An insurer does not owe coverage in an antitrust suit accusing a pharmaceutical company of suppressing generic versions of the Parkinson's treatment Apokyn, a Maryland federal judge ruled, finding the dispute does not involve "securities claims" covered under the insurer's policy.
An insurer does not owe coverage in an antitrust suit accusing a pharmaceutical company of suppressing generic versions of the Parkinson's treatment Apokyn, a Maryland federal judge ruled, finding the dispute does not involve "securities claims" covered under the insurer's policy.
A professional liability insurer for a law firm owes no coverage for a suit against the firm's named partner alleging he coordinated with his wife to steal trade secrets from a corporate client where his wife served as an executive, a Georgia federal judge ruled Wednesday.
An AIG unit is entitled to $3.9 million of a contractor's attorney fee award in underlying arbitration over a bridge building project, an Indiana federal court ruled, rejecting a surety's contention that the insurer's right to the award is secondary to its perfected security interest or equitable subrogation rights.
Federal regulators moved Wednesday to curb their authority to subject large asset managers, insurers and other nonbank firms to heightened, bank-like supervision, proposing guidelines that would reinstitute tougher standards for these too-big-to-fail designations.
A Massachusetts federal judge on Wednesday largely rejected a bid by insurers and brokers to toss claims that they colluded in a kickback scheme to steer Medicare Advantage customers to certain companies and to push away disabled individuals.
A Michigan appellate panel has affirmed a multi-million-dollar judgment won by the city of Detroit following a bench trial, holding that developers improperly kept millions in insurance proceeds after a fire destroyed a senior housing project.
A Liberty Mutual unit must face most of a Connecticut woman's claims that the insurer mishandled a car crash suit she filed against its policyholder that ultimately resulted in a nearly $1.6 million judgment, a Connecticut federal court ruled.
A White & Case LLP staffer sued the law firm in New York state court Wednesday, alleging the firm's purported "hostile work environment" shielded his colleagues after they allegedly shared nude photos of him, which he claims were taken by his supervisor while he was unconscious at a firm-sponsored party.
Upholding a foreign arbitration award against a wine importer, the Ninth Circuit on Thursday ordered its attorneys at Akin Gump Strauss Hauer & Feld LLP to explain why they and their client shouldn't pay their opponent's attorney fees for bringing a "frivolous" and "self-indulgent" appeal.
Weeks ahead of an anticipated May trial over discrimination and retaliation claims brought by a former Troutman Pepper Hamilton Sanders LLP associate, the firm and its onetime employee are sparring over the scope of evidence that may be presented at trial.
A Manhattan federal judge suggested Thursday that the Trump administration should revisit its refusal to allow former Venezuelan President Nicolás Maduro to access his country's funds to pay for his defense against narco-terrorism and trafficking charges.
The leaders of the Federal Trade Commission and U.S. Department of Justice's Antitrust Division said Thursday that companies can lobby the agencies all they want, but enforcers will still make merger and conduct decisions based on the facts and the law.
A Republican-led bill that would give the executive branch more authority over the installation of U.S. attorneys was advanced out of a House committee Thursday.
