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Implementation of Payee Notification Policies Urged
To prevent the "misdirection, misapplication and improper use of insurance settlement payments" by claimants' representatives, Texas Insurance Commissioner Mike Geeslin is asking insurers to implement "payee notification" policies. David Durden, TDI's associate commissioner for public affairs, says the intent of the bulletin is "to hopefully cut down on a problem" that the State Bar is aware of regarding the misapplication of claimants' settlement funds.AMR's $11 Billion US Airways Merger a Boon to Big Firms
Almost a dozen Am Law 100 firms have landed lead advisory roles on the proposed $11 billion merger of American Airlines parent AMR and US Airways Group—a Valentine's Day deal that would create the world's largest airline. While several firms have already reaped millions in attorneys fees for their work on the AMR bankruptcy, navigating the looming regulatory approval process is likely to fatten at least some of those firms' coffers even more.Proposed Texas Disciplinary Rule Changes Target Conflicts, Scienter, Sex
For the first time in almost 20 years, the Texas Supreme Court has proposed comprehensive changes in the state's disciplinary rules for lawyers, including major amendments to conflicts rules and a new rule prohibiting lawyers from having sex with clients. On Oct. 20, a unanimous Supreme Court began the process for public comment and ultimately -- if the State Bar of Texas board of directors agrees -- a referendum on the proposed amendments to the Texas Disciplinary Rules of Professional Conduct.The Report Card: Grading Roland Johnson's Term as State Bar President
It has been a busy year for Roland Johnson, who will end his term as State Bar of Texas president June 11. That's when he hands off the gavel to Terry Tottenham, a partner in Fulbright & Jaworski in Austin. Texas Lawyer reviewed Johnson's term to determine what he has accomplished.Déjà Vu All Over Again: State Bar to Reconsider Insurance Disclosure
Should Texas lawyers have to disclose whether they carry professional liability insurance? In September, the State Bar of Texas announced that it will gather input on a possible disclosure requirement. The Bar's Web site now indicates the State Bar board of directors will vote at its January 2010 meeting on a recommendation to the Texas Supreme Court on whether a disclosure rule should be adopted and, if so, the preferred method of disclosure.Texas Bar Considers Insurance Disclosure Rule for Lawyers
The State Bar of Texas last week concluded a series of seven public hearings focusing on whether lawyers should have to disclose if they have professional-liability insurance. A majority of the 67 speakers who testified at the hearings were of a like mind: They oppose such a rule. According to the American Bar Association, Oregon is the only state where professional-liability insurance is mandatory for lawyers, and there are 25 other states with rules requiring lawyers to disclose whether or not they have such coverage.Lawyers' Fund for Client Protection List of Ineligible Attorneys
Notice to the bar.The companies reached a deal Wednesday to end two-plus years of hostilities that kept lawyers busy at more than a half-dozen firms.
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