Investors Eye Windfall From Denied COVID-19 Insurance Claims February 12, 2021 By Jef Feeley and Lucca de Paoli A growing market niche where investors profit from others’ legal troubles is getting a boost from Covid. Distressed-investing funds and...
First Coronavirus Business Interruption Trial Gets Underway December 17, 2020 By Jef Feeley and Katherine Chiglinsky The owners of a restaurant in the heart of the New Orleans French Quarter are asking a Louisiana judge to...
Insurers Winning Most, But Not All, COVID-19 Business Interruption Lawsuits November 30, 2020 By Jef Feeley and Katherine Chiglinsky In the multibillion-dollar fight over insurance coverage for pandemic-related business losses, a Florida gynecologist succeeded where more than a dozen...
Cigna’s CEO and Board Sued for ‘Black-Ops-Style’ Tactics to Kill Merger with Anthem November 24, 2020 By Michael Leonard and Jef Feeley Cigna Corp.’s chief executive officer and board used “black-ops-style” tactics in a covert campaign to “blow up” a $48 billion...
In Anthem-Cigna Failed Merger ‘Soap Opera,’ Judge Hands Damages to Neither August 31, 2020 By Christopher Yasiejko and Jef Feeley A Delaware judge rebuffed efforts by both Cigna Corp. and Anthem Inc. to collect billions over their failed merger, saying...
McDonald’s Alleges Ex-CEO Duped Directors, Seeks to Claw Back $37 Million Severance August 31, 2020 By Jef Feeley McDonald’s Corp. told a judge that ex-CEO Steve Easterbrook lied about four alleged sexual relationships with subordinates to dupe directors...
Anbang, Andy Bang, $1 Trillion in Claims. Ritz-Carlton Mystery Gets Its Day in Court. August 24, 2020 By Jef Feeley and Mark Chediak When a 26-year-old Uber driver walked into a California deeds office two years ago, it was the real-estate equivalent of...
Court Revives Johnson & Johnson’s Baby Powder Lawsuits August 7, 2020 By Jef Feeley A New Jersey appeals court’s decision to revive two lawsuits accusing Johnson & Johnson’s iconic Baby Powder of causing cancer...
Chemical Firm BASF and Its Law Firm to Pay $72.5M to Close Talcum-Asbestos Claims July 24, 2020 By Jef Feeley BASF SE, the world’s biggest chemical maker, and a law firm agreed to pay a combined $72.5 million to resolve...
Asbestos Trial to Start With Social Distancing in Conference Center, Not Courthouse July 23, 2020 By Jef Feeley A West Virginia judge urged parties in dozens of asbestos lawsuits to reach a settlement and avoid the “dreadful experience”...