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Current Topics are Financial Meltdown and 2008 Election Results
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11/17/2008 2:47:39 AM EST
Robert C. (Bob) Leventhal
Posted by Robert C. (Bob) Leventhal
partner, Foley & Lardner LLP
A new trial court decision from Illinois holds that counsel for a reinsurance pool in a lawsuit brought by the pool against a pool member is obligated to produce documents and information within the possession of each of the approximately 500 pool memb ...
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9/8/2008 2:54:36 PM EST
James D. (Jim) Ossyra
Posted by James D. (Jim) Ossyra
partner, Foley & Lardner LLP
In TIG v. Aon, the Fifth Circuit applied Texas law to dismiss a seemingly viable claim on statute of limitations grounds, even though the plaintiff there may not have even known of its claim before the limitations period had run. The Fifth Circuit&rsqu ...
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9/8/2008 5:36:46 PM EST
Glen H. Kanwit and Andrew A. Oberdeck
Posted by Glen H. Kanwit and Andrew A. Oberdeck
partner, Foley & Lardner, LLP; associate, Foley & Lardner, LLP
This commentary initially notes that custom and usage is defined in the Uniform Commercial Code as a “practice or method of dealing having such regularity of observance in place, vocation or trade as to justify the expectation that it will be obs ...
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5/7/2008 7:50:33 PM EST
James Veach
Posted by James Veach
Partner, Mound, Cotton, Wollan & Greengrass
The mid-1980s were the golden age of insurance insolvency. The current sub-prime meltdown and the agonies at mono-line insurers MBIA and Ambac scare a lot of people ...
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