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July 03, 2008 | Daily Report Online

Anheuser-Busch fights shareholder lawsuits

3 minute read
August 27, 2007 | Law.com

Fire Jumper

The Hartford Financial Services Group Inc. looked like a chessboard in June, as key players were moved from position to position. Seven executives had assumed new responsibilities by the end of play. One of them, Alan Kreczko, was bumped to general counsel after spending four years as the insurance company's senior vice president and deputy GC. Before he joined The Hartford, Kreczko's work with catastrophes prepared him well for the insurance business.
2 minute read
November 15, 2004 | Law.com

Spitzer Extends Insurance Probe to Employee Benefit Policies, Suing Broker

New York Attorney General Eliot Spitzer expanded his bid-rigging probe of the insurance industry Friday, suing a California-based broker for practices that Spitzer said raised premium costs for employees at leading U.S. companies. The civil suit contends that Universal Life Resources received millions of dollars in payments for steering customers to insurers including MetLife, Prudential and Unum Provident Corp. that provided life, accident and disability coverage for workers.
2 minute read
March 28, 2013 | Daily Business Review

GameStop profit tops estimates on mobile, digital game demand

GameStop reported fourth-quarter profit that beat analysts' estimates, led by digital and mobile products. The second half of the year is expected to be "strong" with the release of "Grand Theft Auto V" and a new console, Grapevine.
2 minute read
January 12, 2006 | New York Law Journal

Moral Hazards and Insurance

Jeffrey Winn, a partner at Sedgwick, Detert, Moran & Arnold, and Tara Sapru, an associate with the firm, write that a recurring moral hazard involves an unscrupulous or negligent applicant who misrepresents facts inducing the insurer to underwrite a risk that it would otherwise reject. To deter this peril, New York law authorizes insurers to rescind policies obtained through material misrepresentations of fact.
12 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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October 16, 2000 | The Legal Intelligencer

News in Brief

Criminal Defense Lawyers Decry Megan's Law Offenders' Reimprisonment for Not RegisteringCourt Rejects Hospitals' Suit Against Tobacco Cos.School Requires Breathalyzer Tests Before Dances
10 minute read
November 03, 2008 | Texas Lawyer

Toil and Trouble: Kimberly Frye Spent Years on Key Energy's Restatement and Relisting

When Kimberly Frye decided to go in-house with a client, Key Energy Services Inc., in 2002, she thought one of her biggest challenges would be the adjustment of living in Midland after years of calling Houston home. As it turns out, the most difficult challenge was the job itself, as Frye ended up spending about two-and-a-half years on a financial restatement and getting the company's stock relisted on the New York Stock Exchange, all because the company delayed reporting its 2003 year-end financials.
11 minute read
October 20, 2010 | Daily Business Review

N.Y. Fed backing boosts Pimco push For Bank of America to buyback bad home loans

The Federal Reserve Bank of New York joined with the biggest bond investors in the U.S. in seeking to force Bank of America Corp. to buy back bad home loans packaged into securities as the battle over who will bear mortgage losses intensifies.
8 minute read
June 27, 2007 | Daily Report Online

SEC examines Bear Stearns hedge fund problems after mortgage investments go sour

WASHINGTON AP - The Securities and Exchange Commission is examining the near-collapse of two Bear Stearns hedge funds that made bad bets on the mortgage market, a person familiar with the matter said Wednesday.The SEC inquiry is "informal" at this point and has not resulted in any subpoenas or formal document requests, according to this person, who spoke about the matter on condition of anonymity.
1 minute read
September 02, 2009 | Delaware Law Weekly

Bayard Sponsors Captive Insurance Seminar

Bayard, a firm based in Wilmington, sponsored the Delaware Captive Insurance Association's "Captives 101 Seminar" in Lewes on Aug. 28. GianClaudio Finizio, an associate with the firm, participated as a panel moderator.
2 minute read

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