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November 27, 2001 | Law.com

WellPoint Ready for Review of CareFirst Buy

Regulators in Maryland, Delaware and Washington, D.C., are bracing for a difficult review of WellPoint Health Networks' $1.3 billion acquisition of rival CareFirst BlueCross BlueShield. Insurance commissioners in each state must approve the Blues plans conversion to for-profit status before the deal can close, but local interests particular to each state, and political sensitivities in all three jurisdictions complicate the process.
5 minute read
April 09, 2003 | New York Law Journal

New York Court of Appeals Roundup

10 minute read
October 09, 2002 | Law.com

Going It Alone

Enron's former investment banks and auditor are facing a potential nightmare in Alabama state court. A case brought by Alabama's retirement fund claims $75 million in losses as a result of Enron's meltdown. The plaintiff's firm likes its chances of victory. Notably, two of its partners have played key roles in drafting and shaping Alabama securities law over the last 30 years. Not especially good news for the defendants.
4 minute read
October 24, 2003 | The Legal Intelligencer

Morgan Lewis Does Well on Corporate Counsel Lists

In a world where corporate scandals and the economic downturn have created general counsel turnover at an alarming rate -- 10 percent of general counsel at Fortune 250 companies left their posts last year -- law firm representations of major corporations have also been in flux.
4 minute read
September 07, 2007 | Law.com

Google In-House Lawyers Find Unusual Perks, Groundbreaking Work

Finding the right sort of lawyer to fit Google's playful ethos and steely business sense is -- judging by the army of recruiters assigned to the job -- a challenge. But it's not difficult to see why lawyers are lining up to work at the world's biggest Internet company. Aside from the perks, Google lawyers face legal issues that are the first of their kind. The groundbreaking nature of the work is the reason why Google still doesn't have a panel of outside counsel, says European GC Nigel Jones.
8 minute read
October 16, 2001 | Law.com

New York High Court Rejects Reinsurance Recovery Theory

At a time when insurance liability for catastrophic damages is very much in the forefront due to the Sept. 11 attacks, New York's highest court Tuesday rejected a reinsurance recovery theory that would have entitled an insurer to lump together as a single loss the $212 million it paid to cover environmental contaminations at nearly 200 distinct sites. The ruling is a significant addition to a scarce body of law on reinsurance treaties.
4 minute read
December 21, 2001 | Law.com

New York High Court Finds Attorney Fee Dispute Over Patent Already Litigated

New York's highest court has ruled that two New Jersey patent attorneys who claim they are owed a share of the income from a medical device are barred from litigating the issue because it was resolved against a third party -- their former law partner -- at a prior trial. A spirited dissent accused the majority of ignoring fundamental collateral estoppel precepts.
4 minute read
June 28, 2005 | Law.com

Silverstein Loses Round in Payout Battle with World Trade Center Insurers

World Trade Center developer Larry Silverstein suffered a setback in ongoing litigation with his insurers when a New York federal judge ruled that some of the insurance companies will pay actual cash value only if Silverstein decides not to rebuild the site, something he has publicly vowed to do. The latest round of the lawsuit between Silverstein and two of the site's 24 insurers centered on whether the insurers would pay actual cash value or the replacement cost of rebuilding the site.
4 minute read
April 15, 2004 | Law.com

WTC Insurance Trial in Its Final Phase

World Trade Center leaseholder Larry Silverstein's bid to recoup almost $7 billion in insurance money reached a critical phase Wednesday as his lead attorney said insurers were trying to avoid meeting their full obligations under policies being negotiated when the towers were destroyed. "The tragic events of 9/11 happened before there was a final policy in place," Herbert Wachtell said in his closing argument. "These insurance companies are trying to exploit that."
5 minute read
September 13, 2010 | New York Law Journal

Kasowitz Holds Power Close As He Grows Firm, Lures Business

15 minute read

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