| TOP NEWS
A Chubb Ltd. unit doesn’t have to pay for hernia mesh maker Tela Bio Inc.’s defense of a trade secrets and unfair competition lawsuit brought by competitor LifeCell Corp., a Pennsylvania federal judge ruled Friday, finding that the complaint doesn’t include any potentially covered defamation claims.
Axis Insurance Co. on Friday urged the Second Circuit to uphold a New York federal court’s ruling that it doesn’t owe Lynn Tilton’s Patriarch Partners LLC $5 million to cover the costs of an SEC investigation and enforcement action, saying the lower court properly concluded that coverage is barred because the probe predated the insurer’s policy.
AIG Specialty Insurance Co. urged the Ninth Circuit on Friday to reverse an order allowing Walt Disney Co. to arbitrate a dispute over the coverage of $25 million of an undisclosed settlement with a beef company that sued over ABC’s characterization of its “lean finely textured beef” as “pink slime.”
A Fifth Circuit ruling vacating the U.S. Department of Labor’s fiduciary rule for retirement account advisers has created confusion across a broad swath of the U.S. investment landscape that will only be resolved once the DOL decides whether to drop the case or pursue it on appeal, legal experts said Friday.
New York financial regulators announced a $750,000 fine for the U.S. arm of Australian insurer QBE on Thursday in connection with sales of accident-only insurance policies to college students, a practice outlawed in 2014 and which the company has now stopped.
A New York federal judge Tuesday sent a $50 million Racketeer Influenced and Corrupt Organizations Act case against three reinsurance executives to arbitration, saying the arbitration clause in the reinsurance agreement applies to them as well as their company.
Petrobras Americas Inc. can hang on to documents said to have forecast the economic risks of its plan to drill in the Gulf of Mexico, a Texas magistrate judge said Thursday, ruling that the financial information is unlikely to help Spanish manufacturer Vicinay Cadenas SA in a $400 million suit over its allegedly defective component used in an offshore rig.
A Texas federal court on Friday refused to toss a suit from three health insurers that claims a law firm failed to pay the companies money out of its clients’ asbestos settlement funds, asking the parties for additional information but saying the suit could remain for now.
An Illinois federal judge on Thursday held that an “earth movement” exclusion in a commercial building’s insurance policy barred Acuity Mutual Insurance Co. from covering its client’s repair costs for damage done to the building.
A New Jersey judge on Thursday trimmed claims by three providers alleging Horizon Healthcare Services Inc.’s tiered health coverage plan gives hospitals with more resources a competitive edge, ruling that the insurer never promised the providers they’d be included in the preferred coverage tier, but let another claim continue.
A Virginia federal judge on Friday ruled Hartford Underwriters Insurance Co. doesn’t have to pay any benefits on a workers’ compensation claim made by the widow of a trucking company employee who died as the result of a workplace accident, handing the insurer a quick win in the case.
A South Carolina federal judge on Friday dismissed a suit challenging a federal loan repayment demand to a failed Affordable Care Act insurance co-op, saying the Federal Court of Claims has jurisdiction.
The last week has seen the Force India Formula One team sue Santander, the Fiat Group launch an action against its longtime pension scheme administrator and Squire Patton Boggs, and a Scipion fund take on a commodities warehouser. Here, Law360 looks at those and other new claims in the U.K.
In this monthly series, legal recruiting experts at Major Lindsey & Africa interview management from top law firms about navigating an increasingly competitive business environment. Here we feature Durgesh Sharma, chief information officer at Littler Mendelson PC.
In many cases, insureds are entitled to coverage under claims-made policies notwithstanding failure to report a prior communication, demand or proceeding. When insurers argue otherwise, their positions must be evaluated carefully in light of the law, facts and pertinent policy provisions, says Shaun Crosner of Pasich LLP.
Proposed amendments to the Federal Rules of Civil Procedure Rule 23, which governs class actions, are set to take effect on Dec. 1, 2018, pending approval. The amendments would significantly alter class action litigation procedure from notice to settlement, says Niki Mendoza of Garden City Group LLC.
While they’ve largely declined to share public stories of sexual harassment, female lawyers have also found strength in numbers online amid the #MeToo movement. Now, they’re setting their sights on reshaping the legal industry.
U.K.-based multinational law firm Ashurst LLP on Friday announced that it plans to begin offering bonuses to its nonmanagerial office staff, a move that will likely ameliorate the law firm’s gender pay gap.
The current system of regulating the legal profession in the United States has created a monopoly that drives prices up and leaves too many people without a lawyer, according to one law professor who suggests that subjecting the sector to federal antitrust law may be the way forward.
Oregon’s highest court on Thursday suspended for three years without pay a judge who instituted a “screen” on gay couples trying to get married in his court and also allowed a convicted felon to handle loaded guns in his presence.
Civil and criminal charges were filed against a former Equifax executive accused of selling off shares before the public was informed of the company’s data breach, business groups collectively pushed for legislation that will slash tariffs on hundreds of products, and new data from the Bureau of Labor Statistics shows the legal services sector is far from getting back to the record high employment levels reached in the mid-2000s. These are some of the stories in corporate legal news you may have missed in the past week.
On the latest episode of Law360’s Pro Say podcast, we discuss how a novel legal approach may place new liability on sex abuse enablers; the White House squashing a proposed $117 billion takeover of chipmaker Qualcomm by a foreign company; the largest agricultural litigation settlement in U.S. history; and a judge who used Shakespeare to write a spirited ruling in a dispute over wine.
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.
We hope you found this message to be useful.
However, if you’d rather not receive future emails of this sort,
you may unsubscribe here.
Please DO NOT reply to this email. For customer support inquiries, please call 1-646-783-7100 or visit our Contact Us page.
Law360 | Portfolio Media, Inc, 111 West 19th Street, 5th Floor, New York, NY 10011