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Cite as: In Re: Johns-Manville Corp., 12-1094-bk(L), NYLJ 1202664272067, at *1 (2d Cir., Decided July 22, 2014) 12-1094-bk(L)
Travelers' $500M Payment to Johns-Manville Reinstated
Travelers Indemnity Co. must pay more than $500 million under an insurance policy covering asbestos claims, a unanimous federal appeals panel has ruled, reinstating a bankruptcy court order that had been overturned by a district court.Second Circuit Socks Travelers With $500 Million Asbestos Tab
The ruling extends a recent hot streak for Bancroft's Paul Clement, who's scored a series of rapid-fire reversals in cases involving Hobby Lobby, Aereo and the Chinese heavy equipment giant Sany Group.Stearns Weaver Trio Helps Close $75M In Refinancing
Stuart D. Ames, Jenna Seigel and William J. Gross helped arrange $75 million in refinancing for Merchant Cash and Capital LLC from a consortium.Cite as: Vincent v. The Money Store, 11-4525-cv, NYLJ 1202627734235, at *1 (2d Cir., Decided November 13, 2013) 11-4525-cv Before: Katzmann, CJ, L
Creditor Can Be Liable for 'False' Use of Firm, Circuit Says
A creditor can be exposed to liability under the Fair Debt Collection Practices Act where it indicates that a law firm has been retained to collect its debts, but the law firm makes no genuine effort to collect those debts.Trending Stories
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