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Novolex Holdings: A Rare Look at an RWI Claim Dispute
While RWI policies are manuscripted policies separately negotiated for each transaction, the vast majority contain arbitration clauses, meaning that claim disputes are resolved privately without published court rulings. The recent ruling in 'Novolex Holdings v. Illinois Union Insurance' sheds some light on one of these claim disputes, while also providing important lessons for insurers and M&A practitioners.
Elite New York Law Firms Outperformed Market, as Firms Invested in Both Equity, Nonequity Tiers
Several New York law firms last year even bested their 2021 performance during the heyday of the deal market.
Schulte Rides Private Capital Matters to 7% Revenue Growth as PEP Dips Amid Firm Investments
As the firm's equity-only partnership expanded 13% to 78 partners last year, the firm's profits per partner dipped 7.7% to $3.34 million,
Landmines In Bankruptcy Appellate Practice, Part III
When courts have made important exceptions in the past year, they have either added a gloss on the Judicial Code, corrected lawyers' errors, filled in statutory gaps, or clarified the relevant statutory language.
Weil Private Credit Partner Jumps to Dechert Amid Growing Signs of Transactional Thaw
Eliot Relles arrived at Weil, Gotshal & Manges four years ago after serving as co-chair of Schulte Roth & Zabel's finance practice.
Law Journal Press | Digital Book
Texas Personal Automobile Insurance Policy 2020
Authors: Janet K. Colaneri, Bret Weatherford
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Paul Hastings Investment Management Partner Rejoins Akin in New York
Ira Kustin, who returned to Akin Gump Strauss Hauer & Feld on Thursday as an investment management partner in New York, is the fourth Big Law partner in that practice to make the move to Akin in recent months.Insured Capacity and Outside Capacity: Status Matters
D&O liability insurance policies provide coverage for claims arising out of wrongful acts committed by directors or officers of the insured entity—that is their insured capacity. By contrast, in policies where insured capacity is addressed by exclusion, the outside capacity exclusion will bar coverage for loss arising from claims relating to an insured person's conduct in any capacity other than as a director or officer of the insured entity.
A Slightly Delayed Edition of Litigator of the Week Runners-Up and Shout Outs
A patent defense win in East Texas, a big win on royalties for UMG, a boardroom battle in Delaware, class certification in a massive data breach MDL and an antitrust battle over the price of eggs highlight this week's runners-up.
Google Hit With IP Suit Related to Foldable Smartphone Tech
This suit was surfaced by Law.com Radar. Read the complaint here.
The American Lawyer Names Attorney of the Year, Law Firm of the Year and More
The American Lawyer Industry Awards honored the industry's best and brightest across several categories that recognize both historical excellence and the evolution of the business of law.TRENDING STORIES
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Law Firm Operational Considerations for the Corporate Transparency Act
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