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Insured Capacity and Outside Capacity: Status Matters
D&O liability insurance policies provide coverage for claims arising out of wrongful acts committed by directors or officers of the insured entity—that is their insured capacity. By contrast, in policies where insured capacity is addressed by exclusion, the outside capacity exclusion will bar coverage for loss arising from claims relating to an insured person's conduct in any capacity other than as a director or officer of the insured entity.A Slightly Delayed Edition of Litigator of the Week Runners-Up and Shout Outs
A patent defense win in East Texas, a big win on royalties for UMG, a boardroom battle in Delaware, class certification in a massive data breach MDL and an antitrust battle over the price of eggs highlight this week's runners-up.Google Hit With IP Suit Related to Foldable Smartphone Tech
This suit was surfaced by Law.com Radar. Read the complaint here.The American Lawyer Names Attorney of the Year, Law Firm of the Year and More
The American Lawyer Industry Awards honored the industry's best and brightest across several categories that recognize both historical excellence and the evolution of the business of law.Judgment Preservation Insurance Emerges as a Valuable Risk Management Option
Every now and then, an insurance product emerges that addresses risks in a manner that facilitates transactions such that the product becomes a regular part of the dealmaker's toolkit. While judgment preservation insurance may not have the impact that RWI has had, its increasing popularity suggests that insureds are discovering that JPI is a very useful tool to mitigate risk.View more book results for the query "Schulte Roth & Zabel LLP"
Big Law Firms Call on Top Law Schools to Condemn Anti-Israel Protests, Harassment
A group of more than 200 leading law firms implored law schools to reign in "anti-Semitic activities" on campus as Israel's response to the Oct. 7 attacks draws protest worldwide.DIP Financing and Liens On Avoidance Actions
The Eighth Circuit's decision in Simply Essentials has practical significance for Chapter 11 debtor in possession (DIP) lenders. U.S. Trustees and unsecured creditors regularly object to the granting of liens on avoidance actions, but this and other appellate rulings should now eliminate the purported legal obstacle.Milbank, Continuing to Poach From Dechert, Adds Another Private Equity Partner
Paul Bennett IV has represented clients such as The Blackstone Group, Rockwood Holdings Inc. and Pantheon N.V.Trending Stories
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