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Case Briefs Image

Case Briefs

ALM Staff & Law Journal Newsletters

Highlights of the latest insurance cases from around the country.

Features

'Insurable Interest' and the Scope of First-Party Coverage Image

'Insurable Interest' and the Scope of First-Party Coverage

Catherine A. Mondell & Seth C. Harrington

This article reviews the fundamental underpinnings of the concept of insurable interest, and certain recent cases that have grappled with the scope of insurable interest and have articulated a more meaningful application of the concept to claims under first-party property policies.

Features

The Limited Scope of the Duty to Cooperate Image

The Limited Scope of the Duty to Cooperate

Paul A. Rose & Alexandra V. Dattilo

Although it is important for both policyholder and insurer to review carefully the cooperation clause in a liability insurance policy to determine its precise, expressed scope, it also is important for the parties to recognize that ethical rules and decisional law may serve to limit the stated scope of any duty to cooperate.

Features

Succession in Leadership Image

Succession in Leadership

William C. Cobb

Many firms that were formed in the late 1960s through the early 1990s are now facing a transition from their founding leadership to a younger generation. There are many problems and benefits that will be associated with this transition. This article discusses the issues and the approaches that a firm may take to make the transition effective and efficient with minimal disruption.

Features

Unsound Management Lowers a Firm's Income Image

Unsound Management Lowers a Firm's Income

Joel A. Rose

Too many lawyers in private practice are frustrated as they attempt to achieve both their personal and professional objectives due to the absence of sound management and administration of their firms.

Features

Pitfalls of State and Local Taxation Image

Pitfalls of State and Local Taxation

John W. Sullivan III

Most firms file their partnership income tax returns in their domiciliary state and maybe another state or two if they feel they enter the state enough to warrant filing. There are nonresident personal income tax filing requirements that come into play as well. Generally, that's the accepted state and local tax filing approach taken by many firms. Unfortunately, that's not the full spectrum of filings that must be considered in this new age of state and local taxation.

Features

IP News Image

IP News

Howard J. Shire & Joseph Mercadante

Highlights of the latest intellectual property news from around the country.

Features

Fast or Slow? Image

Fast or Slow?

Louis D. Lieto & Vern Norviel

A threshold question for each patent filing is the speed at which a patent is desired.

New Math for the Entire Market Value Rule Image

New Math for the Entire Market Value Rule

Robert Buergi

A recent order from the Eastern District of Texas shows that patentees may not be able to calculate damages under the entire market value rule using a simple (<i>market value base ' royalty rate</i>) formula. Such damages calculations may be excluded from trial, leaving the patentee seeking to recover a fraction of the original damages figure.

Ninth Circuit Holds That Even Brats Deserve Equitable Treatment Image

Ninth Circuit Holds That Even Brats Deserve Equitable Treatment

Stephen W. Feingold & Katharine M. Sullivan

Many companies require their employees to sign agreements that any inventions they create "during the course of their employment" will belong to the employer. A recent case decided by the Ninth Circuit, however, illustrates why companies should revisit such agreements in order to ensure that the ideas developed by their employees may not be exploited by those employees to the detriment of their employer.

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