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Ship interior company Hopeman Brothers Inc. can seek the full limits of AIG Inc. and CNA Financial Corp. excess insurance policies in a single year to cover costs tied to asbestos injury claims, a Virginia federal judge ruled on Monday, rejecting the insurers’ bid to restrict their potential coverage to a proportional share of the company’s losses.
The former directors and officers of Patriot National Inc. will be allowed to continue tapping into insurance policies held by the company to pay defense costs in a myriad of lawsuits surrounding Patriot after a Delaware bankruptcy judge ruled Monday that the issue is not for him to decide.
The Ninth Circuit on Friday said Lloyd’s of London does not have to pay $5 million on an excess policy into a shareholder settlement with a bankrupt subprime lender, saying the actual amount paid in the settlement does not exceed the policy limits.
Boston attorney Howard Cooper of Todd & Weld LLP and the Massachusetts Bar Association on Monday assailed federal prosecutors who claim Cooper is too ensnared in former Democratic state Sen. Brian Joyce’s alleged fraud and racketeering activity to represent him at trial, saying the request for disqualification flies in the face of constitutional law.
The Eleventh Circuit on Friday upheld a lower court’s finding that a weatherproofing and construction company sales representative, who allegedly didn’t properly inspect a roof before a contractor fell through it and became paralyzed, was an employee and is covered by a Houston Specialty Insurance policy.
White Mountains Insurance Group Ltd. has agreed to buy a majority equity stake in specialty property and casualty insurance company NSM Insurance Group in a deal that values NSM at $388 million, the company said Monday.
Husch Blackwell LLP added 14 lawyers — including eight partners — to its Texas offices Monday, tapping attorneys who left Gardere Wynne Sewell LLP amid its merger with Foley & Lardner LLP.
A newly updated handbook from the American Bar Association offers a guide for law firms on how to prevent sexual harassment in the workplace and properly address it when it happens. Here, Law360 takes a deep dive into how firms can fight harassment.
A Washington, D.C., federal judge on Saturday granted a partial win for PACER users, finding that the judiciary inappropriately used almost $200 million in fees collected via the online federal courts documents portal from 2010 to 2016 to fund other projects, in breach of federal law.
Chad Jerdee joined Accenture as a senior counsel two decades ago and has moved up the ranks over the years, serving as its general counsel and chief compliance officer since 2015. Here, Jerdee shares his thoughts with Law360 on the changing roles of in-house and outside counsel, his effort to shrink the number of law firms his organization uses, and his thoughts on professional networking and football games.
The notable legal department hires during the third month of 2018 included new GCs at Miramax, Sallie Mae and Merck, as well as a recent hire for litigation director at Lambda Legal.
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