January 13, 2015 | New York Law Journal
Two Interesting Appellate Decisions Involving AttorneysIn her Professional Liability Insurance column, Sue C. Jacobs reviews recent holdings that the failure to appeal a lower court decision in a legal malpractice action does not bar the suit unless the client was likely to have succeeded on the appeal and that a law firm in a personal injury matter was entitled to an additional percentage of the judgment after a successful appeal.
By Sue C. Jacobs
9 minute read
January 12, 2015 | New York Law Journal
Two Interesting Appellate Decisions Involving AttorneysIn her Professional Liability Insurance column, Sue C. Jacobs reviews recent holdings that the failure to appeal a lower court decision in a legal malpractice action does not bar the suit unless the client was likely to have succeeded on the appeal and that a law firm in a personal injury matter was entitled to an additional percentage of the judgment after a successful appeal.
By Sue C. Jacobs
9 minute read
October 31, 2014 | New York Law Journal
Indemnity Agreements in the Commercial WorldIn her Professional Liability Insurance column, Sue C. Jacobs discusses indemnity agreements, emphasizing that courts will strictly construe the obligation. If the document does not specifically require indemnity for defense costs the courts will not find one. If the parties intend to indemnify the indemnitee for its own negligence, the parties should use explicit language mandating that obligation.
By Sue C. Jacobs
9 minute read
July 14, 2014 | Commercial Litigation Insider
A Poorly Drafted Agreement Without a Termination LetterIn her Professional Liability Insurance column for the New York Law Journal, Sue C. Jacobs discusses a legal malpractice action alleging that Cadwalader failed to properly draft an agreement and side letter and as a result, its client had to pay its investment advisor $10 million instead of $2 million in a dispute over fees earned in an acquisition.
By Sue C. Jacobs
9 minute read
July 11, 2014 | New York Law Journal
A Poorly Drafted Agreement Without a Termination LetterIn her Professional Liability Insurance column, Sue C. Jacobs discusses a legal malpractice action alleging that Cadwalader failed to properly draft an agreement and side letter and as a result, its client had to pay its investment advisor $10 million instead of $2 million in a dispute over fees earned in an acquisition.
By Sue C. Jacobs
9 minute read
April 11, 2014 | New York Law Journal
Recent Important Decisions Involving InsuranceIn her Professional Liability Insurance column, Sue C. Jacobs, a member of Goodman & Jacobs, reviews decisions in which the Court of Appeals addressed the timing of the insurer's disclaimer based on the insured's failure to cooperate, held that in order for a tenant to recover damages from mold in an apartment, the tenant must establish both the specific and general causes of the mold, and more.
By Sue C. Jacobs
9 minute read
January 17, 2014 | Commercial Litigation Insider
Under What Circumstances Can Insurer Recover Defense Costs?In her Professional Liability Insurance column, Sue C. Jacobs of Goodman & Jacobs writes: Although the duty to defend is exceedingly broad it is not absolute and not without the possibility that the insurer will be able to be reimbursed for some amount of defense fees expended.
By Sue C. Jacobs
8 minute read
January 15, 2014 | New York Law Journal
Under What Circumstances Can Insurer Recover Defense Costs?In her Professional Liability Insurance column, Sue C. Jacobs of Goodman & Jacobs writes: Although the duty to defend is exceedingly broad it is not absolute and not without the possibility that the insurer will be able to be reimbursed for some amount of defense fees expended.
By Sue C. Jacobs
8 minute read
May 08, 2012 | Daily Business Review
Every attorney should have a professional liability policySue C. Jacobs of Goodman & Jacobs says attorneys must consider the limits of liability and the amount of the deductible their firms will pay in the event they are asked to respond to allegations of potential malpractice.
By Sue C. Jacobs
5 minute read
October 17, 2011 | New York Law Journal
Purchasing Extended Tail Coverage for PoliciesIn her Professional Liability Insurance column, Sue C. Jacobs, a member of Goodman & Jacobs, writes that a common phenomenon in today's world is that partners leave law firms and firms dissolve, which requires putting insurance carriers on notice as soon as possible of all potential claims.
By Sue C. Jacobs
7 minute read
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