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The Perils of an Attorney Joining a Corporate Board

From time to time, attorneys are asked to serve as corporate directors or officers. Watch out—there may be some serious perils involved for the attorney and his or her law firm....more

Insurance and Reinsurance Newsletter - Italy: July 2015

1. Solvency II - Insurance Code Amended - Legislative Decree No. 74 of 12 May 2015 was published in the Official Gazette on 15 June 2015, which has made all necessary amendments to the Insurance Code in order to...more

Is Private/Non-Profit D&O Coverage Under Priced? [Video]

From the 2015 PLUS D&O Symposium session “Who Me? I Didn’t Do Anything…Wrong,” moderator Jeff Lattmann (Beecher Carlson) and panelists Liz Olsson, RPLU (Wells Fargo Insurance) and Shelley Norman (AIG) discuss the differences...more

Mind the Gap! Avoiding Unexpected Gaps in Insurance Programs

No one insurance policy covers all liability risks. Risk managers expect to purchase several types or layers of insurance to cover different types of insurance liabilities, to provide sufficient limits for a catastrophe loss,...more

Illinois Supreme Court Agrees to Decide Fiduciary Duty Claim Against Former Counsel

In a few weeks’ time over at Appellate Strategist’s sister blog, the Illinois Supreme Court Review, we’ll address the question of just how rare it is to get an unpublished decision – what we in Illinois call a Rule 23 order –...more

‘Horizon scanning’: is a ‘Top-Level’ Firm Required to See Further?

This case involved allegations of professional negligence in the context of tax planning advice, and saw the application of reasonably familiar principles. Whilst these cases always depend on their facts, the decision may...more

Colorado Supreme Court Protects Quality Management Privilege for CDPHE-Licensed Providers

Colorado hospitals and other licensed and certified health care facilities scored a significant victory on October 14, when the Colorado Supreme Court issued its en banc ruling in Simpson v. Cedar Springs Hospital, Inc. (2014...more

Illinois Court Holds Services Performed By Sub for Parent Comes Within E&O Policy

In its recent decision in Hilco Trading LLC v. Liberty Surplus Ins. Co., 2014 Ill. App. LEXIS (Ill. 1s Mar. 17, 2014), the Appellate Court of Illinois for had occasion to consider whether appraisals and evaluations prepared...more

Only in DC: Ethics Rule Permits Non-lawyers to Own Law Firms [Video]

Mar. 19, 2014 (Mimesis Law) -- Mike McDevitt, CEO for Tandem Legal Group, is not a lawyer, but thanks to an obscure rule in Washington, D.C.'s code of ethics for lawyers he is able to have an ownership interest in the law...more

Financial Advisor Found Liable for Aiding and Abetting Director Breaches of Fiduciary Duties in Connection With Cash-Out Merger -...

In a 91-page post-trial decision, Chancellor Travis Laster found RBC Capital Markets LLC (“RBC”) liable for aiding and abetting breaches of fiduciary duty in connection with RBC’s role as a financial advisor in the 2011 $438...more

Appellate Notes: Week of July 15th

Welcome to our Supreme and Appellate Court summaries webpage. On this page, I provide abbreviated summaries of decisions from the Connecticut appellate courts which highlight important issues and developments in Connecticut...more

First-in-the-Nation Decision Upholds the Attorney-Client Privilege for Law Firms, Emphasizing the Important Role of Their In-House...

What you need to know: The highest court in Massachusetts has upheld the attorney-client privilege for in-house counsel in law firms. This is the first such decision in the nation....more

New York Court of Appeals Sets Forth New Rule for Breach of Duty to Defend

In its recent decision in K2 Investment Group, LLP v. American Guarantee & Liability Ins. Co., 2013 N.Y. LEXIS 1461, 2013 NY Slip Op. 4270 (NY June 11, 2013), New York's Court of Appeals – New York’s highest court –...more

Chad Elie v. Ifrah Law PLLC

CERTIFICATE of Interested Parties filed by Defendants Alain Jeffery Ifrah, Ifrah PLLC

[Docket Text] CERTIFICATE of Interested Parties filed by Alain Jeffery Ifrah, Ifrah PLLC that identifies all parties that have an interest in the outcome of this case. . (Lund, Kenneth) (Entered: 05/21/2013)...more

Chad Elie v. Ifrah Law PLLC

Amended Complaint (Exempt From Arbitration)

Amended Complaint (Exempt from Arbitration) filed on May 14th, 2013 by Plaintiff Chad Elie v. Ifrah PLLC, a Professional Limited Liability Company, Alain Jeffrey Ifrah a/k/a Jeff Ifrah, individually, etc. , et. al,,...more

Consumer Law Revolution: The Lawyer's Guide to Working with Online Marketing Tools (Branded Networks)

This ebook will serve as a practical how-to manual with best practices for lawyers wishing to collaborate with branded networks to market their law practice, deliver legal services to clients online, and for lawyer brand...more

Opinion Letters – Do's and Don'ts (Ethics, Professionalism and Malpractice Avoidance)

Originally published in Volume 34; Number 1 - Real Property e-newsletter, The Official Publication of the Real Property Section of the North Carolina Bar Association - September 2012. This article contains practical...more

New York Court Addresses Business Enterprise Exclusions

In its recent decision in Admiral Ins. Co. v. Adges, 2012 U.S. Dist. LEXIS 89355 (S.D.N.Y. June 27, 2012), the United States District for the Southern District of New York had occasion to consider whether a business...more

Protecting a Law Firm’s Crown Jewels

Here’s a real shocker for you: When a partner leaves a healthy law firm, he and his or her new firm can be required to return to his or her old law firm the profits made the cases he or she brings along. These obligations...more

Next Battlefield in Dewey Liquidation: Pursuing Breach of Fiduciary Duty Claims

Dewey & LeBoeuf’s inglorious galactic implosion changes all of the rules; it was not too big to fail, it was, however, far too big and corroded to fail in the relatively orderly way others before it failed. The next...more

REGULATORY BARRIERS TO THE GROWTH OF MULTIJURISDICTIONAL VIRTUAL LAW FIRMS AND POTENTIAL FIRST STEPS TO THEIR REMOVAL

The spread of disruptive technologies to the legal profession is changing the dynamic of how law firms are structured as well as the value propositions associated with the delivery of legal services. The number of law firms...more

Dealing with Outside Counsel’s Conflict of Interest (Part I)

In her many years as corporate counsel, Alice had never received a demand letter for $2 million from her company’s primary outside counsel. “What are they thinking?” Alice pondered as she picked up the phone to call the...more

Are You Prepared to Kick Butt?

Here's a blunt message to all General Counsel: "No More Mr. Nice Guy!" Given the the realignment of power in the legal profession's "New Normal," you have to exercise authority more forcefully. Demand more accountability...more

ABSs & the SRA Handbook - A New Era for 2012

Three months under the new regulatory regime - how is your business adapting, what should you be thinking about, and what are the responsibilities of your COLP and COFA? From 3rd January 2012, non-legal persons may now...more

Failure To Determine Board Meeting Formalities Leads To Six Figure Court Sanctions Against Attorney

The fundamentals of corporate action can seem about as interesting as flossing. Yet, the failure to attend to either is likely to result in unpleasant consequences as one lawyer recently discovered in Winterton v. Humitech of...more

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