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The Ninth Circuit will hear arguments Wednesday over whether a California law precluding coverage for willful acts means an AIG unit does not have to cover Office Depot’s defense and settlement costs in a suit alleging it overbilled public agencies, in a case that could have a broad impact on the availability of insurance for fraud-based claims.
An AIG insurer on Monday urged the Ninth Circuit to uphold a California federal court’s ruling that the insurer owes Yahoo no defense in several Telephone Consumer Protection Act lawsuits, saying the lower court properly applied case law in finding that the underlying actions did not allege a potentially covered privacy violation.
The Fifth Circuit on Tuesday said a construction equipment provider cannot sue the insurer of a company that leased several pieces of equipment before filing for bankruptcy, saying the company does not have standing because it was not a party to the insurance contract.
The Fourth Circuit affirmed a quick win Tuesday for Cigna Corp. in a proposed class action brought by a widow who accused the insurer and a subsidiary of skimping on a fuel pricing service worker’s life insurance payout, rejecting claims that the companies breached their fiduciary duty.
Motorists Mutual Insurance Co. asked a Pennsylvania federal court on Tuesday to end residential builder NVR Inc.’s lawsuit seeking coverage for litigation tied to a propane heater explosion that injured a construction worker, saying it should not be obligated to provide coverage for a settlement it did not negotiate.
An Eleventh Circuit panel refused Tuesday to reconsider its ruling that a roofing company sales representative who allegedly did not properly inspect a roof before a contractor fell through it and became paralyzed was an employee and is therefore covered by a Houston Specialty Insurance policy.
CVS on Monday sought to exit a proposed class action alleging the health and privacy of HIV/AIDS patients are threatened by a program that requires them to get their specialty medication only at a CVS pharmacy or by mail order, telling a California federal judge the whole complaint was “defective.”
Mutual Benefits Corp.’s former outside counsel asked the Eleventh Circuit on Tuesday to overturn his 10-year prison sentence for his role in a massive insurance scam, arguing that the prosecution’s framing of the business as a Ponzi scheme was completely wrong.
Lawyers for a class of direct drug purchasers asked a Massachusetts federal judge to approve nearly $25 million in attorneys’ fees for securing $72.5 million worth of deals with Medicis Pharmaceutical Corp. and Impax Laboratories Inc. over the allegedly delayed launch of a generic acne medicine.
A Rhode Island federal judge on Tuesday refused to let Blue Cross & Blue Shield of Rhode Island immediately appeal a ruling forcing it to face Steward Health Care System’s antitrust suit alleging that the insurer sank a $40 million hospital purchase to keep Steward out of the state.
Courts around the country have found insurers’ litigation management guidelines to be improper and unenforceable when they impair defense counsel’s ability to defend a claim. Policyholders receiving such guidelines should respond promptly to their insurers and proceed to litigation if necessary, says Daniel Wolf of Gilbert LLP.
Depending on the facts, the Tax Jobs And Cuts Act’s new rule requiring a three-year holding period for long-term capital gain taxation of a carried profits interest might not apply to an investment manager’s carried interest in a life settlements investment fund, say attorneys with Locke Lord LLP.
Seeger Weiss LLP co-founder Christopher Seeger helped patients who suffered heart attacks after using testosterone replacement drugs score more than $300 million in two recent bellwether trials and negotiated a record $1.5 billion agricultural settlement last year, earning him a place among Law360’s 2018 Titans of the Plaintiffs Bar.
Law firms currently lag behind much of the corporate world when it comes to using psychology to price the services they sell, and in doing so firms may be missing out on a good deal of potential revenue, according to a speaker at the Legal Marketing Association’s P3 conference in Chicago Tuesday.
Corporate clients are increasingly grading outside counsel on a vast array of traits and characteristics and using the report cards they develop to make big decisions about who to keep and who to cut from their rosters, according to a presentation at the Legal Marketing Association’s P3 conference in Chicago on Tuesday.
The retainer fee has largely survived the financial push-and-pull between firms and corporate clients over the last decade, experts said, but some evidence is emerging that even companies with cash-flow problems have leverage to negotiate smaller upfront payments with their counsel.
Charlotte School of Law sued the American Bar Association in North Carolina federal court Tuesday, claiming that enforcement actions by the organization related to law school accreditation violated the due process rights of the for-profit college and led to its closure last year.
The Senate approved Taft Stettinius & Hollister LLP partner John Nalbandian for the Sixth Circuit and Carson Ryan LLC principal Joel M. Carson III for the Tenth Circuit on Tuesday, the latest in a flurry of appellate judicial confirmations in the past two weeks.
Pillsbury Winthrop announced Tuesday it has added 13 former Eversheds Sutherland attorneys to its state and local tax team led by Carley Roberts and Marc Simonetti, increasing to 19 the number of attorneys focused on SALT.
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