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Features
In a D&O policy, the definition of "Claim" can significantly affect the scope of coverage. Disputes can arise when the insured, whether voluntarily or involuntarily, files for bankruptcy or becomes insolvent.
Debtors occasionally attempt to assert property rights that existed at the time of their bankruptcy filing. When those rights were not fully disclosed in the debtor's schedules, there is a problem.
Reviewing the impact under New York law of what appeared to be absolute assignments of rents, and whether Chapter 11 debtors can spend property rents to support their reorganization efforts despite such assignments.
The U.S. Court of Appeals for the Second Circuit on Aug. 27 barred a company that streams live TV shows over the Internet from continuing to transmit the programming, finding that to hold otherwise would 'destabilize [an] entire industry' and inflict irreparable damage on the networks.
If the verdict Apple obtained on Aug. 24 against Samsung in their smartphone and tablet trial isn't chopped down in post-trial motions or on appeal, it will stand as the largest patent verdict in history.
News flash: More lawyers are using social media! OK, we all knew that. But it's always nice to see some numbers that give us a sense of where we are. The recently published <i>2012 ABA Legal Technology Survey Report</i> on Web and communication technology does that.
Highlights of the latest insurance cases from around the country.
Features
The Supreme Judicial Court of Massachusetts issued its much anticipated decision, <i>Rhodes v. AIG Domestic Claims, Inc.</i>, clarifying the scope of damages when an insurer is found to have willfully or knowingly committed an unfair settlement practice in violation of the Massachusetts Consumer Protection Act (M.G.L. c. 93A, ' 9).
Features
The Washington Court of Appeals in <i>National Surety Corp. v. Immunex Corp.</i>, got it right when it determined that an insurer has no "right" of reimbursement.