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Delaware’s high court will not immediately review a lower court’s decision that state law permits insurance for fraud-based claims, leaving intact a favorable holding for Dole and two top officers in their dispute with excess insurers over coverage for $222 million in settlements they struck to resolve litigation regarding a 2013 take-private deal.
A pair of Travelers units are on the hook for a trucking company’s $7.5 million settlement of litigation over environmental contamination cleanup efforts, a split Illinois appellate panel affirmed on Thursday, finding that the insurers unreasonably declined to settle the claim within policy limits.
Willis Ltd. on Friday slammed a bid by hundreds of investors in the Stanford Ponzi scheme to reverse a $120 million deal settling claims that the broker fraudulently induced their investments, telling the Fifth Circuit that there is a good chance that continued litigation could result in no liability at all for Willis and no payday for investors.
Fidelity National Title Group urged a California state appeals court Friday to toss a $1.2 million emotional distress verdict won by a former in-house attorney who alleged she was forced out for being pregnant, arguing that her emotional distress damages can’t survive because the jury didn’t find that Fidelity discriminated.
A former official at a union local accused by New Jersey federal prosecutors of defrauding a health care plan pled guilty to an embezzlement charge on Friday, with his attorney saying no one lost any money and he would ask for a sentence with no prison time.
A doctor’s excess malpractice insurer that successfully sued his primary insurer for allegedly rejecting a $1 million settlement offer in bad faith will have to go back to the drawing board to prove that bad faith, a Colorado appeals panel ruled Thursday.
UnitedHealth Group Inc. and others must fight a wrongful death suit in state court, an Alabama federal judge ruled Friday, finding that the punitive remedies available in the state’s wrongful death statute could not be precluded by ERISA.
An Alabama federal judge decided Thursday that health care providers and subscribers suing Blue Cross Blue Shield insurers need only prove that the insurance plans plotted to divvy up geographic markets to succeed on those claims in antitrust multidistrict litigation, dealing a setback to the network.
Metropolitan Life Insurance Co. and Ford Motor Co. must pay attorneys’ fees to a woman who was denied additional life insurance benefits after her late husband’s death, a Nebraska federal judge ruled Thursday, despite the insurance company’s assertion that fees were inappropriate for the suit.
Homeowners in Florida, Puerto Rico and the U.S. Virgin Islands who suffered flood damage in recent hurricanes and filed suits against insurers backed by the National Flood Insurance Program have lodged a petition to have pretrial proceedings consolidated in the Southern District of Florida.
The last week has seen more retailers sue Visa and MasterCard, a Jordanian insurer take AIG to court, and a professional negligence claim against Pinsent Masons LLP and investment bank Daniel Stewart & Co. by a troubled Chinese sportswear maker whose listing they handled. Here, Law360 looks at those and other new claims in the U.K.
The U.S. Department of Labor’s fiduciary rule has been challenged in court by various organizations on grounds that the agency exceeded its authority in promulgating it. Those challenges culminated in a recent decision by the Fifth Circuit to vacate the rule in U.S. Chamber of Commerce v. DOL, say Robert Stone and Shannon Smith of Katten Muchin Rosenman LLP.
If a company facing a product recall has managed it effectively, the hardest part is probably over. But there are four key strategies companies should keep in mind to restore order and maintain brand loyalty following a recall, say Derin Kiykioglu and Jonathan Judge of Schiff Hardin LLP.
There has been, of late, significant dispute as to the application of the unfinished business doctrine, particularly with respect to hourly rate matters of now-dissolved large law firms. And the California Supreme Court’s recent decision in Heller Ehrman, like others as to similar points, is highly questionable, says Thomas Rutledge of Stoll Keenon Ogden PLLC.
Layoffs have hit the American Bar Association following years of declining membership rates, with approximately 4 percent of its workforce expected to get a pink slip or accept a voluntary buyout by mid-April as major organizational changes are implemented.
Despite a gain of 400 jobs in March, the legal services sector has struggled to pick back up after job losses recorded at the beginning of the year, finishing the first quarter with more than 1,000 fewer jobs than at the end of 2017, according to a report on Friday by the Bureau of Labor Statistics.
Leaders of corporate legal departments looking to select their next in-house attorneys, either to replace outgoing lawyers or expand their staffs, are prioritizing certain professional skills above others. Here, experts shared the characteristics that could boost lawyers’ resumes when applying for in-house roles this year.
An analysis found that women earn less than men in nearly every occupation across all wage levels, Facebook now estimates the data of roughly 87 million users — not the previously believed 50 million — was improperly shared with Cambridge Analytica, and a survey revealed that general counsels would prefer to bring additional talent in-house rather than rely on outside counsel. 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 a major case headed to trial over whether college athletes should be paid; a U.S. Supreme Court ruling on overtime pay; a judge saying courts improperly used the fees from PACER; and an Iowa man who was threatened with lawsuits when he said his town smelled like “rancid dog food.”
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.
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