LexisNexis® Legal Newsroom
    Express Scripts Says Stockholder Suit Lacks Fraud Proof

    Express Scripts Inc. has urged a New York federal court to toss a putative class action alleging it misrepresented its relationship with Anthem Inc., which investors claim caused shares to fall when Anthem accused Express of stonewalling a drug-pricing deal, arguing its optimism about negotiations doesn’t equal securities fraud.

    ALPS Served A Stranger In Bruce Lee Movie Suit, Co. Says

    A Beijing-based film production company suing an entertainment lawyer over a soured deal for the rights to a Bruce Lee biopic fought back in Virginia federal court on Friday against a bid for default judgment by the lawyer’s insurer, saying BigLaw’s ALPS served the wrong person.

    Window Maker Not Covered In Defect Suit, 7th Circ. Told

    A pair of insurers on Thursday urged the Seventh Circuit to affirm a district court's decision that they don't have to cover window maker Kolbe & Kolbe's costs to defend against a homeowner class action over defective windows, asserting that the lower court had properly applied a recent Wisconsin Supreme Court precedent.

    Aetna-Humana Divestiture Plan Falls Short, DOJ Expert Says

    A health care expert hired by the U.S. Department of Justice criticized Aetna Inc.’s plan to sell off part of its private Medicare business to remedy anticompetitive concerns about its planned $37 billion merger with Humana Inc., testifying in D.C. federal court Friday that the company buying the assets lacks the experience and resources to be a viable competitor.

    Ore. Justices Uphold Contractor's Defect Suit Coverage Win

    The Oregon Supreme Court on Thursday affirmed that general contractor West Hills Development Co. is entitled to defense coverage under a subcontractor's insurance policy for a lawsuit over defects at a townhome development, holding that the underlying claims could be reasonably interpreted as falling within the policy's scope.

    Insurer Off Hook For Now In $5.2M Surgery Malpractice Suit

    An Illinois federal judge on Friday tossed claims trying to hold insurer American Physicians Assurance Corporation liable for a surgical center’s $5.2 million medical malpractice suit, saying the center hasn’t pled specific facts to make its case.

    Alstom Says Brazilian Insurer Is Defying Court, Arbitrators

    Energy giant Alstom on Friday asked a New York judge to order a Brazilian insurer to immediately withdraw its Brazilian lawsuit seeking $24 million in claims, which Alstom says is in defiance of an arbitration award, or face daily monetary sanctions.

    The Horrible Conflict Between Biology And Women Attorneys

    Women leave law firms for many of the same reasons men do, but also face challenges including headwinds with respect to assignment delegation and social outings, as well as potential disruptions if they choose to have children. Firms can increase investment in talent management and improve retention and engagement of women attorneys, says Anusia Gillespie of Banava Consulting.

    Axis Gets Win In University Construction Coverage Suit

    A New York federal judge ruled Thursday that Axis Insurance Co. need not cover an architecture firm for problems and delays that plagued a $40 million University of Pittsburgh construction project, ending a saga in which Axis had been the last potential coverage provider standing.

    AIG Yanks 'Forum Shopping' Tax Shelter Suit Into Fed Court

    AIG International Inc. blasted a pair of customers Thursday for continuing to pursue state court claims alleging they were induced into an illegal tax shelter, and millions in liability, with the insurance company removing their lawsuit to Illinois federal court and decrying “forum shopping.”

    Tribe Blasts Blue Cross Hidden Email Claim In ERISA Suit

    The Little River Band of Ottawa Indians told a Michigan federal court Thursday that it has already produced all the relevant emails requested by Blue Cross Blue Shield of Michigan in the tribe's suit alleging the insurer disregarded the Employee Retirement Income Security Act while administering an employee health benefit plan.

    Real Estate Rumors: Thor Equities, JBL, Ares Management

    Thor Equities is said to have bought a California medical office building leased to Kaiser Permanente for $67 million, JBL Asset Manager has reportedly bought a Florida site that includes retail and a car rental site for $23 million and Ares Management is said to have sold a New York rental portfolio for $133 million.

    5 Tips To Maximize Your Medical Malpractice Insurance

    Medical malpractice claims can impose a massive burden on hospitals and solo medical practitioners, with potential exposure for defense costs and judgments often rising into the millions of dollars. In some cases, having a strong malpractice insurance policy may be the difference between ongoing viability and financial ruin. Here, Law360 explores steps health care providers should take to secure the most effective coverage.

    The Two Very Different Types Of Cosmetic Talc Claims

    Despite the high-profile nature of cosmetic talc litigation, there is confusion about the nature of the underlying cases. Cosmetic talc litigation is currently settling into two distinct paths of cosmetic talc causing ovarian cancer and cosmetic talc causing mesothelioma, says Stephen Hoke of Hoke LLC.

    Anthem Loses Bid To Call Back Expert In $54B Merger Trial

    A D.C. federal judge on Thursday rejected Anthem Inc.’s bid to recall its key expert witness in an ongoing antitrust trial over its $54 billion proposed merger with Cigna Corp., finding the economist had plenty of time to address arguments from his counterpart retained by the U.S. Department of Justice.

    Greenberg Traurig Reaches Deal In $540M Knock-Off Suit

    A Florida federal judge released Greenberg Traurig LLP and several other parties Thursday from a $540 million suit after they settled claims they conspired to knock off an insurer's product, allegations one defense counsel said his clients' small settlement proved were baseless.

    Patriot Nat'l Investors Seek TRO On $107M In Stock Deals

    Shareholders of insurance industry service provider Patriot National Inc. asked Delaware's Chancery Court on Wednesday to issue a temporary restraining order against a dividend and stock repurchase program supported by a CEO accused of managing company finances for his own entrenchment.

    Tech Data Sues Insurers For Coverage Of SEC Investigation

    Technology distributor Tech Data Corp. hit two insurance companies with a lawsuit in Illinois federal court Thursday, accusing the pair of failing to reimburse the company for millions of dollars spent responding to a U.S. Securities and Exchange Commission investigation.

    Farmers Beats 2nd Appeal Of Cert. Denial Over Premiums

    A California appeals court issued a second rejection Wednesday to Farmers New World Life Insurance Co. customers seeking class certification in litigation alleging the company unlawfully charged inadequate premiums and underfunded policies, saying plaintiffs did little more than reargue their previous certification bid.

    Anthem CEO Escapes Depo In Data Breach Row

    A California federal judge on Thursday refused to allow consumers suing Anthem over its massive 2015 data breach to grill the insurer’s chief executive officer about his response to a prebreach warning that its systems were vulnerable to cyberattacks, ruling that the “last-second” request sought information that other sources have already provided.

    Insurance Spat In Atty’s ‘Tragic’ Affair Nixed By 1st Circ.

    The First Circuit on Wednesday ruled that a divorce attorney’s homeowner’s insurance company didn’t have to pay $500,000 to settle allegations that he’d had a romantic relationship with his client, who later committed suicide.

    Deals Rumor Mill: Aon, Spotify, AirAsia

    Insurance broker Aon hopes to net more than $5 billion in a sale of Hewitt Associates, Spotify has abandoned efforts to acquire SoundCloud because of concerns over how a deal could complicate its planned initial public offering, and AirAsia has received plenty of interest for its roughly $1 billion aircraft leasing business.

    2nd Circ. Asks NY High Court To Weigh Reinsurer Liability Cap

    The Second Circuit asked New York’s highest court Thursday to weigh in on a dispute regarding whether Global Reinsurance must cover Century Indemnity’s costs to defend Caterpillar in asbestos litigation beyond the reinsurer’s total liability limits, requesting guidance on whether a high court decision clarifies the issue.

    Lawyer EQ: Finding Success In Every Interaction

    American legal education relies almost exclusively on analytical thinking. But success in legal practice depends in large part upon an accurate emotional understanding of oneself and the human seated opposite us. Honing emotional intelligence skills can lead to greater success, and Judith Gordon of LeaderEsQ offers a few tools that can be implemented immediately to raise one’s emotional intelligence quotient.

    After 12 Years, Court Says InTrust Fraud Suit Came Too Late

    An Illinois state appellate court blocked a now-defunct investment company from collecting on a multi-million financial crimes insurance policy after two of its directors were convicted of stealing more than $80 million, finding that after years of litigation the suit should never have been filed.