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Mississippi Court Upholds Flood Exclusion as Applied To Hurricane Katrina Losses
The U.S. District Court for the Southern District of Mississippi recently held that the flood exclusion in a homeowner's policy was not ambiguous and, therefore, would be enforced as written. As a result, losses related to flooding from Hurricane Katrina's storm surge were within the exclusion. Buente v. Allstate Property & Casualty Insurance Co., Civil Action No. 1:05CV712 (S.D.Miss. April, 2006).
The exclusion stated, in pertinent part, as follows: 'We do not cover losses to the [insured] property consisting of or caused by: 1. Flood, including, but not limited to surface water, waves, tidal water or overflow of any body of water, or spray from any of these, whether or not driven by wind ' 4. Water or any other substance on ' the surface of the ground regardless of its source.'
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
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As consumers continue to shift purchasing and consumption habits in the aftermath of the pandemic, manufacturers are increasingly reliant on third-party logistics and warehousing to ensure their products timely reach the market.
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?