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Document(s) published by this organization: 109
Show: results per page Sort by:  | The Southern District of New York Dismisses Securities Fraud Claim Against Auditor, Establishing Important Guidance for Future Courts and Parties
William J. Kelly, Peter J. Larkin, Thomas R. Manisero, Benjamin A. Tulis; Wilson Elser Moskowitz Edelman & Dicker LLP;
Legal Alert/Article December 5, 2012, previously published on December 3, 2012 On November 14, 2012, Southern District of New York District Judge Shira A. Scheindlin issued a decision setting important precedents for auditors of publicly traded companies. This is one of the first comprehensive decisions addressing auditor liability for audits of China-based companies traded...
| | New Amendments and Additions to the Texas Rules of Civil Procedure
Wilson Elser Moskowitz Edelman Dicker LLP;
Legal Alert/Article December 5, 2012, previously published on November 29, 2012 On November 13, 2012, the Texas Supreme Court adopted rules to implement the 2011 legislation creating a right to seek early dismissal and mandating expedited handling of cases worth less than $100,000 in monetary relief. The Court added Rule 91a and Rule 169 to the Texas Rules of Civil Procedure,...
| | FDA Exercises Its Suspension Authority Pursuant to the Food Safety Modernization Act
Joseph F. Bermudez, Robert F. Roarke, Melissa W. Shisler; Wilson Elser Moskowitz Edelman & Dicker LLP;
Legal Alert/Article December 5, 2012, previously published on December 3, 2012 The U.S. Food & Drug Administration (FDA) has exercised its power to suspend the registration of a food manufacturing facility due to a link between an outbreak of Salmonella Bredeney and the facility’s peanut butter products. Approximately 41 people across 20 states have fallen ill thus...
| | Latest Regulatory Developments Concerning Unclaimed Life Insurance Benefits
Sandy M. Smith; Wilson Elser Moskowitz Edelman & Dicker LLP;
Legal Alert/Article November 29, 2012, previously published on November 27, 2012 John Hancock Life Insurance Companies (Hancock) is the latest group of large insurers to enter into a multistate settlement involving its claims investigatory practices regarding the use of the Social Security Administration’s Death Master File (DMF) to identify deceased insureds and pay...
| | Second Circuit Endorses Insured’s Reading of “Overt Felonious Act” Requirement of Robbery Coverage under Crime Insurance Policy
Carl J. Pernicone, Samuel I. Reich; Wilson Elser Moskowitz Edelman & Dicker LLP;
Legal Alert/Article November 29, 2012, previously published on November 27, 2012 In VAM Check Cashing Corp. v. Fed. Ins. Co., 2012 U.S. App. No. 11-2644-cv (2d Cir. N.Y. Nov. 7, 2012), the insured, a check cashing company, submitted a claim for theft to its insurer when a group of criminals successfully tricked one of its employees into turning over $120,000 in cash to a...
| | Honoring Key Deadlines May Be the Best Defense to Potential Bad Faith Claims after Sandy
Melissa W. Shisler; Wilson Elser Moskowitz Edelman & Dicker LLP;
Legal Alert/Article November 29, 2012, previously published on November 29, 2012 As the Eastern Seaboard begins to recuperate from the havoc wreaked by “Frankenstorm” Sandy, plaintiffs’ firms are striving to paint insurance companies as the next monster the victims will have to face. Likewise, it is now public adjusters who are undoubtedly flooding the...
| | Superstorm Sandy: Further Implications for Related Party and Other Transactions Requiring Prior Approval and Scheduled to Close at Year-End
Frederick J. Pomerantz, Sandy M. Smith; Wilson Elser Moskowitz Edelman & Dicker LLP;
Legal Alert/Article November 28, 2012, previously published on November 26, 2012 By Executive Order dated November 20, 2012, Governor Cuomo has announced the temporary suspension and/or modification, effective immediately, of a number of requirements applicable to insurers doing business under the New York Insurance Law until further notice, including:
| | Preventing Litigation Over Coverage and Errors and Omissions Claims When Business Interruption Coverage Is Triggered
Megan N. Harper, Kevin T. Kavanagh; Wilson Elser Moskowitz Edelman & Dicker LLP;
Legal Alert/Article November 22, 2012, previously published on November 20, 2012 Superstorm Sandy made landfall along the coast of southern New Jersey on October 29, 2012. More than eight million people lost power during the storm. As of Sunday, November 11, 2012, approximately 150,000 customers in New York and New Jersey still remained without power. That number does not...
| | NY Department of Financial Services Proposes Amendment to Insurance Regulation 86 Allowing Large Insurers to Write More Special Risk Insurance
Frederick J. Pomerantz, Stacey B. Rowland, Sandy M. Smith; Wilson Elser Moskowitz Edelman & Dicker LLP;
Legal Alert/Article November 22, 2012, previously published on November 21, 2012 The New York Department of Financial Services (Department) has proposed a Fourth Amendment to New York Insurance Regulation 86 (Regulation 86) that applies to the sale of Special Risk insurance. Special Risk insurance, or insurance written through the “Free Trade Zone,” refers to...
| | NY Department of Financial Services Finalizes Amendment to Insurance Regulation 86 Allowing Large Insurers to Write More Special Risk Insurance
Frederick J. Pomerantz, Stacey B. Rowland, Sandy M. Smith; Wilson Elser Moskowitz Edelman & Dicker LLP;
Legal Alert/Article November 22, 2012, previously published on November 21, 2012 The New York Department of Financial Services (Department) has finalized a Fourth Amendment to New York Insurance Regulation 86 (Regulation 86) that applies to the sale of Special Risk insurance. Special Risk insurance, or insurance written through the “Free Trade Zone”, refers to...
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