Gregory Hudson, of the Global Insurance department writes an article titled" Guilty D&O May Lose Defense Costos, Indemnification Too," in Law360.
In Protection Strategies Inc. v. Starr Indemnity & Liability Co., the U.S. District Court for the Eastern District of Virginia allowed an insurer to recoup over $670,000 in costs paid for its insured first to respond to government subpoenas and then for the insured and its key employees to defend themselves against claims for governmental fraud and conspiracy.
Joe Bright, of the Tax Practice Group, offered his thoughts regarding the history of litigation using similar arguments that taxes aren’t owed because money the collected by SEPTA was done so as a metropolitan transit authority. According to the article, Philadelphia has wiped clean the $22 million SEPTA owed as of July 1.
Cozen O'Connor's Energy Environmental & Public Utility Group convenes a symposium of national experts in Philadelphia to discuss emerging issues surrounding catastrophic releases of hazardous materials.