| TOP NEWS
The Eleventh Circuit on Thursday found that a Great American Insurance Co. policy against computer fraud does not cover $11.4 million in fraudulent debit card redemptions, finding that while computer fraud occurred, the policyholder’s loss was too many steps removed from the fraud for coverage.
The Second Circuit asked the Connecticut Supreme Court on Thursday to weigh in on whether the history between an insurer and a claims-adjusting agent created a “continuing course of conduct” sufficient to reinstate a $1.25 million negligence verdict against the adjuster, which a district court had decided didn’t comport with a Connecticut statute of limitations.
Insurance giant Progressive urged the Florida Supreme Court to reverse a Fifth District ruling against it and adopt a conflicting ruling from the Fourth District, as the justices weigh a question of how deductibles are to be applied in personal injury protection coverage cases.
POLICY & REGULATION
The National Rifle Association will seek new insurers after Lloyd’s of London ordered its members to stop writing business linked to the U.S. gun lobby as a regulatory investigation takes place in New York, an NRA lawyer has told Law360.
Axa Equitable Holdings Inc., the U.S. division of French insurance and asset management firm Axa SA, debuted on public markets Thursday, raising $2.75 billion in the U.S.’ largest initial public offering this year, with guidance from Debevoise & Plimpton LLP.
This month, former University of Arkansas star running back Rawleigh Williams III sued Lloyd’s of London, seeking to recover $1 million under a permanent total disability insurance policy. This is one of several recent cases shining a spotlight on the murky world of specialized athlete policies and the brokers who procure such policies, says Richard Giller of Reed Smith LLP.
After moving into a new law office, tenants often file their signed leases away, figuring that the terms are set for a few years at least. However, leases can be very flexible instruments, and should be reviewed annually even if nothing seems amiss, says Tiffany Winne of Savills Studley Inc.
David Sanford of Sanford Heisler Sharp LLP enhanced his already prodigious reputation as a top-tier plaintiffs’ side attorney over the past year by working to resolve high-profile gender discrimination suits against Chadbourne & Parke LLP and Sedgwick LLP, earning him a place among Law360’s 2018 Titans of the Plaintiffs Bar.
President Donald Trump launched another bloc of court nominees Thursday, announcing picks for the Ninth Circuit and district courts in New York, Pennsylvania and Alabama, including a partner from Cleary Gottlieb Steen & Hamilton LLP and veterans of Skadden Arps Slate Meagher & Flom, Simpson Thacher & Bartlett and Sidley Austin LLP.
The new documentary “RBG” paints an entertaining portrait of U.S. Supreme Court Justice Ruth Bader Ginsburg and her contributions to American law and society, even as the film suggests that some of her most important work happened decades before she joined the high court.
Former federal prosecutor and New York City mayor Rudy Giuliani has resigned from Greenberg Traurig LLP just weeks after he joined President Donald Trump’s legal team, the law firm confirmed on Thursday.
Quinn Emanuel Urquhart & Sullivan LLP dismissed a London partner without pay on Tuesday following an investigation into allegations of improper behavior brought by two staffers, the firm said in a statement.
The Senate confirmed Gass Weber Mullins LLC partner Michael Brennan to a post on the Seventh Circuit on Thursday, despite Democrats’ complaints that the appointment violated traditional U.S. Senate deference to home-state senators.
President Donald Trump’s choice for a Ninth Circuit vacancy sailed through the Senate Judiciary Committee with bipartisan support Thursday, putting one of the president’s picks for the high-profile court on the Senate floor for the first time.
For the first time since 1987, the California Supreme Court on Thursday approved major revisions to the rules of professional conduct for in-state attorneys, adding new guidelines that address advertising, conflicts of interest, sexual relations with clients, and a host of other concerns.
Florida Coastal School of Law filed suit Thursday against the American Bar Association, which recently determined the school had failed to meet ABA standards, saying the association’s enforcement actions have been inconsistent, its standards are vague and that the action against Florida Coastal was an “attack on diversity.”
Linklaters snagged the title of top legal lion this week, guiding Takeda in its $62.1 billion acquisition of rare disease-focused drugmaker Shire, while Arnold & Porter ended up on the legal lambs list after a federal judge sanctioned the law firm for filing frivolous motions on behalf of Boston Scientific in a patent infringement suit.
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