Louis H. Castoria

Urgency of Filing Actions for Contributions
Louis H. Castoria,Edward P. Garson, January 16, 2012
Recently, in American States Insurance Company v. National Fire Insurance Company of Hartford (December 14, 2012) 12 C.D.O.S. 320, the California Court of Appeal held that an insurer with responsibility to cover some portion of the loss suffered by the insured has no legal right to equitable...

California Court of Appeal: Right to Independent Counsel Is Not a Blank Check
Louis H. Castoria, August 8, 2011
Does a liability insurer, in accepting the insured’s chosen independent counsel, retain the right to refuse to pay excessive fees charged by that counsel? In a decision published August 1, 2011, the California Court of Appeal, Fourth Appellate District, ruled that independent counsel,...

Supreme Court Limits Rule 10b-5 Liability to Actual “Makers” of Allegedly Misleading Statements - Perhaps Not the Fraud Shield Predicted by Some
Louis H. Castoria,Sheena Jain,William J. Kelly,H. Steven Vogel, July 21, 2011
Many view the United States Supreme Court’s recent Janus Capital Group decision as drastically limiting the pool of potential defendants in federal securities fraud claims, but some of the champagne bottles should stay corked for now.