You Can Assign Your Bad Faith Claims in Pennsylvania

By | Policyholder Perspective | December 18, 2014
You Can Assign Your Bad Faith Claims in Pennsylvania

This week, in a 5-1 decision resolving a certified question from the U.S. Court of Appeals for the Third Circuit, the Pennsylvania Supreme Court adopted the positions advanced by Reed Smith LLP on behalf of United Policyholders, concluding that policyholders are permitted to settle claims against them by assigning to plaintiffs and other claimants their rights to both statutory and common law-based bad faith claims against their insurance companies.

Second Circuit Rules for Defendants in Landmark Insider Trading Case

By | The D&O Diary | December 16, 2014
Second Circuit Rules for Defendants in Landmark Insider Trading Case

In the following guest post, Susanna Buergel, Charles Davidow, Andrew Ehrlich, Brad Karp, Daniel Kramer, Richard Rosen and Audra Soloway, all of whom are litigation partners at Paul, Weiss, Rifkind, Wharton & Garrison LLP who are members of the Firm’s Securities Litigation Practice group explain the significance of the Second Circuit’s decision United States v. Newman.