Law Advice

A man’s current wife has no right to join a post-judgment case brought by her husband’s former wife to protect property that is subject of the current wife’s own divorce proceeding, a New York judge has ruled, thwarting the current wife’s attempt to — as the judge put it — “race to the courthouse.” View [...]

Sydney Morning Herald EU Says Hungary's Central Bank Law Holds Key to Aid TalksBusinessWeek5 (Bloomberg) — Hungary's international aid talks won't resume until the government proves that a new law doesn't infringe on the independence of its central bank, the European Union said. The EU and the International Monetary Fund broke off …Hungary Bank Law [...]

Sydney Morning Herald EU Says Hungary's Central Bank Law Holds Key to Aid TalksBloombergHungary's international aid talks won't resume until the government proves that a new law doesn't infringe on the independence of its central bank, the European Union said. The EU and the International Monetary Fund broke off negotiations on the aid …Hungary Bank [...]

On Thursday a New Jersey appellate court upheld a jury verdict that Citigroup won three years ago on Citi’s counterclaims that Parmalat defrauded the bank. The decision is a big blow for Quinn Emanuel in its ongoing pursuit of damages against Parmalat’s former bankers and advisors. View full post on Law.com – Newswire

WEST PALM BEACH, Fla. – Policyholders were entitled to recover their attorney fees against the Florida Insurance Guaranty Association (FIGA) because FIGA denied their covered claim “by affirmative action,” the Fourth District Florida Court of Appeal ruled Oct. 12 (Alon Rahabi and Sharleen Wertheimer v. Florida Insurance Guaranty Association Inc., No. 4D10-846, Fla. App., 4th [...]

HOUSTON – An ERISA-governed disability insurer that denied benefits to a claimant with anxiety and post-traumatic stress disorder acted reasonably, a Texas federal judge ruled Oct. 4. The judge found that the claimant failed to produce objective medical evidence to support her disability (Veronica Brown v. Metropolitan Life Insurance Co., et al., No. 11-840, S.D. [...]

USA Today Threat of legal action holds up A&M move | Philadelphia Inquirer | 2011-09-08Philadelphia Inquirer"We were notified [Tuesday] afternoon that at least one Big Twelve institution had withdrawn its previous consent and was considering legal action," Florida president Bernie Machen, chairman of the SEC, said on Wednesday. "The SEC has stated that to …Legal [...]

A company’s valuations of its goodwill and loss reserves are opinions that are not subject to a strict liability standard under securities laws, the 2nd Circuit has expressly ruled for the first time in a purported class action of investors in preferred securities issued by Regions Financial. View full post on Law.com – Newswire

NEW YORK – The Second Circuit U.S. Court of Appeals on Aug. 18 affirmed summary judgment in favor of health insurance companies in an antitrust case brought by the City of New York challenging a merger of the insurers, finding that the city’s relevant market definition failed because it was defined by the city’s preferences [...]

Wall Street Journal We Are Ohio Holds to Union Law Repeal, Cites 'Political Tricks'ABC6OnYourSide.comCOLUMBUS — The following is a news release issued by We Are Ohio, the coalition mounting the November repeal effort, after calling for a full repeal of Ohio's new union law Thursday before meeting with Ohio Gov. John Kasich and other political [...]