Seventh Circuit Gives More Shelter to Investors under § 546(e)

Publication

Second Circuit Emphasizes Deference to Regulatory Agencies [The Legal Intelligencer]

Publication

In an article published in The Legal Intelligencer, Hayes Hunt, a member of Cozen O'Connor's Commercial Litigation Department, and Arthur Fritzinger, an associate in the Commercial Litigation Department, discuss the U.S. Court of Appeals for the Second Circuit’s ruling in Securities and Exchange Commission v. Citigroup Global Markets, No. 11-5227-CV L (2d Cir. Jun. 4, 2014), reversing a decision rejecting a consent judgment filed by the parties and remanding the case to the district court. In its opinion, the Second Circuit provided significant guidance to federal courts and litigants, and reaffirmed the broad discretion afforded to federal agencies in settling regulatory claims.

Cozen O’Connor Named a Pennsylvania Powerhouse by Law360

News

​In a state where there is no shortage of good options, Law360’s “Pennsylvania Powerhouse” firms have stood out for their sizeable presence in the Keystone state and significant regional accomplishments in the last two years. Cozen O’Connor has proven itself as a full-service Pennsylvania Powerhouse firm, undergoing a rapid expansion in the last two decades that has helped it win recognition.

Michael Klein Introduces Victoria Binetti at the Energy, Environmental and Public Utility Symposium

News

Michael Klein, of the Energy, Environmental & Public Utility Group, was recently involved with the Practice Group's symposium: "Preventing Hazardous Material Catastrophes in a Changing World." Michael introduced Victoria Binetti, Chief, U.S. Environmental Protection Agency, Drinking Water, Region 3.

Preventing Hazardous Material Catastrophes In A Changing World [Webcast]

Publication - Business, Environmental Regulatory & Due Diligence, Utility & Energy

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.

Guilty D&O May Lose Defense Costs, Indemnification Too [Law360]

Publication - Insurance Coverage - Insurance

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.

Taking Charge [Best's Review]

Publication - Insurance Coverage, Professional Liability Insurance Coverage - Insurance

Andrew Tobin and Paul Dowsey of the Global Insurance Department, write about effective claims controls in facultative reinsurance in an article titled "Taking Charge" in Best's Review. Facultative business can give rise to conflicts between reinsurers and cedents in the handling of claims, particularly if the cedent is concerned with reputational risk and has no meaningful exposure.

DOT Releases Passenger Protection Rulemaking #3; FAA Considers Commercial Drone Operations; Other Regulatory Issues [Aviation Regulatory Update]

Publication - Aviation, Aviation Litigation, Transportation & Trade, Unmanned Aircraft Systems (UAS) / Drones - Aviation

It has been a busy month at the Department of Transportation, with the DOT finally releasing its long-anticipated proposed rule on Transparency of Airline Ancillary Fees and Other Consumer Protection Issues, better known as Passenger Protection Rulemaking #3 or PP3. DOT also issued a Show Cause Order tentatively approving IATA’s Resolution 787 to establish a “new distribution capability” for air travel distribution. On Capitol Hill, the House passed the 2015 Transportation Appropriations bill, including an amendment that could have the effect of preventing DOT from approving the controversial application filed by Norwegian Airlines International for authority to begin operating to the United States.

Camille Miller Named a Women In Law Award Winner

Press Release - Intellectual Property

Camille Miller, co-chair of Cozen O’Connor’s Intellectual Property Department and the Intellectual Property Litigation Practice Group, has been named a Lawyer Monthly Women In Law Award winner. The Lawyer Monthly Women in Law Awards celebrate and highlight the achievements of women in the legal profession across the globe. As the result of five months of research and preparation, the Lawyer Monthly Women in Law Awards reward female legal experts who have influenced the wider legal profession in their jurisdiction.

Claims Journal: Looking Beyond the Breach: Recovery Analysis in Data Breach and Cyber Losses

Publication

In an article in the Claims Journal, Joe Rich address how we should be looking beyond the breaches to recovery as well, both in terms of possibility of recoveries and how to evaluate recovery. Surprisingly, there has been little attention given to the topic of subrogation or recovery opportunities arising our of cyber losses. In this article, we analyze the prospect of recovering on a cyber loss.

Cozen O’Connor Expands Private Equity Practice with Addition of Ingrid Welch

Press Release - Private Equity, Real Estate

With the recent addition of Ingrid Welch as a member, Cozen O’Connor has enhanced the strength of its Private Equity and Real Estate practices. Welch previously served as the Philadelphia managing partner of a Detroit-based law firm and as in-house counsel to a Philadelphia-based private equity and real estate investment boutique with 12 years as a principal and member of the investment committee.

The Second Circuit Confirms the SEC’s Ability to Settle Without Requiring Admissions of Wrongdoing [Global Insurance Alert]

Publication - Professional Liability Insurance Coverage

On June 4, 2014, the U.S. Court of Appeals for the 2nd Circuit reversed Judge Rakoff’s opinion in SEC v. Citigroup Global Markets Inc., holding that the judge had abused his discretion by applying an incorrect legal standard in analyzing the consent decree and setting a trial date. In doing so, the Circuit Court emphasized that a District Court must defer to the SEC’s discretion with respect to structuring consent judgments.

Jim Heller Discusses GM’s Defective Ignition Switch in Fortune Magazine

News - Products Liability

In an article titled ''Could GM be charged with murder?'' Jim Heller, chair of Cozen O’Connor’s Products Liability Practice Group, discusses a defective ignition switch in millions of General Motors’ cars that has led to at least 13 deaths since 2001. The Department of Transportation has fined the automaker $35 million for inaction regarding the switches, and the Department of Justice may impose an even bigger fine on the automaker. Given that people died as a result of the defect, could the U.S. government opt to charge GM with murder too?

Justices Consider First Amendment Challenges at Oral Arguments [The Legal Intelligencer]

Publication - Appellate

In an article published in The Legal Intelligencer, Stephen Miller and Jordan Fox, members of Cozen O'Connor's Commercial Litigation Department, discuss the U.S. Supreme Court's focus on the First Amendment this term. The court heard oral arguments in April in two such cases—one concerning the protections afforded a public employee while testifying under subpoena, and one concerning the ability of individuals to challenge speech-restrictive campaign laws. Both of these cases present the court with the difficult task of applying longstanding doctrine to new and perplexing problems.

Cozen O’Connor Named The 2014 Insurance Litigation Department of the Year by The Legal Intelligencer

News - Insurance Coverage - Insurance

Cozen O’Connor has been named The Insurance Litigation Department of the year in The Legal Intelligencer’s inaugural Litigation Department of the Year survey. Basing the competition on The American Lawyer’s Litigation Department of the Year, The Legal Intelligencer focused on Pennsylvania law firms for its survey.

Jennifer Brandt Appears on Crime and Justice with Dan Schorr to Discuss Casey Kasem Situation

News - Family Law

Jennifer Brandt, a member of the firm's Family Law Department, was a guest on Dan Schorr's radio show, Crime and Justice with Dan Schorr. Jennifer discussed many of the latest stories in the news including Casey Kasem and Oscar Pistorius.

Illinois Court Outlines Elements to Consider for Good Faith Analysis of Settlement Demand [Global Insurance Alert]

Publication - Bad Faith, Insurance Coverage - Insurance

Plaintiff John Z. Huang represented Yongping Zhou in a deportation suit. Mid-suit, Zhou terminated the representation and retained another attorney. Throughout the course of the litigation, Zhou hired several more attorneys and ultimately succeeded in vacating his domestic violence conviction after spending two years in an Immigration and Naturalization Service detention center. Zhou then sued Huang for legal malpractice.

Spain International Law Digest [International Digest]

Publication - Insurance Coverage, Subrogation & Recovery - Insurance

International Law Digest containing the limitation periods in general, funding actions in Spain, privilege, bringing court proceedings, the role of experts, interim remedies, disclosure and costs.

A Case Study of the Limits of Dodd-Frank Anti-Retaliation Protections and the Impact on Corporate Compliance Objectives [Georgetown University Law Center]

Publication - White Collar Defense & Investigations

Nicole Sprinzen, a member of Cozen O’Connor’s Criminal Defense & Internal Investigations practice, discusses the case of Asadi v. GE Energy (USA) L.L.C.

Cozen O’Connor Earns Client Recognition in 2014 Chambers USA Rankings

Press Release - Bankruptcy, Insolvency & Restructuring, Construction Law, Corporate, Health Care & Life Sciences, Insurance Coverage, Intellectual Property, Labor & Employment, Mergers & Acquisitions, Private Equity, Real Estate, Transportation & Trade, White Collar Defense & Investigations, Zoning, Land Use & Development

Chambers USA recognized 29 Cozen O’Connor lawyers as leaders in their respective fields; six attorneys were recognized nationally and eight were ranked in the top band. Stanley Sher was named a “Senior Statesman” in the “Transportation: Shipping: Regulatory (outside New York)” industry, for the pivotal role Sher plays in the firm’s continued success in the transportation industry.