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Federal Insurance Company v. Kozlowski
Insurer May Seek Exclusions as to Costs Of Defending Tyco ExecutivesLast week a New York state court judge threw out claims by people who used Bausch & Lomb's ReNu Moisture Lock contact lens solution, ruling that plaintiffs had failed to show that their particular eye infections were caused by the product.
The Bankruptcy Files: I-Banks, Consulting Firms, Bowling, and Poultry
Federal business bankruptcy filings have fallen to their lowest levels since 2008, and one large debtor in Eastman Kodak and its lawyers from Sullivan & Cromwell are poised to exit Chapter 11 proceedings. Several recent notable filings have nonetheless landed roles for such Am Law 100 firms as Kirkland & Ellis, McGuireWoods, Reed Smith, and Ropes & Gray, while other restructuring pros see the looming fiscal cliff as potentially generating an avalanche of new bankruptcy cases.Asbestos plaintiffs who settled with Pfizer would have received payments contingent on the approval of a reorganization plan, which gave them an incentive to vote for the plan. That didn't sit well with Manhattan bankruptcy judge Stuart Bernstein.
Thirty-seven states are part of the settlement, which comes almost a year after the DOJ reached a similar, $520 million deal.
Levine v. United Healthcare Corp.,
The issue of whether New Jersey's antisubrogation rule contained in N.J.S.A. 2A:15-97, as interpreted by the New Jersey Supreme Court in Perreira v. Rediger, applies to defendant health insurers, as well as the issues of whether Perreira applies retroactively to plaintiffs' pre-Perreira health-insurance plans and whether plaintiffs' unjust-enrichment claims for monies taken pursuant to subrogation and reimbursement provisions in their ERISA health plans are claims for "benefits due" within the meaning ofWith summary judgment granted to AstraZeneca in another Seroquel case last week--the third Seroquel suit to be tossed on Daubert grounds--the Delaware state court judge overseeing a docket of 700 of the pharmaceutical product liability cases says it's time for plaintiffs' lawyers to consider the viability of the litigation.
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