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The Tenth Circuit recently held under New York law that general contractor Black & Veatch Corp.’s liability policy covers damages resulting from a subcontractor’s shoddy work, wading into an unsettled area of Empire State jurisprudence and likely setting the stage for the state’s highest court to weigh in on the issue.
A California appeals court found Wednesday that a lower court wrongly dismissed a bingo device supplier’s suit against its insurer stemming from a London fire started by a battery in a device, saying there is a potential for coverage in the future.
A New York bankruptcy judge has told Rapid-American Corp. it can’t stop the trio of insurance companies it claims failed to cover it from asbestos claims from subpoenaing the company’s claims handlers.
Pop star Kanye West’s touring company and syndicates of Lloyd’s of London on Wednesday resolved their California federal court dispute over $10 million worth of coverage for shows he canceled after reportedly having a mental breakdown last year.
POLICY & REGULATION
U.S. financial regulators on Wednesday announced plans to review the designation of Prudential Financial Inc. for enhanced regulatory supervision, potentially paving the way for removing the insurer and asset manager from its designation as a systemically important financial institution.
EquiTrust Life Insurance Co. was hit with a putative class action in Florida federal court Wednesday by two policyholders who claim the company charges fees that aren’t authorized in policy provisions when customers surrender or redeem their life insurance policies.
In this monthly series, legal recruiting experts Amanda Brady and Amy Mallow of Major Lindsey & Africa interview law firm management from Am Law 200 firms about how they are navigating an increasingly competitive business environment. The second conversation is with Allison Friend, chief human resources officer for Hogan Lovells LLP.
With some predicting that 2018 will see a significant increase in the number and severity of earthquakes worldwide, corporate insureds may do well to accelerate their review and expansion of policy terms to address this important risk, says Micah Skidmore of Haynes and Boone LLP.
Last week, the District of Delaware raised eyebrows by ruling that documents provided to a litigation funder and its counsel in connection with their due diligence are categorically not attorney work product. Acceleration Bay v. Activision Blizzard seems to be a case of bad facts making bad law, says David Gallagher, investment manager and legal counsel for Bentham IMF.
Whether it’s understanding how to clearly communicate legal matters to other executives within a company or decisively making a recommendation, general counsel across various industries agree there are certain key traits involved in their multidisciplinary responsibilities that weren’t part of their law school curriculum.
Supreme Court Justice Clarence Thomas insists he harbors no “bitter feelings” about his scandal-rocked Senate confirmation in 1991, but said Thursday the process has become a gladiator-like “spectacle” that discourages people from serving on the bench.
The U.S. and U.K. governments blamed Russia on Thursday for a June 2017 cyberattack that paralyzed part of Ukraine’s infrastructure and wreaked havoc on computers worldwide, including at DLA Piper.
The Senate Judiciary Committee advanced one of President Donald Trump’s picks for the Seventh Circuit on Thursday, even as Democrats cried foul over the panel ignoring Wisconsin Sen. Tammy Baldwin’s objections to Gass Weber Mullins LLC partner Michael Brennan.
One day after a federal judge refused to stay his order requiring the Cook County Circuit Court to make electronically filed suits immediately available to the public, the Seventh Circuit on Wednesday gave Clerk Dorothy Brown time to implement the necessary systems or craft an argument to bypass the order altogether.
Gibson Dunn & Crutcher LLP secured the top legal lions spot this week with a win for GrubHub in a bellwether case over how its meal delivery drivers should be categorized, while Reed Smith LLP ended up on the legal lambs list after a federal jury found the law firm’s client, Bank of America, illegally blacklisted and defamed a former client manager when it listed her with a fraud reporting agency.
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