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New ISO Forms Impact Construction Contracts
The Insurance Services Office, Inc. (“ISO”) started introducing new commercial general liability forms and endorsements in April 2013. This is the first major revision in several years. In this new rollout, ISO makes 11 coverage form changes, including a change to the Other Insurance provision, and over 80 endorsement changes. Most of the endorsement changes consist of revisions to previously existing endorsements, but ISO is also introducing several new endorsements.
The new ISO line includes major changes to over 20 additional insured endorsements, along with the introduction of a brand new blanket additional insured endorsement. The revision additionally includes a change to the endorsement modifying the definition of “insured contract.” Over 30 professional service endorsements have undergone changes. These new forms and endorsements will significantly impact coverage for contractual indemnity and additional insured obligations assumed by policyholders in contracts, particularly in the construction industry.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.