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24 Nov 2008, 3:13 pm
"Lloyd's of London has warned [PDF] that class actions, forum shopping and third-party funding of litigation are on the increase in Europe and the United States. [read post]
24 Nov 2008, 12:13 am
Today I got yet another Lloyds TSB -etc phish and for some reason decided to investigate this one. [read post]
22 Nov 2008, 5:07 am
They say the limits should be applied only to those who committed crimes against children.In Wednesday's ruling, the appeals court overturned the residency restrictions on an Anaheim man, Steven Lloyd Mosley, who was convicted in 2007 of assaulting a 12-year-old girl four years earlier but acquitted of committing a lewd act. [read post]
21 Nov 2008, 8:04 am
AXA, who had taken over the reinsurers, a German company called Albingia, sought to avoid a claim for misrepresentation brought by the reassured, Limit No.2 Limited, who were syndicates at Lloyd's.This case involved two treaties, one written on 1 July 1996, originally lasting 12 months but later extended by an endorsement dated 20 June 1997 for a further 7 months to 31 January 2008, and a 12 month treaty written in February 1998. [read post]
19 Nov 2008, 11:46 am
As we have reported previously, the LRO will:- remove the restriction that requires managing agents to accept business only from a Lloyd's broker;- remove the divestment provisions in Lloyd's Act 1982 (which prohibited most associations between managing agents and Lloyd's brokers); and- make a number of changes to Lloyd's governance structure.Lloyd's is currently consulting on changes to its own rules to match the LRO and these are… [read post]
18 Nov 2008, 11:10 am
Lloyd Duhaime is a Vancouver lawyer who has put together an impressive Canadian legal news site. [read post]
17 Nov 2008, 10:28 pm
Brown & Brown Insurance Services of Texas and Chubb Lloyds Insurance Company of Texas for alleged failures to pay Ike-related damages. [read post]
17 Nov 2008, 5:00 pm
  By comparison, the total compensation for the CEO, Lloyd Blankfein, was $68.5 million in 2007. [read post]
14 Nov 2008, 10:39 am
The LRO has now been approved by both Houses of Parliament and is expected to come into force on Wednesday 19 November 2008.Lloyd's has also issued a market bulletin (Y4204) seeking feedback on its proposed amendments to Lloyd's Byelaws and other rules to address the market related reforms to be made by the LRO.Where a managing agent wishes to deal with a non-Lloyd's broker, the managing agent will be required to satisfy itself that the broker meets the same… [read post]
13 Nov 2008, 3:37 pm
______________________________________________________________THE FIRMS:Ballard Spahr Andrews & IngersollBell Boyd & LloydBingham MccutchenBlank RomeCadwalader, Wickersham & TaftClifford ChanceDechertDewey & LeboeufDLA PiperDuane MorrisFreshfields Bruckhaus DeringerFried, Frank, Harris, Shriver & JacobsonHeller EhrmanHolland & KnightHunton & WilliamsJenner & BlockKatten Muchin RosenmanKaye ScholerKirkland & EllisLoeb &… [read post]
12 Nov 2008, 1:49 pm
In the case of HLB Kidsons v Lloyd's Underwriters subscribing to Lloyd's policy No 621/PK1D000101 & Others [2008] EWCA Civ 1206, the Court of Appeal has given useful guidance on when notification of circumstances which may give rise to a claim is effective. [read post]
11 Nov 2008, 9:00 am
Any act or omission, or the causing or permitting of any act or omission, capable of damaging Lloyd's brand, licences or the Central Fund or otherwise likely to bring Lloyd's or the Lloyd's market into disrepute (Principle 6). [read post]
7 Nov 2008, 9:41 am
HLB Kidsons (a firm) v Lloyd's Underwriters subscribing to Policy 621/ PKID00101 and others; [2008] WLR (D) 344 “Where a professional indemnity insurance policy required the insured to notify to the insurers of any potential claims against the insured ‘as soon as practicable’ the insured could satisfy the policy requirement if he made an attempted notification of circumstances which might give rise to a claim for professional negligence, which was… [read post]
6 Nov 2008, 5:48 am
(In the following post, our guest contributor Karthik Seshadri examines the issue of misrepresentation arising out of the judgment of the Madras High Court in Rajshree Sugars v. [read post]
6 Nov 2008, 3:27 am
Never mind what it says about how far we have come since slave traders brought millions of unfortunate souls across the Atlantic, or since the Constitution brokered what William Lloyd Garrison called a "covenant with death" and an "agreement with hell. [read post]
4 Nov 2008, 9:58 pm
Rptr.2d 535 (2001)(right to recoupment) with Excess Underwriters at Lloyd’s, London v. [read post]
4 Nov 2008, 4:56 pm
Thomas “Tug” Benson, Hot Shots: Part Deux (Lloyd Bridges) - No, President Tug Benson might not immediately cross your mind as a good option. [read post]
4 Nov 2008, 3:53 pm
Postal Postal agreement with China will halve delivery time Air Chongqing has direct flights to all the provincial capitals Fraport Shortlisted For Kunming Investment China Eastern Airlines launches Nanchang-Seoul direct route China carriers in a cold sweat with the approach of winter China carriers in the red in third quarter Water Yangshan port extension to begin next year Deep-water port opens in China’s Yangtze River Delta COSCO Pacific says to defer new projects, expansion Shanghai… [read post]