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October 27, 2022 | Delaware Law Weekly

Superior Court Rules Verizon to Recover $120M From Insurers

"The securities claim definition at issue here is in a standard form that is used by policyholders across the country," said Keith McKenna, a partner at Cohen Ziffer Frenchman & McKenna.
4 minute read
October 27, 2022 | Delaware Business Court Insider

Verizon to Recover $120M From Insurers, Del. Superior Court Rules

"The securities claim definition at issue here is in a standard form that is used by policyholders across the country," said Keith McKenna, a partner at Cohen Ziffer Frenchman & McKenna.
4 minute read
October 17, 2022 | Delaware Business Court Insider

Chemours Brings Cover Suit Against Enviro Services Company, Carrier Over Personal Injury Suit

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
February 24, 2022 | Delaware Law Weekly

Jury Finds Health Care Company Used Fraud in Bid to Secure Settlement Insurance Coverage

The decision means that three insurance companies, represented by a team led by Quinn Emanuel attorneys, won't have to pay a former Xerox Corp. subsidiary a total of $37.5 million toward a settlement with the state of Texas.
2 minute read
February 26, 2021 | Delaware Business Court Insider

Superior Court: Insurance Definition Covers Verizon's $24M in Defense Costs

Superior Court Judge Eric M. Davis applied a broader definition of the insurance contract term "securities claim" that required coverage in a case over a challenge to a corporate spinoff and merger that was funded by debt instruments.
4 minute read
Law Journal Press | Digital Book Texas Personal Automobile Insurance Policy 2020 Authors: Janet K. Colaneri, Bret Weatherford View this Book

View more book results for the query "Potter Anderson Corroon"

November 04, 2019 | Delaware Business Court Insider

Delaware Supreme Court Limits Insurance Policies' Definition of 'Securities Claim'

The Supreme Court of Delaware has ruled that claims brought by a bankruptcy trustee against Verizon Communications Inc. were not securities claims for purposes of various insurance policies because the claims did not allege any violation of regulations, rules or statutes regulating securities.
6 minute read
November 04, 2019 | Delaware Law Weekly

Del. Justices: Bankruptcy Trustee's Case Against Verizon Not a Covered 'Securities Claim'

The Supreme Court of Delaware has ruled that claims brought by a bankruptcy trustee against Verizon Communications Inc. were not securities claims for purposes of various insurance policies because the claims did not allege any violation of regulations, rules or statutes regulating securities.
6 minute read
December 13, 2018 | Delaware Business Court Insider

NYC Investment Firm Entitled to Insurance Payment on $14.5M in Legal Costs, Del. Court Says

Judge William C. Carpenter said Wednesday that AR Capital, a New York-based investment and advisory firm, was covered under VEREIT's insurance policy for management services it had provided to VEREIT before the errors were discovered in late 2014.
3 minute read
July 31, 2018 | Delaware Business Court Insider

Del. Justices Uphold $40M in Coverage for TIAA's Defense in Class Actions

All five justices sided with TIAA and its McKool Smith attorneys, rejecting an appeal that settlement payments are uninsurable disgorgements under New York law.
1 minute read
May 09, 2018 | Delaware Law Weekly

Insurers Cannot Escape Verizon Judgment, Superior Court Rules

A Delaware judge has ruled that Verizon Communications Inc. is owed $48 million from insurers from having defended a shareholder suit seeking $14 billion over the telecommunication giant's spinoff of its print and electronic directories business in 2006.
4 minute read

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