Litigation/Liability Trends
Hurricane Laura Slams Into Louisiana; ‘Unsurvivable’ Wall of Water Predicted
Hurricane Laura made landfall early on Thursday in southwestern Louisiana as one of the most powerful storms to hit the state, with forecasters warning it could push a massive wall of water 40 miles ...
Princess Cruises Cancels Early 2021 Voyages on Two Ships Over COVID-19 Restrictions
Carnival Corp's Princess Cruises said on Monday it would cancel early 2021 cruises on two ships, citing travel, border and port restrictions due to the COVID-19 pandemic. Cruise lines, hammered by a ...
Hurricane Laura Upgraded to Category 4; ‘Unsurvivable Storm Surge’ Expected
Hurricane Laura was expected to cause catastrophic damage and "unsurvivable storm surge" to the Gulf Coast near the Texas and Louisiana border after strengthening on Wednesday to a Category 4 storm, ...
Hedge Fund Makes $3B From Bet on Wildfire Insurance Claims
Baupost Group, the hedge fund run by Seth Klarman, received more than $3 billion in July from its bet on insurance claims against PG&E Corp. connected to a series of deadly California wildfires, ...
Residents, Oil Production at Risk From Twin Storms Taking Aim at U.S. Coast
Coastal residents in low-lying areas of Louisiana and Cuba were evacuating on Sunday, while roads turned to rivers in Haiti's capital city, as twin hurricanes threatened the Caribbean and U.S. Gulf ...
U.S. Judge Narrows SEC Suit Against VW Over Diesel Emissions
A U.S. judge on Thursday dismissed portions of a U.S. SecuritieAgs and Exchange Commission lawsuit accusing Volkswagen AG of defrauding American investors in connection with the automaker's diesel ...
COVID-19 Era Draws Attention to U.S. Fund That Compensates Emergency Vaccine Injuries
A U.S. government program that compensates people who say they have been harmed by an emergency vaccine has paid out on fewer than 10% of claims, raising questions whether the process should be used ...
U.S. States Claim OxyContin Maker Purdue Pharma Owes Them $2.2 Trillion
U.S. states claimed they are owed $2.2 trillion to address harm from OxyContin maker Purdue Pharma LP's alleged role in America's opioid epidemic, accusing the drugmaker in new filings of pushing ...