The Eighth Circuit on Thursday upheld a ruling that an insurer does not have to pay out a $4 million life insurance policy to Wells Fargo Bank NA, finding the policy taken out on the now-deceased man was void because it was obtained through a scheme meant to benefit investors.
The Eighth Circuit on Thursday upheld a ruling that an insurer does not have to pay out a $4 million life insurance policy to Wells Fargo Bank NA, finding the policy taken out on the now-deceased man was void because it was obtained through a scheme meant to benefit investors.
A Massachusetts federal judge late Wednesday declined to block the government from requiring medically frail Medicaid recipients to prove they are significantly impaired to avoid a new requirement that they engage in 80 hours of work or volunteering per month or attend school part-time.
A California ruling boosting policyholders' prospects in water leak suits and a Texas Supreme Court decision compelling appraisal in a commercial property loss are among the biggest property insurance decisions of the year so far. Law360 has a midyear look at the top property insurance decisions.
A New Jersey federal magistrate judge conditionally certified a collective of insurance sales agents, finding they offered more than speculation that common policies deprived them of pay for computer work and bonuses.
An Illinois federal judge has said an employment liability insurer cannot shake claims alleging it improperly denied coverage for a wrongful termination lawsuit, ruling it wasn't yet clear whether the termination should be linked to a medical leave letter involving the employee in a prior coverage year.
Health plans and pharmacies backed by Cigna are asking the Second Circuit to revive a proposed class action alleging Bristol-Myers Squibb Co. and its Celgene subsidiary fraudulently obtained patents, filed sham lawsuits and paid off generic-drug makers to maintain a monopoly on the blockbuster blood cancer drug Pomalyst.
A Chubb unit urged a Washington federal court to toss Costco's suit seeking coverage for a personal injury action under a home décor brand's policy, saying the retailer failed to state a claim for additional insured coverage because the underlying injuries are not related to the brand's products.
O'Reilly Automotive Inc. must face a former employee's lawsuit alleging he was unlawfully charged hundreds of dollars more per year for health insurance because he used tobacco, with a Missouri federal judge ruling Thursday that his claims were detailed enough to stay in court.
Blackstone Inc. announced Thursday that it will acquire HSBC Bank Australia Ltd.'s AU$36 billion ($25 billion) home and personal loan portfolio, as HSBC plans to focus on its corporate and institutional banking presence in Australia and New Zealand.
The Eleventh Circuit's recent ruling certifying to the Florida and Georgia Supreme Courts the question of whether insurers must provide coverage against suits claiming policyholders improperly distributed opioids may ultimately result in a counterbalance to the Delaware line of cases denying coverage for government opioid suits, say attorneys at Pillsbury.
Instructing a law school course on U.S. Securities and Exchange Commission investigations has made me a more thoughtful, deliberate practitioner because it requires me to continually reassess and challenge what I know about securities law enforcement, how I know it and how best to explain it, says David Chase at Miami Law.
A legal advocacy group said Thursday it had lodged U.S. Equal Employment Opportunity Commission charges against a nonprofit and law firms including Jones Day, White & Case and Morgan Lewis, claiming Muslim and Middle Eastern students were getting unlawful preference in a fellowship program.
The American Bar Association is poised next week to eliminate the first of multiple diversity-related law school standards, a controversial move that it hopes will allow it to remain an accreditor despite an uncertain outcome in the face of a Trump administration increasingly wary of the association's role in legal education.
A proposed federal class action filed Wednesday accuses WilmerHale of failing to protect clients' personal information after an employee allegedly disclosed sensitive data, including Social Security numbers, to an unauthorized person who misrepresented their identity back in May.
Two men pled guilty Thursday in Massachusetts federal court to their roles in a sweeping scheme to trade on inside information stolen from huge corporate law firms about upcoming deals.
A unanimous Illinois appeals court sanctioned an attorney representing a former Starbucks employee in a workplace discrimination suit after determining that he submitted briefs using false citations and quotations hallucinated by artificial intelligence software.
With Sens. John Cornyn, R-Texas, and Thom Tillis, R-N.C., still on the fence about acting Attorney General Todd Blanche's confirmation to be attorney general, President Donald Trump said Thursday he might renominate Blanche next year when the two senators are no longer serving in the Senate.
New York prosecutors told a state appellate court that President Donald Trump's 34-count felony conviction for falsifying business records is "unaffected" by the U.S. Supreme Court's watershed presidential immunity decision and should be upheld.
A bipartisan group of senators introduced a bill on Thursday that would create a pilot program for the federal judiciary to obtain direct authority to maintain its buildings, which the judiciary says is desperately needed.
The Bronx Defenders' executive director said on Thursday that the union representing the organization's over 300 attorneys and staff has rejected an updated offer on wages, with both sides still at odds over the prospect of separate salary scales for lawyers and social workers.
