Litigation/Liability Trends
Instagram, Crowdsourcing and the New Risks of Emerging Technology
At its peak in 1996, Kodak—then the world's largest camera maker and photo film supplier—had revenues in excess of $16 billion and employed more than 145,000 people. But after 130 years in ...
Bank of America to Pay $228M to Settle Forced-Place Insurance Claims
Bank of America Corp. agreed to pay $228 million to settle claims the bank overcharged for insurance homeowners were forced to accept when their regular policies lapsed. The amount was disclosed in a ...
White House Launching Executive Actions on Pay Equality for Women
President Barack Obama will launch two new executive actions this week aimed at increasing transparency about women's pay in a continuing effort to ensure women are paid equally to their male ...
Dismissal of Hebrew National Lawsuit Not Kosher: Appeals Court
A year after ConAgra Foods Inc won the dismissal of a lawsuit claiming that its Hebrew National hot dogs were not kosher, a higher authority has given the case new life. A federal appeals court in ...
AIG Challenges New York Regulator’s Authority Over Sales to Multinationals
American International Group Inc. sued to block New York's top financial regulator, Benjamin Lawsky, from fining it over marketing insurance overseas without a state license, claiming it would be ...
Chevron Can Bring Fraud Claims Against Patton Boggs, NY Judge Rules
A New York judge has allowed Chevron Corp to sue Patton Boggs over claims that the Washington law and lobbying firm engaged in fraud while trying to enforce a multibillion-dollar environmental ...
TWIA Sued Over Post-Hurricane Ike Policyholder Costs
A Corpus Christi man is suing the Texas Windstorm Insurance Association (TWIA) for hundreds of millions of dollars because he says it improperly passed on costs to policyholders like him after ...
GM Hires Feinberg to Handle Recall; CEO Barra Testifies Before Congress
General Motors Co. has retained Kenneth Feinberg, who supervised claims funds after the BP Plc oil spill and other calamities, as a consultant to explore options for families of accident victims ...