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Apple and Cisco recently announced they are teaming with two insurers to offer discounted cyberinsurance policies for companies that use the tech giants’ products to help guard against digital threats, a partnership that experts say could spur the sale of cyber coverage among reluctant businesses scared off by high premiums and daunting deductibles.
T-Mobile has asked the Ninth Circuit to overturn a lower court ruling that allowed an insurer to dodge coverage on a legal theory that materialized only years after T-Mobile filed its claim, with the telecom calling its case a “textbook example” of why Washington’s equitable estoppel doctrine exists and floating the possibility of certification to the state’s Supreme Court.
Jackson National Life Insurance Co. can’t appeal a ruling that it must pay attorneys’ fees to a customer in a death benefit dispute until the lower court says how much the company owes, the Seventh Circuit said Friday in tossing the case.
An Illinois federal judge has refused to drop a class action alleging State Farm secretly funneled millions to a judge’s election campaign with hopes that he’d overturn a state court’s $1.05 billion judgment against it, rejecting the insurer’s argument that the racketeering claims are an attempt to relitigate the state court case.
The U.S. Department of Justice has gone to bat for Marion HealthCare LLC in the surgery center’s antitrust suit against Southern Illinois Healthcare, telling an Illinois federal court SIH is wrong to argue that an appeals court ruling means its disputed insurance contracts are legal “as a matter of law.”
A putative class of Kindred Healthcare Inc. shareholders launched a lawsuit in Delaware federal court Thursday over its $4.1 billion acquisition by Humana and two private equity firms, alleging that the company filed an incomplete proxy statement that does not allow them to assess the fairness of the deal.
The last week has seen another contract suit against Hilton Worldwide and BayernLB, a New York investment manager lodge a professional negligence claim against RSM Corporate Finance, and an insurance brokerage sue Barclays. Here, Law360 looks at those and other new claims in the U.K.
A recurring directors and officers insurance issue is the question of whether or not coverage for a claim is precluded under the relevant policy’s professional services exclusion. The Second Circuit’s recent opinion in a coverage dispute arising out of the Facebook initial public offering could extend the exclusion’s preclusive effect far beyond the intended purpose, says Kevin LaCroix of RT ProExec.
Recent insurance decisions underscore the importance of understanding how directors and officers liability insurance applies in government investigations. Patriarch v. AXIS is particularly interesting because the insurer wanted to define “claim” more broadly than the policyholder, say Caroline Meneau and Brian Scarbrough of Jenner & Block LLP.
A Dentons partner in Scotland has left the firm after a monthlong suspension following allegations of inappropriate behavior, a spokesperson confirmed Friday.
As large and midsized law firms continue to see incremental increases in revenue and head count, cloud-based firms are reporting soaring growth figures, with one poised to enter the Am Law 200 next year. Here, Law360 takes a look at the rapid expansion of virtual and cloud-based law firms.
Earthjustice on Thursday released an analysis of more than 50 pieces of legislation introduced in Congress that it said could restrict the public’s ability to seek justice in court, saying the measures could “erect permanent obstacles” for people trying to defend their rights.
A rival to bar exam preparation company Barbri Inc. has filed another $50 million lawsuit against its competitor and a slew of law schools, accusing them — this time in a New York state court complaint — of colluding to exclude it from their campuses in the prep market for foreign students seeking advanced law degrees.
Secretary of State Rex Tillerson announced plans to create a cybersecurity bureau in his department, three congressional Republicans worked on a paid parental leave proposal and the American Bar Association passed a policy change aimed at how legal industry employers handle sexual harassment and retaliation claims. These are some of the stories in corporate legal news you may have missed in the past week.
The U.S. Department of Justice’s associate attorney general who was tasked with overseeing numerous divisions, including antitrust, civil, civil rights, environment and natural resources, and tax, will leave the department for Walmart after nine months on the job, the DOJ and the retail giant announced Friday.
For those who missed out, here’s a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.
On the latest episode of Law360’s Pro Say podcast, we discuss how the retirement of one judge accused of sexual harassment won’t quiet the law’s #MeToo push, looming changes that could cause headaches for foreign companies looking to invest in the U.S., an FBI sting that busted a judge for accepting bribes, and Chuck Norris filing a lawsuit that is the legal equivalent of a roundhouse kick to the face.
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