Litigation/Liability Trends
JPMorgan Hit by U.S. Bribery Probe into Chinese Hiring
U.S. authorities have opened an investigation into whether JPMorgan Chase & Co hired the children of powerful Chinese officials to help it win business in China, according to the New York Times. ...
Will BP’s Hard-Line Legal Tactics Backfire?
BP's hard-line legal tactics aimed at capping the financial blowout from the 2010 Gulf of Mexico oil disaster will backfire, according to Joe Rice, negotiator of last year's settlement on behalf of ...
AIG Expands D&O Side A Capacity to $100M
American International Group, Inc. announced Thursday that it is now offering globally up to $100 million in limits for Side A directors and officers liability insurance. Side A insurance responds ...
Apple Faces Possible 2014 Trial on e-Book Damages; Amount Could be Hundreds of Millions
The federal judge who ruled that Apple Inc. violated antitrust law by conspiring with five major publishers to raise prices of e-books has scheduled a May 2014 trial to determine damages, according ...BP Asks Judge to Deny Investor Class-Action Against Company, Officers
BP Plc asked a federal judge to deny U.S. investors the right to pursue a class action, or group, lawsuit claiming the company misled them before and after the 2010 Gulf of Mexico oil spill. The ...
Judge Allows California Case Against Standard & Poor’s To Proceed
A U.S. judge has allowed the California attorney general's office to proceed with a lawsuit accusing Standard & Poor's of misleading investors by inflating its credit ratings that led to ...
Samsung Sued by Brazil Prosecutor For Factory Working Conditions
Samsung Electronics Co. was sued by a Brazil public prosecutor who says workers at a company factory were subject to unsafe conditions, according to a statement on a government website. The Public ...
Designation of Obesity as Disease Could Affect Workers’ Comp
The recognition of obesity as a disease may have a significant impact on workers' compensation claims, according to a from the California Workers' Compensation Institute The group issued the report ...