First Modifications Since 2001 Considered for UCC Article 9
This article discusses several items on the Article 9 Joint Review Committee's agenda that could result in amendments to UCC Article 9, certain secured transactions provisions of UCC Article 8 and the official comments.
A Firm's Culture Affects Partners' Compensation
This article explores two aspects of attorney compensation: first, the standards of evaluation, and second, the compensation decisions based upon these standards.
Features
Maintaining Trust: Rules, Snares, and Worries in Trust Account Management
Lawyers constantly face ethical snares on the use of and accounting for client trust accounts.
Case Briefs
Recent rulings of importance to you and your practice.
Features
The Follow-the-Fortunes Doctrine
This article explores the boundaries of the follow-the-fortunes doctrine. Does it have any limits? Does a cedent have carte blanche to impose its claims decisions and allocations of claims settlements upon a reinsurer without question? Do the answers to the questions depend upon whether the dispute is before a court or an arbitration panel?
Features
The Insurer's Duty and the Four Corners Rule
An insurer has a duty to defend a claim that is arguably within the policy's coverage. While some courts look solely to the complaint to determine the existence of a duty to defend, other courts consider extrinsic facts. This article discusses the parameters of the duty to defend, and identifies the evidence to be considered in analyzing that duty.
NJ Judge Approves $69M Partial Settlement
A federal judge in Newark, NJ, has approved a $69 million settlement in a class action accusing leading insurance brokers of conspiring with carriers to manipulate the market.
Features
State of California v. Continental Insurance Company
In a blow for insurers and contrary to the weight of authority in multiple other juridictions, the California Court of Appeals for the Fourth District recently reversed the trial court on its so-called "no stacking rule" and affirmed the trial court in its "all sums" liability allocation.
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