Litigation/Liability Trends
Boeing Shareholders Allowed to Sue Company Over Two Fatal 737 MAX Crashes
A Delaware judge ruled on Tuesday that Boeing's board of directors must face a lawsuit from shareholders over two fatal 737 MAX crashes that killed 346 people in less than six months. Vice Chancellor ...
Allianz Investment Funds Under Investigation in Germany
German regulators have launched an investigation into the country's biggest financial company, Allianz, after the demise of some of its U.S. investment funds last year, people with direct knowledge ...
Judge Will Approve Purdue Pharma Bankruptcy Plan Shielding Owners From Opioid Lawsuit Liability
A U.S. judge said on Wednesday he would approve OxyContin maker Purdue Pharma LP's bankruptcy reorganization plan, clearing a path to resolve thousands of opioid lawsuits and shielding the company's ...
Insurers Balk at Coverage for New Satellites as Space Debris Swells
An ever-swelling amount of space debris is threatening satellites that hover around Earth, making insurers leery of offering coverage to the devices that transmit texts, maps, videos and scientific ...
Chubb Unit Disputes Aspect of Boy Scouts Sex Abuse Settlement, Complicating Resolution
A dispute over whether a unit of insurance giant Chubb Ltd. must contribute to a trust fund for sexually abused Boy Scouts is complicating talks to end the youth group's bankruptcy case. Lawyers for ...
‘Mission: Impossible’ Film Studio Sues Insurer Over Lack of COVID Shutdown Payments
Production on the new "Mission: Impossible" movie was shut down seven times due to the coronavirus pandemic, according to a lawsuit filed on Monday that accuses the film's insurance company of ...
Evidence From Collapsed Condo Reportedly Shows Extensive Corrosion and Concrete Issues
Video released by a team of federal investigators shows more evidence of extensive corrosion and overcrowded concrete reinforcement in a Miami-area condominium that collapsed in June, killing 98 ...
Tesla Driving in Autopilot Rams Into Florida Highway Patrol Cruiser
A Tesla driving in autopilot mode slammed into a Florida Highway Patrol cruiser on an interstate near downtown Orlando and narrowly missed its driver, who had pulled over to assist a disabled ...