The U.S. Court of Appeals for the Second Circuit upheld a district court's ruling granting a defendant auctioneer's motion to dismiss, finding the COVID-19 pandemic created "a circumstance beyond the parties' reasonable control" as outlined in the force majeure clause of an agreement for the sale of a painting.
The SEC has ruled in favor of the shareholders despite Chubb and other large insurers filing No Action requests in response to the initial filings.
Instead of looking solely to the allegations in the pleadings and the terms of the insurance policy, Texas courts may now look beyond the eight corners of those documents to extrinsic evidence under certain circumstances.
Instead of looking solely to the allegations in the pleadings and the terms of the insurance policy, Texas courts may now look beyond the eight corners of those documents to extrinsic evidence under certain circumstances.
In what may be the first finding that a general liability policy will cover some data breach losses, a U.S. District court has ruled that Target can recover settlements it paid to banks in connection with a 2013 breach.
Wildfires have been raging across Texas. Crittenberg Complex fire, about 70 miles north of the state capital, had burned more than 33,000 square acres.
California notice to insurers doing business in the state to immediately divest of financial holdings in Russian property or assets to show solidarity support to Ukraine.
D&O policies may initially appear to be standardized, but a well-informed policyholder can recognize opportunities to negotiate more favorable language.
Instead of looking solely to the allegations in the pleadings and the terms of the insurance policy, Texas courts may now look beyond the eight corners of those documents to extrinsic evidence under certain circumstances.
Instead of looking solely to the allegations in the pleadings and the terms of the insurance policy, Texas courts may now look beyond the eight corners of those documents to extrinsic evidence under certain circumstances.