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The Ninth Circuit found Tuesday that Travelers need not cover the losses of a Seattle-based seafood company tricked into wiring funds to a fraudster posing as a vendor in emails, agreeing with a lower court that coverage is barred because authorized employees approved the payments.
Data breach insurer Beazley issued a report warning companies using Microsoft Corp.’s cloud-based business products that the number of hacks and attempted intrusions is on the rise as employees are continually duped into opening tainted emails.
AXA Equitable Life Insurance Co. stayed clear of a putative class action Tuesday when the New Jersey Appellate Division affirmed that a lawsuit alleging the company’s volatility-management policy skirted regulatory approval is precluded by a federal securities law barring claims based on misrepresentations.
The Walt Disney Co. urged the Ninth Circuit on Monday to affirm an order allowing the media giant to arbitrate a dispute with AIG regarding coverage for $25 million of a settlement with a beef company that sued over ABC’s characterization of its meat byproduct as “pink slime,” saying a California federal court properly exercised jurisdiction over the case.
An insurance company shouldn’t have to cover a wedding photography company facing a lawsuit over a shoot that went horribly wrong, the insurer told a California federal court on Monday, saying the unfortunate incident in which a guest lost an eye to a drone is clearly covered by several exclusions.
Sabra Dipping Co. and its part-owner PepsiCo Inc. neglected to have a PepsiCo insurer help pay for the loss from a recall of hummus that might have contained listeria, an insurer that did accept coverage for the outbreak has alleged in New York state court.
A California appeals court on Monday tossed a nearly $1.2 million emotional distress verdict against Fidelity by a former in-house attorney, saying that since the jury did not specifically find unlawful discrimination, the case must be handled within the workers’ compensation system.
Berkley Assurance Co. on Monday told a Florida federal judge that it deserves an early win on its claims that it doesn’t have to indemnify or defend a visa-sponsoring placement service for au pairs that is accused of conspiring with other sponsor agencies to set low pay rates.
Venture-backed electronic signature company DocuSign Inc. launched an initial public offering Tuesday estimated to raise $543 million, part of a growing number of technology “unicorns” to go public lately, and was joined by an insurer that unveiled a $128 million IPO.
A CW Realty venture has reportedly sold three Brooklyn residential and retail buildings for $22.5 million, KSL Capital has reportedly bought a Florida Margaritaville resort from a Starwood Capital venture, and Zom Living is said to have scored $92 million in construction financing from Union Labor Life Insurance for a Chicago project.
One way law firms differentiate themselves from the competition to attract and retain top talent is through their real estate and workplace strategies. Taking a lead from the hospitality industry can help create a more inviting, welcoming and collaborative workspace environment, says Bella Schiro of Jones Lang LaSalle Inc.
Junior associates riding high on their new BigLaw paychecks may be tempted to spend money now and think about the future later, but doing so could set them up for major financial hardship down the road. Here, five big money mistakes to avoid as a young attorney.
Retired U.S. District Judge Shira Scheindlin told an audience at a Reed Smith LLP symposium on gender diversity in the courtroom on Tuesday that she hoped to see more senior male attorneys acting as allies to help younger, female lawyers more regularly take on prominent roles in litigation.
A former Liddle & Robinson LLP partner has sued the employment firm in New York state court alleging she was paid less than her male peers for equal work based on her gender, issuing a summons Monday that requested $32.3 million in damages.
Counsel for a former Fisher & Phillips LLP partner who fatally shot his wife told an Atlanta jury during closing arguments that prosecutors were trying to support murder charges with “speculation and red herrings,” while the prosecution fired back with a theatrical argument that the attorney consistently lied about the facts.
A Dentons partner in Edmonton, Alberta, charged with impaired driving and being involved in a hit-and-run collision that killed a teenage pedestrian, has been suspended, the global law firm said Tuesday.
Lawyers have an ethical duty to tell current clients if they discover they have made a potentially significant mistake in the course of the representation, but the obligation does not extend to former clients, the American Bar Association said on Tuesday.
“Come From Away” sounds like the stuff of a documentary on the Discovery Channel, not singing and dancing on stage. How could a musical tied to the 9/11 terrorist attacks ever get made — and by a real estate lawyer? The show’s producer, Michael Rubinoff, was kind enough to find 30 minutes to tell me, says Randy Maniloff.
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