By Tom McParland | March 25, 2022
Parnas admitted to providing "false information" to investors in the firm Fraud Guarantee. He was not offered a deal from prosecutors in connection with the guilty plea.
New York Law Journal | Expert Opinion
By Scott Mollen | March 15, 2022
Scott Mollen discusses "Rodriguez v. Richards," a breach of contract case where the seller was entitled to keep a $50,000 deposit even though the contract lacked a liquidated damage provision, and "450 Grand Avenue Realty LLC v. Technology Insurance Company," an insurance case where the court granted a motion to dismiss finding that a COVID-19 moratorium was only applicable to policyholders experiencing financial hardship due to the pandemic.
New York Law Journal | Analysis
By Michael A. Sirignano | March 3, 2022
As Michael A. Sirignano discusses in this edition of his Insurance Fraud column, opioid fraud (or allegations of such fraud) reaches into nearly every segment of the industry, from prescribing physicians and medical staff to pharmacies, and results in significant financial losses to private insurance carriers and government health insurance programs including Medicare and Medicaid.
By ALM Staff | February 24, 2022
This suit was surfaced by Law.com Radar. Read the complaint here.
By Charles Toutant | February 8, 2022
The car accelerates if, and only if, the driver told it to do so, and it slows or stops when the driver applies the brake, Tesla said.
By Tom McParland | February 7, 2022
U.S. District Judge Lewis J. Liman of the Southern District of New York said a director-and-officer liability policy required that defense costs be paid directly to counsel and did not constitute a debt that could be attached as a property interest under New York civil practice rules.
New York Law Journal | Analysis
By Jonathan A. Dachs | January 18, 2022
In this edition of his Insurance Law column, Jonathan A. Dachs reports on the State of New York Department of Financial Services' recently published 2021 Automobile Insurance Complaint Rankings.
New York Law Journal | Analysis
By Michael A. Sirignano | January 6, 2022
It is not difficult to understand why insurance fraud remains such a key area of focus for government officials, carriers and attorneys.
New York Law Journal | Analysis
By Andrew Otis and Brittany Batts | January 5, 2022
This article discusses how New York domestic insurers can use the ESG framework to develop effective policies and procedures to implement management changes consistent with the guidance ahead of the Aug. 15, 2022 deadline.
By Jane Wester | December 28, 2021
The three-judge panel of Guido Calabresi, Rosemary Pooler and Steven Menashi upheld U.S. District Judge Lorna G. Schofield of the Southern District of New York's finding that Global Reinsurance Corporation of America must pay its share of Century Indemnity Company's defense costs in excess of the reinsurance certificates' liability limits.
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