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An insurance company may directly pursue a legal malpractice claim against counsel it hired to defend its policyholder, a divided South Carolina Supreme Court ruled Wednesday, allowing Sentry Select Insurance Co. to proceed with a malpractice suit over a law firm’s alleged mishandling of litigation regarding a car crash involving Sentry’s insureds.
The parent company of porn studio Kink.com told the Ninth Circuit on Tuesday that a lower court was wrong to bar insurance coverage for underlying suits brought by actors claiming they contracted HIV on set, because Kink.com never intentionally caused the alleged harm.
An Illinois federal judge on Wednesday refused to dismiss three insurers from policyholder Astellas’s suit over coverage for the pharma company’s response to a U.S. Department of Justice subpoena linked to possible Medicare fraud, saying the insurers haven’t made a strong case that subpoenas aren’t covered under policy language.
A years-long coverage spat between American International Group Inc. and an excess insurer over multimillion-dollar payouts tied to the 2008 Imperial Sugar Co. explosion is back to square one, after the Eleventh Circuit found that a lower court lacked jurisdiction to hear the suit in the first place.
With the American Institute of Architects set to phase out its old contract documents and require attorneys to use a new set unveiled last year, those who use the contracts need to familiarize themselves with what experts have called evolutionary, but not revolutionary, changes. Here, Law360 takes a look at several of the major changes attorneys must know as they transition to the new forms.
POLICY & REGULATION
The Internal Revenue Service should immediately cease issuing tax penalties associated with the Affordable Care Act’s employer mandate, a dozen business groups said in a letter Wednesday to top officials in President Donald Trump’s cabinet.
A large investor of AmTrust Financial Services Inc. filed a petition Wednesday in Delaware state court demanding an inspection of corporate books and records to investigate whether the $13.50 per share being offered by AmTrust’s controlling shareholders in a take-private transaction is fair value for its holdings.
Dozens of reproductive rights, civil liberties, gender equality, religious and health groups on Tuesday supported California, Delaware, Maryland, New York and Virginia in urging the Ninth Circuit to uphold a nationwide block on Trump administration rules permitting employers to claim religious or moral exemptions to the Affordable Care Act’s contraception mandate.
A New Jersey federal judge granted Horizon Blue Cross Blue Shield of New Jersey a quick win Tuesday in a suit brought by a school nurse over the insurer’s decision to deny what it called an experimental treatment for her elbow injury.
A Texas federal judge has tossed a putative class action alleging whole-life insurance seller Citizens Inc. artificially propped up its stock price through fraudulent sales practices, agreeing with a magistrate judge’s recommendation on grounds the investors hadn’t shown the insurer had knowledge of the alleged wrongdoing.
Hurricane season in the Gulf of Mexico runs from June 1 to Nov. 30. The start of the season is a good time for vessel owners, shipyards, marinas, other marine businesses and their insurers to consider the risks, and make sure they have plans already in place when a storm approaches, says Matthew Guy of Adams and Reese LLP.
While tribes might have sovereign immunity against many third-party claims, that immunity has been eroded in recent years. Purchasing insurance can help mitigate losses, but tribes need to develop a holistic approach to truly manage all the different types of risk, say Venus Prince and Krystalyn Kinsel of Kilpatrick Townsend & Stockton LLP.
Quinn Emanuel Urquhart & Sullivan LLP engaged in an ethically dubious gambit when it allegedly attempted to prevent a group of defecting partners from poaching associates by threatening to enforce an unenforceable clause in their contract, experts said.
Weil Gotshal & Manges LLP on Wednesday said it will shorten the length of time it takes associates to reach the rank of partner or counsel in a renewed effort to keep high-quality talent at the firm.
Reed Smith LLP on Wednesday unveiled a new internal, multifaceted initiative aimed at preparing the firm’s greenest lawyers to move up the ranks and take on more responsibility at the firm.
California Attorney General Xavier Becerra is constitutionally ineligible to hold the office of attorney general and should be dropped from the November 2018 ballot, according to a lawsuit filed Tuesday in Sacramento state court by a Republican challenger.
A special master appointed in a billing probe found misconduct on the part of the attorneys who led a $300 million class action settlement with State Street Corp. and recommended that a significant chunk of a $75 million fee award be returned, according to details revealed during a contentious hearing Wednesday in a Massachusetts courtroom.
Philadelphia-headquartered Fox Rothschild LLP has agreed to merge with Shaw Fishman Glantz & Towbin LLC, a 23-attorney firm with focuses in commercial bankruptcy & restructuring, commercial litigation and real estate, according to statements released Wednesday.
The U.S. Supreme Court ruled last term that judges could hear evidence of racial bias in the jury room despite a long tradition of secrecy in such deliberations. A gay man sentenced to death by a South Dakota jury in the early 1990s is now asking the justices to apply that decision to alleged homophobia in a case to be considered next month.