Legal Updates Archive

Seventh Circuit Confirms the Independence of the “Settlement Payment” and “Securities Contract” Safe Harbors of 11 U.S.C. § 546(e)

SEC Brings Enforcement Action for Public Company’s Disclosure Violations During Defense Against Hostile Takeover Bid

DE Court Holds Sell-Side Financial Advisor Liable for Aiding and Abetting Board's Fiduciary Breach in Merger

Advertising Injury Coverage Applies Broadly to Include Unjust Enrichment Claim Causally Connected to General Liability Policy’s Enumerated “Offenses”

Federal Court Allows Exclusion of Rule 14a-8 Shareholder Proposal from Proxy Materials Due to False Statements

Policyholder's Reformation Claims Jeopardized By Failure to Act Swiftly Following Loss

Loss of Coverage Due to Insured’s Failure to Obtain Consent to Settlement Illustrates The Importance of Obtaining Sound Coverage Advice Throughout The Claim Process

General Liability Insurer Must Defend Manufacturing Defect Claims; "Gist of the Action" Doctrine Rejected

Federal Appeals Court Agrees That EPA Questionnaires and "PRP" Letters Constitute a "Suit," Triggering Coverage Under General Liability Policies

Insurance Policy's Statutory Rights Exclusion Does Not Apply To Data Breach Claims