Sixth Circuit: No Coverage for Retaliation Claims Tied to Undisclosed Investigation April 25, 2023 A federal appellate court on Friday reversed a $2.3 million award to a nursing home owner that sued its insurer,...
Binance U.S. Exchange Sued by Crypto Investor Over Stablecoin Collapse June 14, 2022 By Luc Cohen Binance U.S. and its CEO were sued on Monday by a U.S. investor who alleges the cryptocurrency exchange falsely marketed...
ESG Fund Bosses Hit by ‘Reckoning’ as Goldman, DWS in Crosshairs June 13, 2022 By Frances Schwartzkopff One of the top legal firms advising asset managers on ESG says the industry needs to brace for a more...
Judge Rules California’s Women in Boards Law Is Unconstitutional May 18, 2022 By Brian Melley A Los Angeles judge has ruled that California’s landmark law requiring women on corporate boards is unconstitutional. Superior Court Judge...
D&O Market Has Most Profitable Year Since 2014 but Results May Be an Anomaly May 11, 2022 By Chad Hemenway The directors and officers insurance marketplace in 2021 enjoyed its most profitable year since 2014 but results have to be...
Global Banks Flee the Monster SPAC Market They Helped Create May 10, 2022 By Katherine Doherty Just a few years after banks helped create a gargantuan market for blank-check companies, they’re pulling away from the deals,...
Markets/Coverages: Bundler Branch Adds 6 States; Pathpoint, Bold Penguin E&S Partnership; Rokstone Owners’ Interest Policy April 4, 2022 Auto, Home Insurance Bundler Branch Now Available in 25 States Branch, an insurance company that touts “instantly-bundled” home and auto...
U.S. SEC Proposes Boosting Blank-Check Company Disclosures, Liability March 30, 2022 By Katanga Johnson and Chris Prentice Proposal requires SPACs disclose conflicts during, after listing Disclosures must be issued at least 20 days before deal vote Rule...
Group Vows to Hold Shell Directors Personally Liable for Alleged Climate Plan Failure March 16, 2022 By Shadia Nasralla, Kirstin Ridley and Simon Jessop LONDON — Environmental lawyers ClientEarth said on Tuesday they were preparing legal action against the directors of Shell over the...
Progress Slows on Path to Gender Parity in the Board Room March 10, 2022 By Stan Choe Almost extinct are the days when only men sat on U.S. corporate boards. But the speed at which boards have...