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March 18, 2024 | Delaware Business Court Insider

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.
8 minute read
October 01, 2023 | Delaware Business Court Insider

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.
12 minute read
August 21, 2023 | Delaware Business Court Insider

Litigation Leaders: Cohen Ziffer Chair Talks the Advantages of Being on the Policyholder Side of the Insurance Recovery Practice

In February 2022, a Delaware jury found that Conduent allegedly tried to defraud AIG into covering part of its Medicaid fraud-related settlement.
12 minute read
April 18, 2023 | Delaware Business Court Insider

McElroy Deutsch Files Complaint for MetLife to Determine Policy's Proper Beneficiaries

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
April 06, 2023 | Delaware Business Court Insider

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.
5 minute read
Law Journal Press | Digital Book Texas Personal Automobile Insurance Policy 2020 Authors: Janet K. Colaneri, Bret Weatherford View this Book

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January 25, 2023 | Delaware Business Court Insider

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.
1 minute read
January 24, 2023 | Delaware Business Court Insider

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.
3 minute read
January 17, 2023 | Delaware Business Court Insider

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.
3 minute read
December 19, 2022 | Delaware Business Court Insider

Insurers Fight Over Obligation to Defend Walmart's Opioid Litigation

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
November 07, 2022 | Delaware Business Court Insider

State Farms Alleges Amazon Misappropriated Tech in Venture to Develop Alexa-Supported Senior Living Center

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

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