William G Passannante

December 11, 2015 | New York Law Journal

William G. Passannante, Cort T. Malone and Bruce Strong of Anderson Kill write: The 2003 decision in 'Henkel Corp.' severely impeded companies involved in corporate acquisitions and divestitures by enforcing consent-to-assign clauses even though policy periods had expired and the right to insurance already had accrued. In 2015, California reversed course in 'Fluor' and restored the ability of corporations to freely assign the rights available under insurance policies after a loss.

By William G. Passannante, Cort T. Malone and Bruce Strong

11 minute read

February 16, 2004 | National Law Journal

A California insurance case could be a serious obstacle to mergers and acquisitions.

By William G. Passannante

9 minute read

September 10, 2012 | New York Law Journal

William G. Passannante, a shareholder of Anderson Kill & Olick, discusses the practical ramifications of a defense provided by insurance company-appointed counsel, as opposed to "independent counsel" selected by the policyholder but paid for by the insurance company pursuant to an obligation to defend or to pay defense costs.

By William G. Passannante

13 minute read

March 17, 2004 | Law.com

Are you an attorney or corporate risk manager for a company with any connection to California? Might your company buy or sell an entity with a connection to California? If so, you should beware of the California Supreme Court's 2003 decision in Henkel Corp. v. Hartford Accident Indemnity Co.

By William G. Passannante

8 minute read

January 02, 2008 | Law.com

What happens when an attorney acts on behalf of two clients with potentially diverging interests -- a policyholder in the midst of defending important litigation and the liability insurance company paying the defense bills? Attorneys William G. Passannante and Diana Shafter Gliedman examine the conflicts that surround the so-called "tripartite relationship," as well as techniques to preserve defense counsel's unconflicted duty to its client, the policyholder.

By William G. Passannante and Diana Shafter Gliedman

13 minute read