| TOP NEWS
The Texas Supreme Court sided with a farm on Friday in ruling that the arbitration agreement in its insurance policy didn’t extend far enough to force arbitration of the farm’s allegation that mistakes by its insurance agent caused it to be denied a crop damage claim under the policy.
Axis Reinsurance Co. on Thursday urged the First Circuit to uphold a Massachusetts federal judge’s ruling that it doesn’t have to cover BioChemics Inc.’s costs to defend against U.S. Securities and Exchange Commission subpoenas and an enforcement action, saying the lower court properly found the claim predated the insurer’s policy.
The Third Circuit has declined to revive a suit against Erie Indemnity Co. and its officers over the company’s alleged misappropriation of funds that subscribers say rightfully belonged to the subscriber-owned Erie Insurance Exchange.
Travelers Casualty and Surety Co. of America and Illinois Union Insurance Co. have moved to dismiss a suit by IberiaBank seeking coverage for an $11.7 million False Claims Act settlement the bank reached with the government last year over its sloppy mortgage lending, arguing that the government was never a “client” of IberiaBank.
POLICY & REGULATION
The National Rifle Association sued New York Gov. Andrew Cuomo and the state’s top financial regulator on Friday, seeking millions of dollars in damages for what it alleges has been an “overt viewpoint-based discrimination campaign” that is scaring off the gun rights organization’s business partners and threatening its First Amendment rights.
Vigilant Insurance Co. hit Ryobi’s Chinese parent company with a negligence suit in Washington federal court on Thursday, saying the power tool manufacturer is to blame for a rechargeable battery that exploded and started a house fire.
An apartment project subcontractor asked a South Carolina federal judge Thursday to throw out an insurance company’s lawsuit seeking to evade coverage for alleged construction faults, saying a dispute with the project’s contractor in state court must be resolved first.
Former National Hockey League “enforcer” Michael Peluso on Thursday asked a Minnesota federal court for permission to file an amended complaint in his concussion suit against his former teams, saying he has new evidence the teams knew he did have a brain injury and not just a risk of one.
The last week has seen a vacation rental agency file for an appeal against a fiduciary service company, the Bank of India sue a jewelry company owned by an alleged fraudster and an African mining company launch legal proceedings against a Brazilian bank. Here, Law360 looks at those and other new claims in the U.K.
John Hancock has reportedly loaned $105 million for a Los Angeles office building, a venture including Capstone Equities is said to have scored a $130 million loan for a recent New York hotel purchase and an AEW Capital venture has reportedly picked up a South Florida development site for $26 million.
Expert witnesses are often crucial to coverage and damages issues in first-party property insurance cases. By using evidentiary rules and case law to challenge the other side’s expert opinions, you might just win the war without ever having to engage in a battle of the experts, say Eric Bowers and Victoria Vish of Zelle LLP.
As sole lead counsel in multidistrict litigation over Volkswagen AG’s emissions scandal, Lieff Cabraser Heimann & Bernstein LLP’s Elizabeth Cabraser helped drivers secure settlements totaling more than $15 billion and assurances that the polluting vehicles would be taken off the roads, earning her a spot on Law360’s 2018 Titans of the Plaintiffs Bar.
As millennials continue to enter the legal profession with different values, career goals and cultural expectations than their predecessors, firms have an urgent opportunity to retool their summer associate programs to make a more compelling first impression.
How They Won It
Fulton County, Georgia, prosecutors trying to prove that a former Fisher Phillips LLP partner’s shooting of his wife was no accident flooded the jury with painstaking detail from both eyewitnesses and the wealthy couple’s paper trail to establish that he had a financial motive to kill his wife, securing a murder conviction.
The American Bar Association on Friday released survey data on the nationwide population of lawyers indicating a 10-year trend of moderate year-to-year increases since 2008 that amount to a 15.2 percent increase over the last decade.
Questions remain around who will permanently replace Eric Schneiderman as New York attorney general after he resigned in the wake of a news article detailing allegations of physical abuse by four women, new data show female in-house counsel earn 84 percent of what their male counterparts make on average, and Fox News hired a new general counsel amid a series of lawsuits alleging the network mistreated women and minority workers. 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 the ethical boundaries of handling expert witnesses; New York Attorney General Eric Schneiderman stepping down after abuse allegations; Jay-Z being ordered to give testimony to the Securities and Exchange Commission; and Dr. Dre attempting to block a medical doctor from registering a trademark for his similar-sounding name.
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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