Litigation/Liability Trends
Opinion: Catastrophe Bonds Are a Smashing Success
Leave it to catastrophe bonds to be among the most well-functioning debt markets out there. Issuance of "cat bonds" has climbed to more than $11 billion this year, about the same as this time in ...
1 Million-Plus Told to Flee Hurricane Florence as Mid-Atlantic States Brace for Storm
Florence was slightly weakened but not unbowed as it continued to barrel toward the U.S. East Coast on Tuesday, with forecasters saying they expect the storm to re-strengthen to near Category 5 ...
After Cyber Attack Hits 380,000 Customers, British Airways Apologizes
British Airways apologized on Friday after the credit card details of hundreds of thousands of its customers were stolen over a two-week period in the most serious attack on its website and app. The ...
$10.7B VW Investor Suit Over Diesel Emissions Scandal Set to Hit Trial Phase
Volkswagen faces a trial next week as investors seek 9.2 billion euros ($10.7 billion) in compensation arguing that the carmaker should have informed shareholders about a diesel pollution scandal ...
British Airways Data Hack Exposes Airline to Fines Under New EU Data Rules
British Airways may become the first high-profile company to run afoul of Europe's far-reaching data privacy rules -- and face potentially hefty fines -- after a computer hack compromised credit card ...
Japan Pushes to Restore Power After Quake Causes Record Blackout, Injuries, Business Interruption
Japan's northern island of Hokkaido began to restore power after a strong earthquake overnight knocked out electricity throughout the entire prefecture of more than 5 million people. The magnitude ...
State Farm Resolves Racketeering Trial With $250M Settlement
State Farm agreed to pay $250 million on the brink of a trial to customers who claimed the company tried to rig the Illinois justice system to wipe out a $1 billion jury verdict from 19 years ago. ...
Age Discrimination Hiring Practices Targeted by Upcoming Court Cases
Dale Kleber is an experienced attorney, but when he spotted an ad back in 2014 for a corporate law position at a medical device and services company that specified "no more than seven years of ...