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December 24, 2015 |

Split Panel Relieves Insurers of Coverage for Crane Collapse

Parsing the meaning of what covered "temporary works" within a $700 million builders risk policy, the First Department said a 750-foot custom-designed crane that collapsed in the squalls of Hurricane Sandy was "integral, not 'incidental'" to a 74-story luxury tower in midtown Manhattan.
5 minute read
December 24, 2015 | Law.com

Split Panel Relieves Insurers of Coverage for Crane Collapse

Parsing the meaning of what covered "temporary works" within a $700 million builders risk policy, the First Department said a 750-foot custom-designed crane that collapsed in the squalls of Hurricane Sandy was "integral, not 'incidental'" to a 74-story luxury tower in midtown Manhattan.
5 minute read
November 30, 2015 |

Government Attorneys on the Clock

A fee fight over the size of the sanctions award sought by the Commodity Futures Trading Commission against InTrade has CFTC lawyers calculating their hourly rates.
4 minute read
November 30, 2015 | Law.com

Government Attorneys on the Clock

A fee fight over the size of the sanctions award sought by the Commodity Futures Trading Commission against InTrade has CFTC lawyers calculating their hourly rates.
4 minute read
October 29, 2015 |

Calculating the Hourly Rate of a Federal Agency Lawyer? It's Complicated

After convincing a Washington judge to sanction a company for violating a court order, two federal agency lawyers turned to calculating the dollar value of their time. It was an uncommon task for salaried attorneys in the public sector. After all, what's the billable hour for a government lawyer?
5 minute read
October 28, 2015 | Law.com

Calculating the Hourly Rate of a Federal Agency Lawyer? It's Complicated

After convincing a Washington judge to sanction a company for violating a court order, two federal agency lawyers turned to calculating the dollar value of their time. It was an uncommon task for salaried attorneys in the public sector. After all, what's the billable hour for a government lawyer?
5 minute read
September 29, 2015 | Insurance Coverage Law Center

Lexington Ins. Co. v. 3039 B St. Associates, Inc.

Click Here for FC&S Legal Expert Analysis  Lexington Ins. Co.v.3039 B St. Associates, Inc.2015 WL 5561223Only the Westlaw citation is currently…
12 minute read
September 29, 2015 | Insurance Coverage Law Center

Third Circuit: Mortgagor Was Entitled to Hazard Insurance Proceeds Exceeding Deficiency Judgment for Damage that Occurred to Property Prior to Foreclosure

The U.S. Court of Appeals for the Third Circuit, applying Pennsylvania law and reversing a decision by the U.S. District Court for the Eastern District…
4 minute read
August 19, 2015 | Insurance Coverage Law Center

In re Sept. 11th Liab. Ins. Coverage Cases

Click Here for FC&S Legal Expert Analysis In re Sept. 11th Liab. Ins. Coverage Cases333 F.Supp.2d 111United States District Court,S.D. New York.In…
43 minute read
August 05, 2015 |

Effects of New Standards for Company Plan Fiduciaries

Barry Temkin and Kate DiGeronimo write: In a 2014 decision, the U.S. Supreme Court held that fiduciaries of plans that hold publicly traded company stock are subject to the same duty of prudence that applies to fiduciaries in general under ERISA. In doing so, the Supreme Court effectively rejected decades of law applied by nearly all the circuit courts of appeals affording fiduciaries of company stock plans a special "presumption of prudence" not available to the fiduciaries of other varieties of ERISA plans.
10 minute read

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