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December 12, 2012 | FC&S Insurance

Court Enters $10 Million Punitive Damages Award in Bad Faith Case against Insurer after Reducing Jury’s Award from $32 Million

A federal district court in Montana has entered a $10 million punitive damages judgment against an insurance carrier and other defendants, after reducing…
3 minute read
December 12, 2012 | FC&S Insurance

Thomas J. McInerney Becomes President and Chief Executive Officer of Genworth

Genworth Financial, Inc., has selected Thomas J. McInerney as the company's president and chief executive officer, effective January 1, 2013. He also will…
2 minute read
December 12, 2012 | FC&S Insurance

Circuit Affirms that Warehouse Damage Not Covered by ‘Accumulation Clause’

The U.S. Court of Appeals for the Second Circuit has ruled that a claim arising from flooding at a warehouse was not covered by a policy’s “accumulation…
3 minute read
December 12, 2012 | FC&S Insurance

‘Loss’ under Fidelity Bond Does Not Include Phantom Gains from Madoff’s Ponzi Scheme

Finding that the term “loss” in a fidelity bond was not ambiguous, an intermediate appellate court in New York has ruled that the insured was…
5 minute read
December 12, 2012 | Inside Counsel

Commercial human spaceflight and the arms control problem

Despite the fact that many commercial human spaceflight companies have thus far been financially fueled by adventurer-billionaires, everyone in this emerging industry agrees that the goal is economic sustainability.
3 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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December 12, 2012 | The Legal Intelligencer

It's Official: Phila. Off Tort Reform's 'Judicial Hellholes' List

After two years, the American Tort Reform Association, a conservative group that aims to change tort law, took Philadelphia off its "judicial hellholes list" and placed it on its "watch list."
1 minute read
December 11, 2012 | Inside Counsel

Lucasfilm wins appeal of $1.2 million pregnancy discrimination verdict

The force was with Lucasfilm Ltd. Monday, when a California appeals court overturned a $1.2 million pregnancy discrimination verdict against the company.
4 minute read
December 11, 2012 | Inside Counsel

Majority of patent lawsuits brought by trolls

Advocates of patent reform now have another weapon in their holstera recent study by California law professor Colleen Chien that found the majority of patent suits are now brought by trolls.
3 minute read
December 11, 2012 | Inside Counsel

America Invents Act provides patent marking relief

Patent owners that practice their invention are at a disadvantage compared to nonproducing patentees.
3 minute read
December 11, 2012 | Inside Counsel

Southwest Airlines GC announces retirement

The airlines Vice President and General Counsel Madeleine Johnson announced yesterday she will be retiring from the company for which shes worked for the past five years.
10 minute read

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