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Dissolved Corporations in Delaware Retain Immortality and Liability

The Supreme Court of Delaware recently ruled that asbestos claimants can pursue their personal injury claims against dissolved corporations if the dissolved corporations have undistributed “property,” including unexhausted...more

Insurance Recovery Law -- Oct 02, 2013

Virginia Federal Court Rules Under D&O Policy that Search Warrant and Subpoena Trigger Defense Obligation Even Without A Formal Complaint or Demand - Why it matters: With increasing governmental investigations relating...more

Third Circuit Addresses Insured Status for Lessor of Commercial Auto

In its recent decision in Koons v. XL Insurance Company, 2013 U.S. App. LEXIS 5870 (3d. Cir. Mar. 25, 2013), the United States Court of Appeals for the Third Circuit, applying Pennsylvania law, had occasion to consider...more

Washington Court of Appeals Interprets the Phrase "Third Person" Under Definition of "Insured Contract"

The Washington Court of Appeals held that a liability insurance policy's contractual liability exclusion precludes coverage for an insured's contractual obligation to indemnify another party for injury to the insured because...more

Preparing for the New Wave of FDIC Suits Against Bank Directors and Officers

Directors and officers are the most likely FDIC targets for recovery claims since, in many cases, they are covered by “D&O” insurance. Typically, the FDIC asserts claims for gross negligence, negligence and breach of...more

Best Practice Series-Structured Settlements

To manage the cash flow risks associated with an organizations claims business, successful firms are employing a comprehensive Structured Settlement process to address the strategic, financial, operational, and hazard risks...more

Medicare Set-Asides-Best Practice Article

All organizations are faced with a significant number of employment and liability risk issues during these difficult economic times. Successful firms are employing a cohesive team and infrastructure to address the...more

Medical Staff Bylaws: How to create documents that are clear, compliant, and fair

In this Presentation: *How did we get here? *Erosion of “the club” *Why an “organized” medical staff? *Why bylaws? *Bylaws components *Commonly encountered bylaws weaknesses: *Conflict of interest *Member’s...more

Business overhead expense (BOE) disability insurance

Law Firm, Business overhead expense (BOE) disability insurance pays the insured’s overhead expenses if he or she becomes disabled. These polocys designed for businesses that rely on a small number of people (or one person) to...more

Hermitage v. LaShangrila

Motion for Summary Judgment

MSJ in a declaratory action regarding insurance coverage representing insurance company, removed from state court to Federal court by insurance company. ...more

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