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Corporate Counsel
Yes, Your D&O Policies Cover FCPA Defense: Save your company millions by positioning it to recover insurance proceeds
You are General Counsel of a global manufacturing company and sit down at your desk one morning to find that your company has received letters from the U.S. Department of Justice and the Securities and Exchange Commission. A whistleblower alerted the agencies that improper payments had been made to...
Read MoreGaming | Hospitality
The Right to Settle: Protecting the right to control your case
Every year, hotels are subject to a host of lawsuits, both valid and meritless, from guests who claim to have suffered an on-premises injury. The defense of such cases can be extremely expensive, and most hotels accordingly purchase commercial general liability (CGL) insurance so that if they are...
Read MoreCybersecurity
Directors Should Look Beyond Cyber Insurance: Law enforcement officials seek accountability in data breaches and cyber loss
Cyber risks should have directors and officers thinking beyond specialty cyber coverage that covers their companies’ first-party losses and third-party liabilities. Just as cyber risks require input from management outside the IT department, the fallout for improperly managing corporate cyber...
Read MoreEnergy | Oil & Gas
Deals Considered Bankruptcy-Proof Combust: Uncertainty heightens for midstream gatherers and processors after the Sabine decision
As the oil and gas industry continues to struggle in the face of the ongoing decline of commodity prices, a recent decision of the United States Bankruptcy Court for the Southern District of New York may have offered a glimmer of hope to upstream producers, while creating more uncertainty for...
Read MoreBringing Home the Bacon - Emerging Issues in Food Insurance Law: Understanding the essentials of food contamination insurance
Outbreaks of food contamination, most recently Chipotle’s E. coli outbreak, garner not only media attention but also a flood of class actions, shareholder derivative suits and criminal investigations. Contaminated food has also produced an unprecedented wave of product recalls, some of which...
Read MoreWhat Counsel Must Do to Maximize Insurance Coverage: Insurance policies are complex contracts that require counsel's oversight. Job 1 is to demarcate the broker's role
Insurance policies are complex contracts, often riddled with pitfalls for the policyholder. The pursuit of a claim in the wake of a loss is equally fraught. Yet all too many companies entrust their assets and their very survival to insurance policies that are vetted by neither in-house counsel nor...
Read MoreInsurance Coverage & Recovery
E&O Goes In-House: Employed Lawyers Professional (ELP) liability coverage may help to protect corporate counsel
Attorneys understand that every job and client brings with it the potential for great reward . . . and the possibility of a lawsuit. As such, law firms and solo practitioners purchase professional liability insurance coverage, also known as errors and omissions (E&O) or legal malpractice...
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