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June 25, 2007
Publication
Supreme Court Refines Pleading Requirements in Private Securities Fraud Litigation - Securities and Financial Services Litigation Alert - On June 21, 2007 the United States Supreme Court reached its much-anticipated decision in Tellabas, Inc. v. Makor Issues & Righs, Ltd. clarifying the requirements for pleading fraud in private securities Litigation
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June 25, 2007
Publication - Employee Benefits & Executive Compensation, Labor & Employment
On April 10, 2007, the Department of the Treasury and the Internal Revenue Service issued final regulations on nonqualified deferred compensation under Section 409A of the Internal Revenue Code (the ''Final Regulations'').
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June 22, 2007
Publication - Insurance Coverage - Insurance
Cozen O'Connor Wins United States District Court Judgement in Favor of Insurer on Food Contamination Business Interruption Claim - Insurance Coverage Alert - 6/22/07 - On June 18 2007 the United States District Court for the District of Colorado granted summary judgment in favor of Maryland Casualty Company represented by Cozen O'Connor holding that the business interruption clause in a first party policy only provides coverage until the insured resumes operations and does not provide coverage for market consequences resulting from the insureds temporary cessation of business.
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June 15, 2007
Publication - Employment Litigation, Labor & Employment
Employment Law: Language debate - Daily Business Review - While the debate over immigration reform heats up in Washington, English-only policies in the
workplace are sparking numerous legal challenges in the courts. Labor and employment attorneys say that, in recent years, a growing number of businesses have created English-only policies, triggering a backlash of discrimination lawsuits by immigrant workers.
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June 04, 2007
Publication - Subrogation & Recovery
Subrogation Strategies: Increasing Your Batting Average - 2007 Atlantic Subrogation Seminar - Seminar book from 2007 Atlantic Subrogation Seminar
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June 01, 2007
Publication
Looking To The Midwest As A Business Venue - The Metropolitan Corporate Counsel - The Editor interviews Josh Kantrow,
member, Cozen O’Connor, Enterprise
Risks Practice Group, Chicago. Mr.
Kantrow concentrates his practice on
complex business litigation and “rescue
counsel” work.
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June 01, 2007
Publication
Securities Litigation Relief On The Horizon? - Corporate Counsel - There are few companies who need not be concerned with developments in securities litigation. With private plaintiffs and regulators “following the money” into
private finance, companies held both privately and publicly must stay informed. Two critical
issues in this area — pleading fraudulent intent and third party liability — are currently
before the U.S. Supreme Court. Greater clarity, and perhaps some relief for corporate counsel, should emerge this year.
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May 24, 2007
Publication - Insurance Coverage
Cozen Establishes Nationwide Coverage Team to Address Foodborne Contamination Claims - Insurance Coverage Alert - 05/24/2007 - In response to the enormous impact foodborne outbreaks have had on insurers
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May 16, 2007
Publication - Construction Law, Insurance Coverage
Pennsylvania Court Rules Insurer Has No Duty to Defend or Idemnify Home Builder Against Construction Defect Claims Under CGL Policy - Insurance Coverage Alert - In courts around the country, construction industry insureds are arguing that run of the mill contractual claims over faulty work by builders and/or their subcontractors are covered by standard commercial general liability policies.
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May 10, 2007
Publication - Subrogation & Recovery - Insurance
2007 Southeast Subrogation Seminar - Seminar Book - 2007 Southeast Subrogation Seminar - Seminar book from 2007 Southeast Subrogation Seminar
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May 09, 2007
Publication - Insurance Coverage
Overview of the Duty to Defend in Illinois - Insurance Coverage Alert! - May 9, 2007 - The increasing complexities of duty to defend issues in Illinois have led us to take a careful look and provide our clients with what we hope is a useful overview on Illinois law.
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May 01, 2007
Publication
Slugging Through Boxing's Contractual and Legal Minefields (Practical Solutions to Restore a Great Sport) - Entertainment and Sports Lawyer -
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May 01, 2007
Publication
Privileges and Cooperation - BEST'S REVIEW - Insurance companies, like other businesses, face inquiries and investigations from government agencies and attorneys. They also rely on attorney-client and work-product privileges when gathering information and reaching conclusions necessary to respond in such situations. Companies under scrutiny often face pressure, however, to waive these privileges.
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April 20, 2007
Publication - Subrogation & Recovery - Insurance
The “Q & A” On Freight Forwarders: Who Are They? What Do They Do? When Are They Liable? - Subrogation and Recovery Alert! - 5 pgs total. When goods are damaged during transport, the seemingly obvious targets in a subrogated action are usually the carriers, being the parties who were contracted to handle and transport the goods. Another party may bear responsibility for the loss, the freight forwarder. Where property is damaged in transport, subrogation professionals should be alert to the possibility of recovering against freight forwarders who may have been involved in arranging carriage for the goods.
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April 16, 2007
Publication - Subrogation & Recovery - Insurance
Ford Recalls 500,00 Ford Escapes for Fire Causing Defect - Subrogation and Recovery Alert! - 1 pg total. Ford initiated the recall after receiving numerous complaints that the Escapes’ anti-lock brake module was over-heating, smoking and sometimes catching fire. Similar to the very familiar speed control deactivation switch fires, the Escapes’ anti-lock brake module is always energized and it can catch fire even if the car is turned off and the keys are out of the ignition.
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April 12, 2007
Publication - Employee Benefits & Executive Compensation, Labor & Employment
On April 10, 2007, the Internal Revenue Service (the ''IRS'') and the Treasury Department released the long-awaited final regulations regarding the taxation of non-qualified deferred compensation under Section 409A of the Internal Revenue Code of 1986, as amended (the ''Code''). Code Section 409A provides that amounts deferred under non-qualified plans and arrangements may be subject to current taxation and penalties if certain requirements are not satisfied.
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April 12, 2007
Publication - Appellate, Insurance Coverage, Intellectual Property, Products Liability, Subrogation & Recovery - Insurance
Remarks of Adam C. Bonin, Esq. Cozen O'Connor - Campaign Finance Law, Issue Advocacy and the Supreme Court - Remarks from a panel discussion held last Thursday, April 12, 2007, at the American Constitution Society, regarding the upcoming Supreme Court arguments in FEC v. Wisconsin Right to Life
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April 10, 2007
Publication
The Fifth Circuit Rules on Third Party Liability for Securities Fraud; Underscores Circuit Split; Supreme Court to Review - Securities and Financial Services Litigation Alert - The United States Fifth Circuit Court of Appeals recently issued an opinion concerning the liability of financial services companies and other vendors for their clients alleged securities fraud.
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April 01, 2007
Publication - Labor & Employment
Garden Leave: Helping Employers Control The Prickly Landscape Of Employee Departures - The Metropolitan Corporate Counsel -
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April 01, 2007
Publication - Insurance
Attacking the Root Of the Punitive Damages Problem: The Philip Morris v. Williams Decision - The Corporate Counselor - On Feb. 20, 2007, the U.S. Supreme Court issued a landmark decision on punitive damages in
Philip Morris USA v. Williams, __S.Ct.__ , 2007 WL 505781 when it found a jury’s $79.5 million punitive damage award, assessed in
conjunction with $821,000 in compensatory damages for negligence and deceit in misleading a smoker to believe that smoking was safe,
was unconstitutional.
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