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International Edition

Debevoise, Yulchon Advise on $1.9B Prudential Korea Sale

Korean bank KB Financial is taking over the U.S. insurance giant's 30-year-old Korean arm.
3 minute read

The Legal Intelligencer

Federal Judge Blocks Insurer's Request to Appeal Ruling Nixing 'Household Exclusion'

Allstate Fire & Casualty Insurance will have to wait to appeal a federal judge's ruling interpreting the Pennsylvania Supreme Court's 2019 decision in 'Gallagher v. Geico' as invalidating the "household vehicle exclusion," commonly used in motor vehicle policies. U.S. District Judge Wendy Beetlestone of the Eastern District of Pennsylvania said the case must proceed to the class certification phase before an appeal can be taken.
6 minute read

New Jersey Law Journal

Six States Consider Extending Business Interruption Coverage to Coronavirus Claims

New Jersey, New York and four other states consider legislation clarifying that business interruption coverage applies to COVID-19 claims.
6 minute read

New York Law Journal

Global M&A Insurance: Considerations for Cross-Border Transactions

As Representations and Warranties Insurance has become more of an industry norm in the United States, parties have increasingly sought to utilize U.S.-style RWI policies for cross-border transactions. There are, however, a number of differences between U.S. and international RWI coverage that all parties involved in a deal need to be mindful of from the start to help ensure a smooth transaction, which Howard B. Epstein, Theodore A. Keyes and Stavan Desai discuss in this edition of their Corporate Insurance column.
10 minute read

Daily Business Review

Coronavirus—Is It Legally an 'Act of God'?

During these uncertain times, the first place many will look to is the force majeure clause buried at the end of their contracts with other boilerplate provisions.
5 minute read

The Recorder

Adding R&W Insurance to the Toolkit for Tech Sector M&A

Competition to acquire privately-held startups continues to increase as cash-rich strategic acquirors from all sectors (including old-line industrial companies) and financial sponsors enshrine engagement in these transactions as a core part of their strategic plans.
7 minute read

Daily Business Review

Practical Business and Insurance Considerations for Hotels, Restaurants During COVID-19 Crisis

The effects of this new normal can, at a minimum, last weeks but most likely several months. However, the challenges presented as a result of this situation could easily affect people's livelihoods for years!
5 minute read

New York Law Journal

COVID-19 and Business Interruption Insurance: Insureds Face Potential Roadblocks to Coverage

As these legal issues begin to wind themselves through the courts, businesses should take necessary steps to reserve their rights, but should not rely on the immediate payment of insurance proceeds during these difficult times.
9 minute read

Daily Business Review

Does Insurance Cover Business Losses Resulting From COVID-19?

Most businesses carry insurance for business interruption claims as part of the coverage they secured to protect their property. While courts have referred to these policies as "all-risk" policies, they are not without limitation.
5 minute read

The Recorder

Global Litigation After the Coronavirus Pandemic

Preparing now for this new influx of lawsuits may position both small and large companies to be on stronger footing after the dust from the coronavirus pandemic settles.
12 minute read

More from ALM

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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