Business Organization, Civil Remedies, Insurance

California Court Holds That Historical Insurance Coverage Forms “One Giant Uber-Policy”

by Perkins Coie on 8/14/2012

Corporate policyholders seeking insurance coverage for “long-tail” claims in California and elsewhere have reason to cheer. On August 9, 2012, the California Supreme Court granted corporate policyholders the right to...more

Condo Directors Held Personally Liable for Legal Costs - A Follow-up

by Heenan Blaikie LLP on 8/2/2012

In response to our recent post on the case of Boily v. Carleton Condominium Corp. No. 145, where board directors were held by a court to be personally responsible for legal costs incurred by a group of owners, one of our...more

Condominium and New Home Warranties and Rights of Action

by Ober|Kaler on 6/27/2012

Construction defect issues diminish both the value and enjoyment of homeownership, and are significant problems for homeowners and their associations, as well as potential sources of liability for developers and builders. And...more

Pennsylvania Court Considers Coverage for Gerry Sandusky Under D&O Policy

by Traub Lieberman Straus & Shrewsberry LLP on 6/8/2012

In its recent decision in Federal Ins. Co. v. Sandusky, 2012 U.S. Dist. LEXIS 76880 (M.D. Pa. June 4, 2012), the United States District Court for the Middle District of Pennsylvania had occasion to consider whether a D&O...more

7th Circuit Holds No Coverage for Restitution Claim Under D&O Policy

by Traub Lieberman Straus & Shrewsberry LLP on 4/13/2012

In its recent decision in Ryerson Inc. v. Federal Ins. Co., 2102 U.S. App. LEXIS 7372 (Apr. 12, 2012), the United States Court of Appeals for the Seventh Circuit, applying Illinois law, had occasion to consider whether an...more

Who is responsible to repair and pay for flood damage in a condominium unit?

by Heenan Blaikie LLP on 3/7/2012

We were recently asked to provide advice following a flood in a condominium unit. The condominium corporation was surprised to hear that it may have the obligation to repair the unit despite the fact that the damage was...more

Insurance company not entitled to a jury trial during a hearing to determine whether an insured’s settlement with a claimant was...

by Stephanie Grassia on 2/9/2012

Insurance company not entitled to a jury trial during a hearing to determine whether an insured’s settlement with a claimant was reasonable and not the product of fraud or collusion; appellate court upholds trial court’s...more

"Stay Cool" Response Does Not Reject Carrier's Proposed Defense Arrangement

by Sedgwick LLP on 12/29/2011

In Endurance American Specialty Co. v. Lance-Kashian & Co., 2011 WL 5417103 (E.D.Cal. Nov. 8, 2011), the District Court held that an insurer properly allocated defense costs and set reasonable defense counsel rates. ...more

It's Not the Bark, it's the Bite: Why it's important to aggressively defend your business at any Regulatory Board Hearing

by Jaburg Wilk on 1/31/2011

Many Arizona businesses have a regulatory agency, board or commission that governs their professional activity. These agencies adopt regulatory rules and, in the case of some agencies, prescribe minimum work...more

Will Insurance Cover California Wage and Hour Class Actions?

by Venable LLP on 12/12/2010

There is a strong possibility that wage and hour class actions may be covered under many Employment Practice Liability (EPL) or Directors and Officers Liability (D&O) policies. In a pending coverage action in the Central...more

District Court Holds No D&O Insurance Coverage For Attorneys' Fees And Costs Incurred In Voluntary Response To SEC Investigation

by Sheppard Mullin Richter & Hampton LLP on 10/28/2010

In Office Depot, Inc. v. National Union Fire Insurance Co. of Pittsburgh, Pa., No. 09-80554-CIV-MARRA, 2010 WL 4065416 (S.D. Fla. Oct. 15, 2010), the United States District Court for the Southern District of Florida recently...more

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Business Organization › Civil Remedies › Insurance