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They’ve gone up against big-name companies while advocating for plaintiffs ranging from grieving family members to shareholders and consumers in some of the biggest and most well-known cases of the past year. They’ve strategically shaped outcomes, acted as champions to their clients and nabbed massive settlements. And they perform with passion.
An insurer is off the hook for charges that it unfairly dragged out its denial of coverage to a general contractor facing a workplace injury suit, after a New York appeals court affirmed that a federal law preempts the state law on which the claims hinged.
Travelers Property Casualty Co. and American Capital Ltd. are squaring off in the Fourth Circuit after a lower court ruled the insurer must pay $87 million to defend against tainted blood thinner lawsuits, with Travelers arguing the whole episode was never covered and American Capital seeking bad faith damages.
Allianz SE will immediately cease selling cover to power plants fired only by coal and coal mines, and plans to withdraw completely from insuring coal-based businesses by 2040, Europe’s largest insurer said Friday, as part of its effort to meet the demands of the Paris climate accord.
A former vice president for State Street Corp. was arrested Friday and charged in Massachusetts federal court with conspiring with another, already indicted former company executive to secretly pump up commissions, defrauding an insurance company out of $800,000.
Mylan Pharmaceuticals Inc. and a pair of chemical companies on Thursday settled with a Blue Cross Blue Shield affiliate, coming closer to ending their appeal of a $67 million verdict that found they fixed the price of anti-anxiety medications.
Excess insurer Landmark American Insurance Co. is not liable for any part of a $2.3 million judgment against Deerfield Construction Inc. in a lawsuit alleging the builder’s employee caused a crash that injured another driver, an Illinois federal judge ruled Thursday, finding that Deerfield failed to provide prompt notice of the claim to Landmark.
The last week has seen a commercial fraud claim against asset manager Shire Warwick Lewis, Italian insurers sue a shipper, and Denmark’s tax authority take action against ED&F Man Capital Markets and more than five dozen other firms. Here, Law360 looks at those and other new claims in the U.K.
Five firms will guide initial public offerings projected to surpass $3.9 billion during the week of May 7, led by Axa Equitable Holdings Inc., the U.S. division of French insurance and asset management firm Axa SA, which could price the biggest U.S. IPO since 2014.
Last month, the California Senate passed SB 917, amending the California Insurance Code to reiterate efficient proximate cause and specifically address landslides. Though the amendment purports to merely restate existing law, insurers should be prepared for inconsistent verdicts rendered by courts and juries in the near future, says Jennifer Hoffman of Zelle LLP.
By incorporating an explicit requirement that discovery must be “proportional to the needs of the case,” the 2015 amendments to the Federal Rules of Civil Procedure garnered much speculation as to their impact on courts’ decision-making processes. Now that the rules have been implemented for over two years, several themes have emerged, say attorneys with Buckley Sandler LLP.
Baum Hedlund Aristei & Goldman PC’s R. Brent Wisner helped score the first jury verdict holding a brand-name drugmaker liable for injuries caused by a generic version in a high-profile case involving an attorney’s suicide while on generic Paxil, landing him among Law360’s 2018 Titans of the Plaintiffs Bar.
The Northern District of Illinois, one of the country’s busiest courts, is dealing with a surge of judicial vacancies that is expected to grow over the next year, and with no current nominees to fill the spots, the situation is likely to get worse before it gets better, experts told Law360.
When Graham Curtin PA founding partner Thomas R. Curtin closed the door of his Morristown, New Jersey, office and took virtually his entire team with him to McElroy Deutsch Mulvaney & Carpenter LLP last month, the end of an era for one small shop marked the start of a productive new one for both firms.
On the latest episode of Law360’s Pro Say podcast we’re joined by Robert Weaver, one of the lawyers featured in Netflix’s binge-worthy docuseries “Wild Wild Country,” who tells us all about what it was really like to prosecute the leaders of a cult.
Class action defense spending is on the rise for the third consecutive year and has reached its highest level since 2010, according to a recent survey of more than 400 general counsel and chief legal officers.
Legal industry employment has reached its high water mark for the year with the addition of 800 new jobs in April, a report released Friday by the Bureau of Labor Statistics found.
President Donald Trump’s nomination to the Ninth Circuit, a conservative Oregon prosecutor, will appear before the Senate Judiciary Committee on Wednesday, according to the Senate website, despite objections from Democratic senators.
A London research firm named Pinsent Masons LLP as the strongest United Kingdom legal brand, new data showed overall legal spending is on the rise, and a newly published survey found that many employers continue to struggle with a rapidly changing patchwork of state and local workplace laws that include measures aimed at closing pay gaps between men and women. Here are some of the stories in corporate legal news you may have missed in the past week.
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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