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Lead-Paint Claims in VT and GA
Thirty years after its introduction, the absolute pollution exclusion continues to be the subject of vigorous litigation, recently reaching the supreme courts of Vermont and Georgia. In December 2015, the Vermont Supreme Court issued its decision in Whitney v. Vermont Mutual Insurance Co., No. 2015-073, 2015 WL 8540432 (Vt. Dec. 11, 2015), in which it refused to limit the absolute pollution exclusion to “traditional” environmental claims. Many had wondered whether the Georgia Supreme Court would follow suit, which it did in its recent ruling in Georgia Farm Bureau Mut. Ins. Co., No. S15G1177, 2016 WL 1085397 (Ga. Mar. 21, 2016), reaffirming its earlier determination that the exclusion is not subject to a limiting gloss arising out of its original purpose of reinforcing the earlier qualified pollution exclusion. Cf. Reed v. Auto-Owners Ins. Co., 284 Ga. 286 (2008). Indeed, both cases find that the injury-causing agent falls within the definition of a “pollutant.”
1. VT Finds Absolute Pollution Clause Not Inherently Ambiguous
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.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
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?
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.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.