Claims / Legal
NY City Sues BP Over Deepwater Horizon Spill
New York City said on Friday it sued BP Plc for more than $39 million of losses it claims beneficiaries of the city's pension funds sustained due to BP's "misconduct and fraudulent behavior" linked ...
Judge Won’t Block SEC Use Of Recording Against Goldman’s Tourre
Three years after Fabrice Tourre became the face of a major U.S. regulatory action against Goldman Sachs Group Inc., a newly uncovered phone recording is giving the Securities and Exchange Commission ...EU Antitrust Body Seeks Views On Google Concessions
Google's rivals will have the chance to comment on concessions proposed by the U.S. Internet company to end an EU antitrust investigation. Complainants including Microsoft, online travel sites ...
Coverage Analysis: Personal Gun Liability Insurance
Interest in personal liability insurance for firearms owners has expanded with the media focus on gun-centric events and the public discussion of liability issues. While specific personal liability ...
Are Class Actions Looming After Twitter Hoax?
A securities lawyer appearing on CNBC on Thursday, two days after the financial markets were shaken by a Twitter hoax, suggested that liability lawsuits—and even class actions—are now in the ...
U.S. Justice Department Says Armstrong Was ‘Unjustly Enriched’
The federal government is going after Lance Armstrong's money. As much as it can get. The Justice Department unveiled its formal complaint against Armstrong on April 23, saying the cyclist violated ...
Defining Terrorism For Policies Not A Simple Task After Boston Tragedy
There are a number of issues involved in determining whether the Boston bombings tragedy would be considered a terrorist act for insurance purposes such as determining the applicability of terrorism ...
Directors, Officers Face Increased Scrutiny: Willis/Allen & Overy Survey
The threat of regulatory investigations, criminal penalties, and anti-corruption legislation, are among the top concerns for directors and officers, according to a new survey conducted by Willis ...