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January 05, 2016 | Insurance Coverage Law Center

Divided N.Y. Appeals Court Rules that Tower Crane Damaged by Superstorm Sandy Was “Integral” to Project and Did Not Fall within Definition of Temporary Works

A divided appellate court in New York has ruled, 3-2, that a 750-foot tall tower crane that was damaged by Superstorm Sandy was integral to, not “incidental…
9 minute read
January 05, 2016 | Insurance Coverage Law Center

Lend Lease (US) Const. LMB Inc. v. Zurich Am. Ins. Co.

Click Here for FC&S Legal Expert Analysis Lend Lease (US) Const. LMB Inc.v.Zurich Am. Ins. Co.2015 WL 9280971Supreme Court, Appellate Division,…
36 minute read
December 24, 2015 |

Split Panel Relieves Insurers of Coverage for Crane Collapse

Parsing the meaning of what covered "temporary works" within a $700 million builders risk policy, the First Department said a 750-foot custom-designed crane that collapsed in the squalls of Hurricane Sandy was "integral, not 'incidental'" to a 74-story luxury tower in midtown Manhattan.
5 minute read
December 24, 2015 | Law.com

Split Panel Relieves Insurers of Coverage for Crane Collapse

Parsing the meaning of what covered "temporary works" within a $700 million builders risk policy, the First Department said a 750-foot custom-designed crane that collapsed in the squalls of Hurricane Sandy was "integral, not 'incidental'" to a 74-story luxury tower in midtown Manhattan.
5 minute read
November 30, 2015 |

Government Attorneys on the Clock

A fee fight over the size of the sanctions award sought by the Commodity Futures Trading Commission against InTrade has CFTC lawyers calculating their hourly rates.
4 minute read
November 30, 2015 | Law.com

Government Attorneys on the Clock

A fee fight over the size of the sanctions award sought by the Commodity Futures Trading Commission against InTrade has CFTC lawyers calculating their hourly rates.
4 minute read
October 29, 2015 |

Calculating the Hourly Rate of a Federal Agency Lawyer? It's Complicated

After convincing a Washington judge to sanction a company for violating a court order, two federal agency lawyers turned to calculating the dollar value of their time. It was an uncommon task for salaried attorneys in the public sector. After all, what's the billable hour for a government lawyer?
5 minute read
October 28, 2015 | Law.com

Calculating the Hourly Rate of a Federal Agency Lawyer? It's Complicated

After convincing a Washington judge to sanction a company for violating a court order, two federal agency lawyers turned to calculating the dollar value of their time. It was an uncommon task for salaried attorneys in the public sector. After all, what's the billable hour for a government lawyer?
5 minute read
August 05, 2015 |

Effects of New Standards for Company Plan Fiduciaries

Barry Temkin and Kate DiGeronimo write: In a 2014 decision, the U.S. Supreme Court held that fiduciaries of plans that hold publicly traded company stock are subject to the same duty of prudence that applies to fiduciaries in general under ERISA. In doing so, the Supreme Court effectively rejected decades of law applied by nearly all the circuit courts of appeals affording fiduciaries of company stock plans a special "presumption of prudence" not available to the fiduciaries of other varieties of ERISA plans.
10 minute read
July 14, 2015 | Insurance Coverage Law Center

El-Ad 250 W., LLC v. Zurich Am. Insurance Co.

Click Here for FC&S Legal Expert Analysis   El-Ad 250 W., LLCv.Zurich Am. Ins. Co.2015 WL 4078762Supreme Court, Appellate Division,…
2 minute read

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