Louisiana Supreme Court Reverses; No Coverage Owed for COVID Shutdown
The Louisiana Supreme Court has joined state high courts across the nation in rejecting a policyholder's business interruption claim for income lost because of government ...
Litigation/Liability Trends
Government’s SVB Intervention Saved Insurers From Significant D&O Claims
Had the federal government not stepped in to make Silicon Valley Bank (SVB) depositors whole, providers of directors and officers insurance for startups and venture ...
Zuckerberg Was Warned on Social Media Addiction, Filing Says
Employees at Meta Platforms Inc. and ByteDance Inc. were aware of the harmful effects of their platforms on young children and teenagers but disregarded the information ...
Silicon Valley Bank Parent SVB Financial Group Faces First Securities Class Action
Silicon Valley Bank (SVB) on Monday was hit with what appears to be the first federal securities class-action lawsuit against it, carrying allegations that the bank made ...
Show Must Go On for Broadway Theaters’ COVID Loss Claim, Federal Judge Rules
A New York federal judge has refused to lower the curtain on a COVID-19 business loss claim by the owner of five Broadway theaters because the entertainment insurance ...
New York City Agrees to $6M Settlement Over Police Response to George Floyd Protests
About 320 people arrested during a George Floyd protest in the Bronx on June 4, 2020, and who claim the police used excessive force and violated their civil rights, will ...
How Is Your Food Processed? An ‘Emerging Damage’ Risk
I am old enough to have been taught the four basic food groups in elementary school and the importance of eating some from each of the groups no matter how much I might ...
States Look to Remove Legal Protections for Gun Industry
Mass shootings in America invariably raise questions of fault. The police's delayed response outside an elementary school in Uvalde, Texas. A district attorney's failure ...
U.S. Supreme Court Torn Over Challenge to Internet Firms’ Legal Shield
U.S. Supreme Court justices on Tuesday expressed uncertainty over whether to narrow a legal shield protecting Internet companies from a wide array of lawsuits in a major ...
Litigation Funders Deployed $3.2B in U.S. Investments Last Year
Companies that finance U.S. commercial lawsuits in exchange for a cut of any recoveries upped their investments last year, committing $3.2 billion, according to a new ...