A special master recommended Friday that insurance mogul Greg Lindberg pay over $1.6 billion in restitution to the insurance companies he is accused of defrauding, marking the final hurdle before the convicted billionaire is expected to be sentenced for his financial crimes.
A special master recommended Friday that insurance mogul Greg Lindberg pay over $1.6 billion in restitution to the insurance companies he is accused of defrauding, marking the final hurdle before the convicted billionaire is expected to be sentenced for his financial crimes.
Six major American insurers will join Chubb in providing $20 billion for the U.S. International Development Finance Corp.'s initiative to restore maritime trade in the Gulf region amid the Iran war, doubling the total amount of available reinsurance to $40 billion, according to an announcement Friday.
An Illinois federal court refused to toss a proposed class action against Northwestern University alleging excessive employee healthcare costs violated federal benefits law, concluding ex-workers had sufficiently backed up their allegations that an expensive plan option breached fiduciary duties.
Cigna retirees will ask the Second Circuit to revive a 24-year-old pension dispute, and the Seventh Circuit will hear a company's withdrawal liability fight with the Teamsters. Here, Law360 looks at those and two other argument sessions that benefits attorneys should have on their radar.
A Nebraska testing laboratory failed to prove that Aetna underpaid more than $53 million for COVID-19 testing services, a California federal judge has ruled, dismissing the lab's federal racketeering and state law claims against the insurer but leaving the door open to an amended suit.
The Delaware Chancery Court has declined to unwind the dissolution of Reinz Wisconsin Gasket LLC, ruling that an asbestos claimant failed to prove the defunct company had any meaningful assets that should have been preserved for future liabilities.
The Third Circuit in April is set to examine the limits of an arbitrator's authority to change awards once they've been made, potentially defining the restraints of commercial arbitration rules and when rulings can be revisited.
A wholesaler of electronic cigarette products is owed nearly $5 million in coverage for a warehouse fire that destroyed its inventory, it told an Illinois federal court, saying its insurer has wrongfully refused to pay anything beyond the $1.3 million it already paid for the loss.
Insurers urged a Colorado federal judge to allow them to escape claims from a mental health and substance use treatment facilities operator's lawsuit, alleging the facility lacks standing to bring claims under federal benefits and mental health parity laws.
Boston-based RSC Insurance Brokerage Inc. has sued two former managing directors for allegedly orchestrating a talent and client "raid" while jumping to rival Marshall & Sterling Enterprises Inc., purportedly causing more than 15 accounts worth close to $900,000 in revenue to leave with them.
Allstate voluntarily dropped DoorDash from its Washington federal suit seeking a judgment that it has no duty to defend a delivery driver facing allegations he killed another man in a road rage incident, leaving Uber as the only corporate defendant in the coverage dispute.
Artificial intelligence-driven megadeals fueled a jump in first-quarter global mergers and acquisitions value, but lagging middle-market and private equity activity weighed on deal volume, as attorneys cautiously anticipate a broader rebound.
Michigan's financial services sector saw several significant developments in 2026's first quarter, including the state Department of Insurance and Financial Services' issuance of a bulletin on the use of artificial intelligence and the Michigan House's introduction of a bill based on the Model Money Transmission Modernization Act, say attorneys at Dykema.
A former trademark associate told a Manhattan federal jury Monday that DLA Piper "blindsided" her with termination after she announced she was pregnant, but the BigLaw firm countered that she was fired for "repeated mistakes" and other on-the-job shortcomings.
Jones Day is the latest law firm to be hit by a cyberattack, the firm confirmed Monday, revealing that an unauthorized party accessed files of 10 clients.
A former Troutman Pepper Locke LLP associate asked a D.C. federal court Monday to pause a suit as the two sides have reported they had reached a settlement agreement over her discrimination claims against the firm, sidestepping a trial set to begin next month.
A group of former U.S. Equal Employment Opportunity Commission officials are backing four BigLaw firms in the Trump administration's consolidated D.C. Circuit appeal seeking to revive executive orders targeting the firms, arguing the president's directives contradict how Congress meant for the EEOC to operate.
More than a dozen Sorrento Therapeutics shareholders sued law firm Jackson Walker LLP and the defunct biopharmaceutical company's ex-CEO for over $100 million, accusing them of conspiring to launch an unnecessary bankruptcy in an irrelevant jurisdiction.
As threats against local judges continue to ramp up, protection and incident tracking varies not only from state to state but county to county, making it difficult to draw the national judicial security landscape. Now, lawmakers are looking to use federal resources to even out disparities.
The Legal Services Corp. is asking Congress for $2.14 billion in fiscal year 2027 to fund civil legal services for low-income Americans who cannot afford an attorney.
A disbarred New Orleans attorney has asked a federal judge in Louisiana for a new insurance fraud trial, arguing a suite of issues from her federal trial last month caused her to receive what she described in a filing as a "miscarriage of justice."
The College of Commercial Arbitrators has urged the D.C. Circuit to reject the Trump administration's consolidated D.C. Circuit appeal seeking to revive executive orders yanking the security clearances of four BigLaw firms, arguing a contrary ruling would "imperil" arbitration in the U.S.
A federal judge Monday refused to overturn a former Wisconsin state judge's conviction for helping shield a defendant in her courtroom from arrest by U.S. Immigration and Customs Enforcement agents, rejecting her contention that, because ICE had no authority to make the arrest in the courthouse, there was no obstruction.
Illinois Supreme Court justices have asked a Chicago federal judge to throw out constitutional claims filed by a retired Illinois state trial court judge alleging he was wrongfully terminated over protected speech in a political opinion column, with the justices arguing the federal court should not interfere with a state court matter.
The U.S. Supreme Court on Monday vacated an appeals court's order upholding Steve Bannon's conviction over his nonresponse to a congressional subpoena investigating the Jan. 6 insurrection, clearing the way for the Justice Department to dismiss his indictment.
The Delaware Chancery Court's docket this past week featured a mix of high-profile corporate disputes, insider trading allegations, contract fights and significant rulings shaping fiduciary duty and deal litigation.
