.
Former Dewey & LeBoeuf LLP executive director Stephen DiCarmine has reached a settlement in principle with the U.S. Securities and Exchange Commission over fraud claims, his attorney said Tuesday in a letter asking a Manhattan federal judge to stay the SEC’s case while both sides work out the deal’s details.
The world of legal technology is quickly evolving, with new products coming to market in rapid succession. Here, Law360 takes a look at seven recent developments.
Each time I’ve argued before the U.S. Supreme Court it has been just as much of a thrill as the first, but my first argument was distinct because it involved a certain amount of fortuity on the way to the podium, says Elaine Goldenberg of Munger Tolles & Olson LLP.
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