LexisNexis® Legal Newsroom
GEICO Files $1.8 Million Lawsuit Challenging Thousands Of No-fault Claims

WOODBURY, N.Y. - In a $1.8 million lawsuit filed on June 11, GEICO has challenged an alleged no-fault scheme involving the submission of thousands of suspect no-fault claims to the company ( Government Employees Insurance Company, et al. v. Michael D. Green, M.D., et al. , No. CV10-2671, E.D. N.Y.)....

New Litigation Filed In Delaware Against Berkshire Hathaway, Warren Buffett, et al.

Kirby v. Sokol, et al., Del. Ch. No. 6392, is the caption of a lawsuit filed earlier this week in the Delaware Court of Chancery which arises out of the recent resignation of the heir apparent to the Oracle of Omaha, Warren Buffett, based on widely-reported allegations in the mainstream press and elsewhere...

Thoughts On Shareholders' Derivative Claim Against Berkshire Hathaway

Berkshire Hathaway Chairman Warren Buffett was not exaggerating when he stated at the opening of the company's March 30, 2011 press release ( here ) that the release "will be unusual." Not only did Buffett disclose the resignation of David Sokol as Chairman and CEO of several subsidiaries...