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    The Law Firms Of The 2017 MVPs

    Law360's MVP award goes to attorneys who have distinguished themselves from their peers in litigation, deals and other complex matters. Find the MVPs at your firm here.

    Law360 MVP Awards Go To Top Attorneys From 78 Firms

    The elite slate of attorneys chosen as Law360’s 2017 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.

    Former Mass. State Lawmaker Indicted On Corruption Charges

    A former leader of the Massachusetts Senate denied any wrongdoing on Friday after prosecutors unsealed a 113-count federal indictment charging him with peddling public policy and using his private firm and a shell company to take in about $1 million in bribes, kickbacks and free coffee.

    Travelers Can't Ditch Defense Coverage Suit Over PCB Claims

    Travelers Indemnity Co. can’t shut down a potentially billion-dollar coverage dispute with Magnetek Inc. just because the plaintiff failed to add another company as a defendant, an Illinois federal court ruled Thursday, meaning the insurer will have to win on the merits to avoid being drawn into an underlying suit by Monsanto Co.

    Pharma Group Sues Calif. Over Drug Pricing Law

    Trade group Pharmaceutical Research and Manufacturers of America on Friday sued California to block a newly approved drug pricing law, calling it a vast overreach that amounts to a “nationwide ban” on price increases.

    Jury Rejects SEC's Delta Petroleum Insider Trading Case

    Delta Petroleum founder Roger Parker beat an insider trading suit brought by the U.S. Securities and Exchange Commission this week when a Colorado federal jury found at a retrial that the agency hadn't proved all the elements of its case.

    Prudential Denied Quick Win In Beneficiaries' ERISA Suit

    A Pennsylvania federal judge issued a mixed ruling in a suit accusing Prudential Insurance Co. of violating the Employee Retirement Income Security Act, granting the beneficiaries a win on their breach of fiduciary duty claim, but throwing out state law claims and leaving the alleged ERISA violation up to a jury.

    LSM Eyes Luxembourg To Avoid Brexit Upheaval

    Liberty Specialty Market on Friday revealed plans to move its insurance company to Luxembourg to avoid regulatory disruption when Britain leaves the European Union in March 2019.

    40 Years Of FCPA: The Untold Story Of The Resource Guide

    Much has been written about the 2012 "Resource Guide to the U.S. Foreign Corrupt Practices Act," but no one has talked about the behind-the-scenes work that produced the guide — until now, say Charles Duross, former chief of the FCPA Unit at the U.S. Department of Justice, and Kara Novaco Brockmeyer, former chief of the FCPA Unit at the U.S. Securities and Exchange Commission.

    Insurer Sues For $11.7M After NY Country Club Fire

    The insurer of a New York country club that caught fire in 2014 is seeking $11.7 million from the companies that it claims caused the fire, according to a suit filed Thursday in New York state court.

    Taxation With Representation: Shearman, Sullivan, Wachtell

    In this week’s Taxation With Representation, CVS bought Aetna for $69 billion, UnitedHealth Group Inc. subsidiary Optum acquired Davita for $4.9 billion, Prysmian snapped up General Cable for $3 billion, and Hartford sold its life insurance business for $2.05 billion.

    Lloyd's of London Demands Clarity On Brexit Trade Deal

    Lloyd’s of London called for "urgent" certainty about post-Brexit business relations on Friday as Britain and the European Union moved towards a critical new phase of trade negotiations.

    Insurers' Stress Tests Show Gaps In Risk Planning, PRA Says

    The U.K. general insurance sector needs to improve the way that firms report and monitor their exposure to risk, in addition to being more thorough in planning for major losses, the Prudential Regulation Authority has said.

    The 5 Biggest Insurance Decisions Of 2017

    Washington state's highest court surprised the insurance industry this year when it ruled that a pollution exclusion doesn't negate liability coverage if negligence is the primary cause of a loss, while other courts clarified the standards for holding insurance carriers liable for bad faith and how insurers can preserve their rights to assert coverage defenses. Here, Law360 recaps five insurance decisions that made waves in 2017.

    PRA Updates Fee Rules For Insurers, Investment Firms

    Britain’s Prudential Regulation Authority on Friday finalized changes to the the way it sets regulatory fees and levies for British investment firms and insurers under rules that comes into force later this month, and which are intended to more accurately reflect the risk that firms present.

    UK Firms Not Ready For MiFID II Compliance, Report Warns

    Nearly half of U.K. financial institutions say they are unaware of their compliance obligations, with less than 30 days to go before a massive new rulebook for trading laws affecting firms across the globe becomes law,  a report released late Thursday reveals.

    EU, UK Open Door To Trade Talks With Brexit Breakthrough

    The European Commission said Friday that enough progress has been made on planning the U.K.'s withdrawal from the bloc to initiate a second phase of talks on a future trade agreement, offering British banks and businesses hope they can avoid a legal void after the March 2019 Brexit deadline.

    Contractor Sues For $21M Over Bio Warfare Facility Work

    An electrical contractor sued a slew of construction and insurance companies in Maryland federal court Wednesday, demanding $21 million for the contractor's extra work on a biological warfare research facility and alleging the project was mismanaged and inefficient even before a fire destroyed half the building.

    Fujitsu Agrees To $14M Deal Over Excessive Investment Fees

    Fujitsu has agreed to pay $14 million to end a nearly $150 million proposed class action alleging it paid more in fees to invest the retirement funds of nearly 23,000 current and former workers than it needed to, the workers told a California federal judge on Wednesday.

    Firm Tells 9th Circ. It Can Tap Multiple Limits For Fraud Suits

    A Southern California law firm argued to the Ninth Circuit on Thursday that a Liberty Mutual unit should treat seven real estate fraud suits against the firm and its attorneys as separate claims rather than as one, as a lower court decided, saying the suits involve wildly varied allegations.

    NJ Sandy Coverage Row Still Sunk By Lack Of Expert Affidavit

    A New Jersey state appeals court on Thursday refused to revive a lawsuit against an insurance broker from a medical practice and nutritional health business over Superstorm Sandy-related coverage, saying a trial court rightfully tossed the action over the company’s failure to submit an expert affidavit.

    40 Years Of FCPA: A Journey From Conviction To Dismissal

    The twist in the Lindsey Manufacturing Foreign Corrupt Practices Act case was the truncated time in which we prepared. Having refused to waive their rights to a speedy trial, our clients took control of the case — this, along with the compressed time frame, forced the government to make errors, say Janet Levine, Sima Namiri-Kalantari and Megan Weisgerber of Crowell & Moring LLP.

    UK Jury Finds Claims Management Firm Guilty In Data Trial

    An English crown court jury has found four individuals and a claims management firm guilty on a total of 15 criminal charges linked to breaches of data protection laws, in a case brought by the Information Commissioner’s Office as part of a wider investigation into how firms use the services of private investigators.

    7 Questions For Ropes & Gray’s Jane Rogers

    Since Jane Rogers moved from the Boston office of Ropes & Gray LLP to help set up the firm’s official London presence in 2010, she has seen the European high-yield market expand in maturity and become much more active. Now co-head of the firm’s global finance practice, she frequently travels across Asia, the U.S. and the U.K. and so knows the importance of cross-border collaboration.

    BCBS Units Must Produce Additional Docs In Antitrust MDL

    An Alabama federal judge has ordered two Georgia-based Blue Cross Blue Shield units operated by Anthem to produce missing data in multidistrict litigation alleging the health care provider fixed insurance prices, telling the provider that if it does not submit the documents, it must explain why under oath.