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Black & Veatch Corp. can pursue up to $25 million in coverage from a pair of insurers for construction defects at four power plants, a split Tenth Circuit panel ruled Tuesday, upending a lower court’s decision by predicting that New York’s high court would find that damages resulting from a subcontractor’s shoddy work are a covered occurrence.
A Ninth Circuit panel on Tuesday questioned HotChalk Inc.’s argument that Scottsdale Insurance should cover costs from a False Claims Act suit over the education technology company’s employee compensation policy, with the judges saying the litigation likely fell under the insurer’s broad exclusion for suits “arising out of” client services.
Hanover Insurance Co. asked the Ninth Circuit on Tuesday to reverse a lower court’s finding it must defend a real estate brokerage firm in a proposed class action over an alleged kickback scheme, arguing those claims stem from alleged deceptive business practices that are excluded under its policy.
Universal Cable Productions told the Ninth Circuit on Monday that a California federal court erroneously foreclosed its bid for coverage of the cost to move production of a TV series away from Jerusalem amid a 2014 armed conflict between Israel and the Hamas militant group, saying the lower court improperly applied an exclusion for war-related losses.
Real estate investment trust mogul Nicholas Schorsch and three former Schorsch-venture executives won a partial victory Tuesday in a Delaware Chancery Court fight for $18 million in legal fees arising from investor lawsuits and government investigations.
Texas Attorney General Ken Paxton on Tuesday issued an advisory opinion that a court would “likely determine” that the Employee Retirement Income Security Act preempts some state guidelines on health reimbursement accounts, addressing a question posed by a state politician.
WMIH, a company primarily dealing in reinsurance, and Nationstar Mortgage on Tuesday announced their plan to merge in a deal with an enterprise value of $3.8 billion, guided by Simpson Thacher & Bartlett LLP, Akin Gump Strauss Hauer & Feld LLP, Debevoise & Plimpton LLP and Davis Polk & Wardwell LLP.
Kemper Corp. and Infinity Property and Casualty Corp. announced Tuesday they have entered into a merger agreement under which Kemper will purchase Infinity for about $1.3 billion in cash and stock, a deal advised by Sidley Austin LLP and Keating Muething & Klekamp PLL.
An Illinois appellate court has formally recognized that co-parties to a lawsuit who agree to share information pursuant to a common interest in defeating their opponent do not waive either attorney-client or work-product privileges when doing so. The decision clarifies exactly what the joint defense privilege is and, importantly, what it is not, says Symone Shinton of Greenberg Traurig LLP.
On Feb. 14, Health Republic Insurance of New York’s liquidator will ask the New York Supreme Court to approve its report on the present status of its liquidation, but it is what the report doesn’t discuss that will be most revealing, says James Veach of Mound Cotton Wollan & Greengrass LLP in the final part of this series.
Two international law firms announced last week that they were parting ways with U.K. partners after allegations from more than a year ago were suddenly brought to light, in what could be the start of a longer public re-evaluation of how the legal industry addresses — or fails to address — claims of sexual misconduct within its ranks.
An Illinois federal judge won’t wait any longer for the Cook County Circuit Court clerk to implement a system to make new electronically filed lawsuits immediately available to the public and media outlets, the judge said Tuesday, rejecting the clerk’s request for a stay while she appeals his order.
A former legal secretary for Rawle & Henderson LLP launched a lawsuit in New York state court Monday, alleging that members of the law firm fabricated workplace performance problems to push her out after she complained of a partner’s sexual harassment.
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