Litigation/Liability Trends
U.S. Justices Clamp Down On Class Actions In AMEX Case
The U.S. Supreme Court delivered its latest blow to class action lawsuits on Thursday when it enforced an arbitration agreement that prevents merchants from banding together to make antitrust claims ...Madoff Trustee Cannot Sue Big Banks, U.S. Court Rules
The trustee seeking money for Bernard Madoff's victims suffered a big defeat as a federal appeals court rejected his bid to recover nearly $30 billion from JPMorgan Chase & Co. and other banks he ...
ACE Publishes Decade’s Worth Of Large Losses By Industry, Limits Data
ACE Bermuda released its "2013 Liability Limit Benchmarks and Large Loss Profile Report" this week, an annual compilation of some of the largest third-party liability losses occurring over the last ...
Will Solar Panels Fuel New Wave Of Construction Defect Litigation?
The solar construction industry has been extremely hot in recent years. Perhaps, too hot. The sector's rapid growth has led to an oversupply of solar panels, which has turned up the heat on ...
Increased Litigation Driving Up Lawyer Hiring: Robert Half Survey
A surge in litigation-related work is driving up hiring at U.S. law firms, according to a recent report. According to survey of 200 lawyers at some of the largest law firms and corporations in the ...
SEC Settlement Policy May Pressure Other Agencies To Toughen Up
The decision by the U.S. Securities and Exchange Commission to seek admissions of wrongdoing in select enforcement cases is expected to put pressure on other federal financial regulators to get ...
Energy Drinks, Office Sitting Breaks, Genetic Bias In Insurance On AMA Agenda
A group representing 225,000 U.S. doctors called for a ban on marketing energy drinks, such as those from Red Bull GmbH and Monster Beverage Corp., to youths. The American Medical Association, in a ...U.S. Judge Limits Ex-Goldman Sachs Exec Tourre’s Defense In CDO Fraud Case
A federal judge on Wednesday limited the extent to which former Goldman Sachs Group Inc. vice president Fabrice Tourre can argue that he was acting on the advice of company lawyers in his defense ...