Court in BP Oil Spill Litigation Denies Standing for Special Purpose Entities Created Solely for Litigation

A January 4, 2016 opinion in the Southern District of Texas by Judge Keith Ellison (“Op.”) in the In re: BP p.l.c. Securities Litigation, has taken up the issue of whether plaintiffs can properly assign their claims to entities created solely for the purpose of litigating those claims.

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Property Insurance Diminution in Value Class Action: Georgia Federal Court Dismisses Declaratory Judgment Claim

By | Class Actions Insider | February 2, 2016

A while back, I wrote about a Georgia Supreme Court decision, Royal Capital Development LLC v. Maryland Casualty Co., that held that diminution in value of real property is potentially covered under a property insurance policy, in addition to the costs of repairs (see my June 6, 2012 blog post).

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