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By John Berringer and Jennifer Katz, Reed Smith LLP In In Re East 51st St. Crane Collapse Litigation , the New York Supreme Court permitted the primary insurance company to enter into a settlement which clearly was not “in the best interests...

By Timothy P. Law, Partner, Reed Smith LLP Insurance company insolvencies cause disruption to businesses and create a risk of serious financial loss. In many instances, however, policyholders can make a full recovery or mitigate their losses by...

By Ann V. Kramer and Jennifer D. Katz In Rosciti v. Liberty Mutual Insurance Company , the District Court of Rhode Island concluded that an individual seeking damages from a bankrupt company cannot directly collect from that company’s excess...

By John Berringer and Michael DiCanio, Attorneys, Reed Smith LLP While it has long been the general rule in New York and other jurisdictions that a policyholder's settlement with a primary insurer for less than full policy limits can nevertheless...

In this Emerging Issues commentary, Jay M. Levin and Jennifer D. Katz, members of the Insurance Recovery Group of Reed Smith LLP, discuss the differing positions courts have taken with replacement cost property insurance policies and the pre-condition...

By Timothy P. Law and Lisa A. Szymanski, Attorneys, Reed Smith LLP This article discusses various doctrines applied by courts to avoid the technical forfeiture of insurance coverage. These doctrines include waiver, estoppel, "mend the hold...

By John S. Vishneski, III and Robert Deegan, Attorneys, Reed Smith LLP The Telephone Consumer Protection Act (the "TCPA"), 47 U.S.C. § 227, et seq . , protects consumers from unwanted calls, faxes, and text messages. This commentary...

By Richard Lewis, Partner, Reed Smith LLP In Duane Reade, Inc. v. St. Paul Fire & Marine Insurance Co. , the United States Court of Appeals for the Second Circuit ended a protracted dispute between an insurance company and a policyholder seeking...

By Timothy P. Law and Jeremy F. Heinnickel, Attorneys, Reed Smith LLP "In Dish Network Corp. v. Arch Specialty Ins. Co. , -- F.3d --, 2011 U.S. App. LEXIS 20955 (10th Cir. Oct. 17, 2011) [ enhanced version available to lexis.com subscribers...