New York Court Upholds Denial of Coverage Where Policyholders Breached D&O Policy's Consent-to-Settle Provision [Insurance Coverage Alert!]

Publication - Insurance Coverage, Professional Liability - Insurance

New York Court Upholds Denial of Coverage Where Policyholders Breached D&O Policy's Consent-to-Settle Provision - Insurance Coverage Alert! - In Federal Ins. Co. v. Safe Net, Inc., 2011 WL 4005353 (S.D.N.Y. Sept. 9, 2011), a New York federal judge granted partial summary judgment in favor of Federal Insurance Company (Federal), holding that SafeNet, Inc. (SafeNet) and its vice president and chief financial officer failed to comply with the consent-to-settle provision in their D&O policy and were thus precluded from recovering under the policy with respect to their settlement of a securities fraud class action.

Cozen O’Connor Expands Executive Management Team

Press Release

Cozen O’Connor Expands Executive Management Team

Law Firm Disqualified After Its Client’s Party-Appointed Arbitrator Provided It With Panel Deliberations [Insurance Coverage Alert!]

Publication - Insurance Coverage - Insurance

Law Firm Disqualified After Its Client’s Party-Appointed Arbitrator Provided It With Panel Deliberations - Insurance Coverage Alert! - On October 3, 2011, the U.S. District Court for Southern District of New York disqualified a law firm from acting as counsel in a reinsurance arbitration. Northwestern National Ins. Co. v. Insco, Ltd., No. 11 Civ. 1124 (S.D.N.Y. Oct. 3, 2011).

Ken Fisher quoted in the Capital

News

Ken Fisher quoted in the Capital

News Concerning Recent Developments in Energy and Environmental Law [Energy, Environmental and Utilities Alert!]

Publication - Environmental Regulatory & Due Diligence

News Concerning Recent Developments in Energy and Environmental Law - Energy, Environmental and Utilities Alert! - We are pleased to present the latest edition of the Energy, Environmental and Utilities Alert. We hope you find this information beneficial and informative

Postponement of Mandatory Poster for Union and Non-Union Employers Regarding Employee Rights Under NLRA [Labor and Employment Alert!]

Publication - Labor & Employment

Postponement of Mandatory Poster for Union and Non-Union Employers Regarding Employee Rights Under NLRA - Labor and Employment Alert! - In an August 30, 2011 ALERT, we advised you that the NLRB had promulgated a Final Rule requiring all employers subject to the National Labor Relations Act (NLRA) to conspicuously post an 11-inch-by-17-inch notice advising employees of their rights under the NLRA, including the right to organize a union, and providing contact information for the NLRB in the event that any of these rights are violated.

'Trial by the Clock': Has the Time Come? [The Legal Intelligencer]

Publication

'Trial by the Clock': Has the Time Come? - The Legal Intelligencer - A few weeks ago, we had a trial in federal court. The case involved alleged misrepresentations in connection with the sale of auction rate securities and was relatively complex. There had been 25 depositions, and over 500,000 documents were exchanged. Liability was vigorously contested, and damages were complicated because the principal damage was lost liquidity -- not a readily calculated drop in the security's price.

Texas Supreme Court Issues Important Opinion Concerning Plaintiff's Burden of Proof in Products Liability Matters [Insurance Coverage Alert!]

Publication - Insurance Coverage - Insurance

Texas Supreme Court Issues Important Opinion Concerning Plaintiff's Burden of Proof in Products Liability Matters - Insurance Coverage Alert! - The Texas Supreme Court recently issued an important opinion concerning products liability. Merck & Co. v. Garza, 2011 Tex. LEXIS 638 (Tex. 2011) stemmed from litigation involving the diet drug Vioxx. The court held that plaintiffs seeking to prove general causation with epidemiological evidence must provide at least two independent case studies demonstrating that subjects who used the product under circumstances substantially similar to those encountered by the plaintiff doubled their

General Jurisdiction Over Foreign Manufacturers of Defective Products [Cozen O'Connor White Paper]

Publication - Subrogation & Recovery - Insurance

General Jurisdiction Over Foreign Manufacturers of Defective Products - Cozen O'Connor White Paper - In our increasingly globalized economy, there is a growing need to establish jurisdiction in U.S. courts over foreign manufacturers of defective products. Recent legal developments will, in some cases, make that task more
daunting.

Ken Fisher quoted in the Capital New York

News

Ken Fisher quoted in the Capital New York

Q&A: Accessing Common Elements [The Cooperator]

News - Real Estate

Leni Morrison Cummins, a member in the firm's Real Estate Group, answers a Q&A from a reader about common spaces in a residence overlapping with private spaces, and who would be at fault if something happens.

Fall 2011 [Business Law Observer]

Publication - Business, Corporate

Fall 2011 - Business Law Observer - We welcome your inquiries on these topics and any other questions you may have, and trust that we can provide you with the counsel you need to steer clear of the impediments to successfully running your business.

Accused of Bias, Judge Recuses Himself from 17 Ongoing Cases [ABA Section of Litigation Ethics & Professionalism Newsletter]

Publication

Accused of Bias, Judge Recuses Himself from 17 Ongoing Cases - ABA Section of Litigation Ethics & Professionalism Newsletter -

Lisa Haas’ appointment as Chief Marketing Officer featured in Legal Intelligencer

News

Lisa Haas’ appointment as Chief Marketing Officer featured in Legal Intelligencer

Cozen O’Connor Named One of the Best Places to Work in Pennsylvania

Press Release

Cozen O’Connor Named One of the Best Places to Work in Pennsylvania

Alderman, Schweitzer, Bayh on the Infrastructure Bank the U.S. Already Has in The Washington Post

News - Government Relations - Cozen O'Connor Public Strategies

Alderman, Schweitzer, Bayh on the Infrastructure Bank the U.S. Already Has in The Washington Post

Barry Boss Discusses Underwear Bomber's Defense on NPR

News

As New Term Begins, Out With the Old, in With the New [The Legal Intelligencer]

Publication

As New Term Begins, Out With the Old, in With the New - The Legal Intelligencer - Next week, the U.S. Supreme Court begins its new term. Before diving into the exciting cases awaiting
decision in the coming year, it is worth pausing to examine a few interesting aspects of the court's work from the prior term.

3d Circuit Permits Pennsylvania Minority Shareholder to Sue Majority Shareholders for Breach of Fiduciary Duty After Completion of Cash-Out Merger [Corporate Alert!]

Publication - Business, Corporate

3d Circuit Permits Pennsylvania Minority Shareholder to Sue Majority Shareholders for Breach of Fiduciary Duty After Completion of Cash-Out Merger - Corporate Alert! - In August, 2011, the U.S. 3d Circuit Court of Appeals held that the fact that the Pennsylvania Business Corporation Law gives appraisal rights to minority shareholders “squeezed out” by a merger does not preclude other remedies, including a breach of fiduciary duty claim. In so doing, the 3d Circuit overruled the lower court, which had dismissed the fiduciary duty claim of a minority shareholder (Mitchell) on the basis that appraisal rights are the exclusive remedy

Stephen Miller quoted in Bloomberg Businessweek

News

Stephen Miller was quoted in Bloomberg Businessweek regarding the sentencing of Zvi Goffer, the former Galleon trader, and Winifred Jiau, a consultant for Primary Global Research LLC, who were convicted in June in separate trials in federal court in Manhattan as part of a U.S. crackdown on insider trading. Stephen commented, ''The U.S. attorney is going to keep this case in the public eye for a week. That should create the desired deterrent effect.''