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Edwards Wildman Palmer Document Search Results (238) Show: results per page Sort by:  | Reinsurance is No Exception: A Case of Staying and Not Following
Joanne Elieli, Mark Everiss, Sam Tacey; Edwards Wildman Palmer;
Legal Alert/Article January 12, 2013, previously published on January 2013 ‘Follow the settlements’ clauses have been the subject of debate in the English courts several times in recent years. The decision by the Court of Appeal in Amlin Corporate Member Ltd v Oriental Assurance Corporation [2012] EWCA Civ 1341 serves as a reminder to reinsureds of the...
| | A Regulatory Coup for Gibraltarian Insurance Business as the English High Court Sanctions the First Part VII Transfer into the UK
Joanne Elieli, Chris Finney; Edwards Wildman Palmer;
Legal Alert/Article January 12, 2013, previously published on January 2013 In Provident Insurance plc and Others v The Financial Services Authority [2012] EWHC 1860 (Ch), an application was made to the High Court for directions on the application of Part VII of the Financial Services and Markets Act 2000 (FSMA) (Part VII) to a transfer of insurance business from a firm...
| | Virginia Supreme Court Construes Four Exclusions as Barring Coverage in First-Party Chinese Drywall Claim
Matthew B. Criscuolo, John David Dickenson; Edwards Wildman Palmer;
Legal Alert/Article January 12, 2013, previously published on January 2013 On November 1, 2012, the Virginia Supreme Court issued its opinion in TravCo Insurance Company v. Ward, and became the first state high court to determine that several exclusions contained within a homeowners’ insurance policy were applicable and barred coverage for damages associated with...
| | Public Notice Concerning the Connect America Fund (CAF) and Unused CAF Phase I Funding
Lawrence R. Freedman; Edwards Wildman Palmer;
Legal Alert/Article January 12, 2013, previously published on January 7, 2013 The Connect America Fund (CAF)-which was established in order to “advance deployment of broadband-capable infrastructure” and is divided into two phases of funding-was the subject of a Public Notice released by the Federal Communications Commission (“FCC” or...
| | When Sandy Became a Superstorm But Not a Hurricane: The Effect on Deductibles
Laurie A. Kamaiko, James T. Killelea; Edwards Wildman Palmer;
Legal Alert/Article January 12, 2013, previously published on January 2013 Superstorm Sandy left in her wake thousands of homes and businesses with severe property damage and, in many instances, considerable financial losses. Estimates indicate that Sandy caused over $62 billion in damage and other losses, which have already spawned a growing number of storm-related...
| | Take Control of Litigation with Early Case Assessments
Matthew Murphy, Stephen M. Prignano; Edwards Wildman Palmer;
Legal Alert/Article January 12, 2013, previously published on January 2013 Despite committing tremendous resources to the defense of coverage, claims and bad faith litigation, many insurers tend to follow a relatively predictable defense model that has not changed substantially over the years. The process is largely reactive, inefficient and costly: plaintiffs take the...
| | Time is Money: Aviation Insurers Look to the Sky as ECJ Opens the Door to Delayed Flight Claims
Stephen Ixer; Edwards Wildman Palmer;
Legal Alert/Article January 12, 2013, previously published on January 2013 Aviation insurers could face a new stream of claims after the European Court of Justice (ECJ) confirmed that airlines should pay compensation to passengers who are subject to long delays. This gives delayed passengers the same rights under Articles 5 to 7 of Regulation (EC) 261/2004 (the...
| | ‘Boilerplate’ Clause Causes Problems for Egyptian Ship Owner
David R. Kendall, Ajita Shah; Edwards Wildman Palmer;
Legal Alert/Article January 12, 2013, previously published on January 2013 High Court considers whether there is a London market connection, in deciding the appropriate forum for a Middle Eastern maritime insurance dispute.
| | Update on Federal Budget Sequestration and Other “Fiscal Cliff” Developments Affecting Direct Pay and Tax-Exempt Bonds
Joe E. Forrester, Christie Lombard Martin, Antonio D. Martini; Edwards Wildman Palmer;
Legal Alert/Article January 7, 2013, previously published on January 2013 On September 19, 2012, members of the Public Finance Department of Edwards Wildman Palmer LLP released a Client Advisory describing a report of the federal Office of Management and Budget on the estimated funding reductions for federal fiscal year 2013 to implement a sequestration of outlays for...
| | Congress Passes Sweeping Tax Law Changes
Laurie J. Hall, Matthew R. Hillery; Edwards Wildman Palmer;
Legal Alert/Article January 7, 2013, previously published on January 2013 On January 1, 2013, after weeks of brinksmanship and a temporary step off of the so-called “fiscal cliff,” Congress passed a series of sweeping tax law changes. President Obama signed the American Taxpayer Relief Act of 2012 into law on January 2, 2013. Since 2001, taxpayers have been...
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