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Insurance Coverage & Recovery

Continental Insurance: Insureds Strike Gold In California

For two decades, courts have struggled with how to allocate long-tail environmental liabilities, asbestos claims and similar mass torts across the multiple years of insurance coverage triggered by such claims. The language of the standard commercial general liability (“CGL”) policy...

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Finance

FDIC Professional Liability Lawsuits Deserve Close Scrutiny

Recent Federal Deposit Insurance Corporation (“FDIC”) lawsuits filed against directors and officers of failed financial institutions may shape corporate law for years to come. Although many people assume that the allegations in such FDIC lawsuits are unique to banking, this is...

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Healthcare

Daubert Alert: The First Circuit Takes a Step Back in Milward v. Acuity Specialty Products

On January 8, 2011, the U.S. Supreme Court denied certiorari in Milward v. Acuity Specialty Prods. Grp., Inc., 639 F.3d 11 (1st Cir. 2011) and let stand a First Circuit holding admitting a plaintiff expert’s causation opinion resting solely on his self-proclaimed “weight of the...

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Litigation Funding

Follow The Money: Litigation Funders Back Your Foes

Kirby Griffis is a Partner with Hollingsworth LLP in Washington DC. He has been doing pharmaceutical and medical device litigation with Atlantic Legal Foundation board member Joe Hollingsworth for the past 15 years. Set forth below is the text of an address that he delivered at the Board and...

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