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IRS Life Insurance Guidance [Tax Alert!]

May 12, 2009

Publication - Business, Tax

IRS Life Insurance Guidance - Tax Alert! - On May 1, 2009, the IRS issued two revenue rulings to clarify the income tax treatment relating to the surrender, sale and purchase of certain life insurance policies. They are in response to a congressional request for guidance for life settlement transactions in which such life insurance policies are sold to unrelated third parties. However, the principles in the revenue rulings may extend beyond such transactions.


Lightning-Induced CSST Fires: Protecting Your Subrogation Rights [Subrogation and Recovery Alert!]

May 11, 2009

Publication - Subrogation & Recovery - Insurance

Lightning-Induced CSST Fires: Protecting Your Subrogation Rights - Subrogation and Recovery Alert! - Since the introduction of CSST, there has been an
increase in fire damage caused by lightning strikes. Direct and indirect lightning strikes can energize CSST, inducing current that attempts to use the metal conduit to reach ground.The corrugated design and the thin walls cannot withstand the energy produced, causing a
hole to be melted in the CSST.That hole results in the release of pressurized natural gas or propane into the structure


Spring 2009 [Business Law Observer]

May 01, 2009

Publication

Spring 2009 - Business Law Observer - The Spring edition addresses many issues raised by the unprecedented economic troubles. Our articles touch upon banking relations, the American Recovery and Reinvestment Act of 2009, opportunities for businesses and non-profits created by the Act, and other important topics. While merger activity has slowed considerably,
nevertheless, as our economy recovers, we offer a primer on compliance with FTC rules as merger transactions increase.


Labor and Employment Observer - Spring 2009 [Observer]

May 01, 2009

Publication

Labor and Employment Observer - Spring 2009 - Observer - Our Spring 2009 Labor and Employment Law Observer covers a multitude of topics
of interest to in-house counsel, human resources professionals and corporate management.
Many of these articles are particularly timely given the changing political
climate and our increasingly technology driven society. These articles include:
• An overview of the first 100 days of the Obama Administration; • A discussion of two recent decisions by the Third Circuit Court of Appeals


2009 Property Insurance Directory [Global Insurance Group]

May 01, 2009

Publication - Insurance Coverage, Products Liability

2009 Property Insurance Directory - Global Insurance Group - We are pleased to enclose Cozen O'Connor's Global Insurance Group 2009 Property Insurance Directory, which identifies our principal property insurance lawyers in each of our offices with listings of specific areas of expertise those attorneys have in the property insurance area. I am sure you will agree that this is an impressive group of property lawyers, likely the largest in the U.S., with both breadth and depth of experience in all fields of interest in property claims.


Cozen O’Connor’s Paul Leary Named To Philadelphia Business Journal’s “40 Under 40”

May 01, 2009

Press Release

Cozen O’Connor’s Paul Leary Named To Philadelphia Business Journal’s “40 Under 40”


New Medicare Secondary Payer Requirement: Mandatory Reporting for Liability, No-Fault and Workers Compensation Insurers [Health Law Alert!]

April 28, 2009

Publication - Business, Health Care & Life Sciences - Health Care & Life Sciences

New Medicare Secondary Payer Requirement: Mandatory Reporting for Liability, No-Fault and Workers Compensation Insurers - Health Law Alert! - The Medicare Secondary Payer law (“MSP”) is again “in the news” for liability (including self-insured), no-fault, and workers compensation insurers. In December 2007, Congress amended the MSP law through Section 111 of the Medicare, Medicaid, and SCHIP Extension Act to impose mandatory reporting requirements on liability, no-fault, and workers’ compensation insurers (collectively referred to as “non-Group
Health Plans” or “Non-GHPs”)


Former U.S. Ambassador and Blank Rome Chair David Girard-diCarlo Joins Cozen O'Connor

April 27, 2009

Press Release - Government Relations - Cozen O'Connor Public Strategies

Former U.S. Ambassador and Blank Rome Chair David Girard-diCarlo Joins Cozen O'Connor


Former Wolf Block Chairman Mark Alderman Joins Cozen O'Connor 66 Wolf Block Attorneys Have Joined the Firm

April 16, 2009

Press Release

Former Wolf Block Chairman Mark Alderman Joins Cozen O'Connor 66 Wolf Block Attorneys Have Joined the Firm


Cozen O’Connor Adds 27 Wolf Block New York Attorneys: Attorneys Join from Private Client Services, Real Estate, IP, Government Relations and Corporate Finance Practices

April 16, 2009

Press Release

Cozen O’Connor Adds 27 Wolf Block New York Attorneys: Attorneys Join from Private Client Services, Real Estate, IP, Government Relations and Corporate Finance Practices


General Liability - The Third Circuit Interprets Kvaerner, Holds That Claim for Consequential Damages Based on Sale of Defective Nutritional Supplement Does Not Constitute an "Occurrence" Under a CGL Policy [Insurance Coverage Alert!]

April 15, 2009

Publication - Insurance Coverage

General Liability - The Third Circuit Interprets Kvaerner, Holds That Claim for Consequential Damages Based on Sale of Defective Nutritional Supplement Does Not Constitute an "Occurrence" Under a CGL Policy - Insurance Coverage Alert! - On April 14, 2009, the Third Circuit Court of Appeals issued its opinion in Nationwide Mutual Ins. Co. v. CPB International, Inc., No. 02-4772 (3d Cir. 2009), further reducing the availability of general liability coverage for disputes between contracting parties. The Court’s decision is significant in three respects: (1) it expands the reach of Kvaerner Metals Div. v. Commercial Union Ins. Co., 908 A.2d 888 (Pa. 2006) and Millers Capital Ins. Co. v. Gambone Bros. Dev. Co., 941


Defective Drywall: The Not-So-Great Wall of China [Subrogation and Recovery Alert!]

April 01, 2009

Publication - Subrogation & Recovery - Insurance

Defective Drywall: The Not-So-Great Wall of China - Subrogation and Recovery Alert! - The Great Wall of China is a Wonder of the World. It is the only man-made structure visible from space with the naked eye. While even the best made drywall will never compare to the Great Wall, drywall from China should not corrode and smell like rotten eggs in a matter of months. The following Alert explains the problem, and gives new meaning to a line from an Eighties classic, “When the walls come crumbling, crumbling, crumbling, crumbling, down.”


PREEMPTION IS NOT DEAD: A Fresh Look at Wyeth v. Levine in Context [Cozen O'Connor Whitepaper]

April 01, 2009

Publication - Products Liability

PREEMPTION IS NOT DEAD: A Fresh Look at Wyeth v. Levine in Context - Cozen O'Connor Whitepaper - A White Paper analyzing the state of the preemption doctrine in the wake of the Supreme Court’s recent decision in Wyeth v. Levine 173 L. E. 2d 51 (Mar. 4, 2009)


An Arbitration Panel's Authority to Award Attorney's Fees, Interest and Punitive Damages [Rutgers Conflict Resolution Law Journal]

April 01, 2009

Publication

An Arbitration Panel's Authority to Award Attorney's Fees, Interest and Punitive Damages - Rutgers Conflict Resolution Law Journal -


Financing Issues to Consider When Negotiating Retail Leases in Strip Centers [The Real Estate Finance Journal]

April 01, 2009

Publication - Real Estate Litigation

Financing Issues to Consider When Negotiating Retail Leases in Strip Centers - The Real Estate Finance Journal -


Food Contamination: NUTS! Another Nut, Another Recall - March 31, 2009 [Insurance Coverage Alert!]

March 31, 2009

Publication - Insurance Coverage

Food Contamination: NUTS! Another Nut, Another Recall - March 31, 2009 - Insurance Coverage Alert! -


30 Wolf Block Attorneys Join Cozen O’Connor
Attorneys Board from Private Client Services, Real Estate, Tax, and Litigation

March 27, 2009

Press Release

30 Wolf Block Attorneys Join Cozen O’Connor
Attorneys Board from Private Client Services, Real Estate, Tax, and Litigation


Cozen O’Connor Attorney Jennifer A. Brandt Discusses Haleigh Cummings Case On CNN Headline News

March 27, 2009

Press Release - Family Law

Cozen O’Connor Attorney Jennifer A. Brandt Discusses Haleigh Cummings Case On CNN Headline News


New Cancellation of Indebtedness Rule [Tax Alert]

March 26, 2009

Publication - Business, Tax

New Cancellation of Indebtedness Rule - Tax Alert -


Environmental Contamination: Connecticut Supreme Court Holds That Silica Exclusions Are Not Ambiguous and Apply to Silicon in All its Forms [Insurance Coverage Alert!]

March 25, 2009

Publication - Insurance Coverage

Environmental Contamination: Connecticut Supreme Court Holds That Silica Exclusions Are Not Ambiguous and Apply to Silicon in All its Forms - Insurance Coverage Alert! - In a declaratory judgment action initiated by an insurer, styled Liberty Mut. Ins. Co. v. Lone Star Indus. Inc., et al., No. SC 18199 (Conn. Sup. March 24, 2009), the Connecticut Supreme Court, among other things, agreed with certain insurers of Lone Star, a silica and sand supplier, that a silicosis hazard exclusion endorsement that refers to “silicon,” rather than the chemically distinct “silica,” should be read broadly as applying to silicon in all its forms. In addition, affirming in

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