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Lessons from the Stanford Financial D&O Decision

The Fifth Circuit's March 15, 2010 opinion in the Stanford Financial D&O insurance coverage case contains important lessons for every policyholder. In particular, the opinion shows how important it is for directors and officers to review - and demand improvements to - their insurance policy language...

California Appellate Court Upholds Trial Court’s Dismissal of a Coverage Claim for an Alleged Advertising Injury

By Kimberly L. Buffington , Partner, Pillsbury Winthrop Shaw Pittman LLP In Oglio Entertainment Group, Inc. v. Hartford Casualty Insurance Company , 200 Cal. App. 4th 573 (2011), the California Court of Appeal concluded that an entertainment company's insurance policy covering "personal...

SNR Denton on Lennar Corp. v. Transamerica Insurance Co.: Does a Right to Independent Counsel Entitle the Policyholder to Two Lawyers?

By William T. Barker, Partner, SNR Denton Lennar Corp. v. Transamerica Insurance Co. addressed the novel question whether an policyholder entitled to independent counsel could both accept representation by the counsel selected by the insurer and insist on payment of its own selected counsel as co...