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Recent Class Action Lawsuit Alleges Misappropriation of Special Needs Trust Funds
SNTs are usually for the most vulnerable of structured settlement payees as a trusted means of asset protection. SNTs will receive the periodic payments directly from the annuity issuer, and the SNT trustees have a fiduciary duty to spend the trust situs for the benefit of each beneficiary.Bumping the Bump-Up Exclusion: A Policyholder's Guide to Resisting Improper Coverage Denials
In the authors' experience, insurance companies interpret the bump-up exclusion far too broadly and beyond the insurance industry's purported intent behind the exclusion. D&O policyholders should be prepared to resist such coverage denials.McElroy Deutsch Files Complaint for MetLife to Determine Policy's Proper Beneficiaries
This suit was surfaced by Law.com Radar. Read the complaint here.Suit Against Wells Fargo Spotlights 'Sinister' Life Insurance Scheme
Wells Fargo's alleged involvement was one of many similarities between the Silbiger policy and another stranger-originated life insurance policy that the New Jersey Supreme Court declared null and void in 2019.View more book results for the query "*"
Lab Co.'s Former VP Seeks Indemnification For Hundreds of Suits Over Alleged Chemical Exposure
This suit was surfaced by Law.com Radar. Read the complaint here.Ex-Employees Say AIG Subsidiary's Chapter 11 Filing Is 'Abuse of the Bankruptcy Process'
The move was aimed at maintaining AIG's interest while giving the employees, the only non-insider creditors identified to date, less than 0.02% of what they're seeking in a Connecticut Superior Court case.Supreme Court Stresses Jurisdiction Consistency in D&O Insurance Disputes
The opinion links two other recent Supreme Court decisions that have set precedent in resolving disputes over D&O insurance coverage, all clarifying the role Delaware laws play in D&O coverage contracts.Insurers Fight Over Obligation to Defend Walmart's Opioid Litigation
This suit was surfaced by Law.com Radar. Read the complaint here.Download Now
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