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8 Jan 2010, 9:43 am
Japan Airlines, a once-proud flagship carrier now crippled by $16 billion in liabilities, may soon file for bankruptcy protection as part of a state-led turnaround in one of the largest corporate failures in the Japanese history. [read post]
19 Sep 2008, 3:00 am
Another interesting case from California...An insurance carrier was held liable for failure to properly handle a claim under a directors, Officers, and Corporate Insurance Policy. [read post]
2 Apr 2012, 2:58 pm
Pinnacle Airlines Corporation has become the latest U.S. carrier to resort to the Chapter 11 process in the hopes of reorganizing a business model that has produced shortfalls in liquidity and profitability. [read post]
12 Jan 2016, 6:00 am
Even if you have D&O Insurance, keep in mind that the carrier’s policy has exclusions. [read post]
19 Jul 2011, 1:23 am
The burden these costs represent may be all the more painful for the carriers because the exposures involved with these kinds of suits likely are not priced into the risk premium. [read post]
30 Mar 2012, 6:23 am
Plaintiffs-Appellants Carrier Corporation, Carrier SA, and Carrier Italia S.p.A. [read post]
18 Sep 2011, 1:22 pm
[JURIST] Seven states, including California, Illinois, Massachusetts, New York, Ohio, Pennsylvania and Washington, on Friday joined an antitrust lawsuit [amended complaint, PDF] initiated by the US Department of Justice (DOJ) [official website] attempting to block a proposed $39 billion acquisition of cellular carrier T-Mobile USA by Telecom giant AT&T [corporate websites]. [read post]
26 Jul 2017, 2:00 am
Olin Corporation has filed such lawsuits against several of its insurance carriers with respect to the contamination indemnification claims generated by Olin Corporation’s ongoing cleanups at its manufacturing […] [read post]
15 Jan 2013, 11:45 am
’ The corporation submits jail leave requests are unusual and granting a one-year leave would have a negative impact on the corporation’s operations. [read post]
2 Apr 2016, 8:50 am
Carriers and their lawyer cite the Hamilton1 case for the proposition that a nineteen-month delay in reporting a loss is, as a matter of law, not prompt and therefore prejudices the carrier from investigating the claim. [read post]
26 Mar 2021, 9:15 am
On March 23, 2021, the Kansas Corporation Commission (“KCC”) issued a long-awaited Order resolving jurisdictional and other issues surrounding interconnection and porting issues between Voice over Internet Protocol (“VoIP”) providers and rural local exchange carriers (“LECs”) in Kansas. [read post]
9 Dec 2016, 7:38 am
Choi and her sister, Sung Hyun Kim, were corporate officers for Meriko, Inc., and its successor, SF Apparel, both garment manufacturing companies that make brand jeans for other jeans companies. [read post]
1 Jul 2009, 10:06 am
But the Supreme Court disagreed and held that the insurer was wrong in not classifying Greene as a motor carrier. [read post]
17 May 2011, 2:30 am
Following a coverage suit, the primary D&O carrier paid its limits.The first-layer excess carrier, however, took the position that the closing documents had made the plaintiff an officer of the merged corporation, so the insured-versus-insured exclusion forbade the carrier from providing coverage. [read post]
19 Jul 2022, 11:39 am
We do not represent government, corporations or large business interests. [read post]
3 Feb 2015, 6:53 am
The Professional Liability Underwriting Society is sponsoring a seminar, mostly for D&O insurance carriers, in New York City on Feb. 4, 2015, entitled: What’s Hot in Delaware: Recent Decisions Impacting the Boardroom I will be on a panel covering the above topic that will address new decisions from the Delaware courts that impact corporate governance practices and D&O liability risks. [read post]
19 Mar 2015, 12:24 pm
Motor carriers—persons and corporate entities who contract for the transportation of household goods or passengers—must carry insurance in order to legally operate in Georgia. [read post]
14 Sep 2005, 12:09 pm
[JURIST] Delta Airlines [corporate website] and Northwest Airlines [corporate website], the third and fourth largest US air carriers, both filed for Chapter 11 bankruptcy protection [SEC backgrounder] Wednesday. [read post]
29 Sep 2010, 5:26 am
Corporate types take note. [read post]
3 May 2010, 9:21 am
The deal apparently involves United’s parent (UAL Corporation)... [read post]
