Pa. Justices Reject Consolidation Of Future COVID Cases
2nd Circ. Presses Insurer On Late Jurisdiction Challenge
FDIC Settles $165M Suit Against Defunct La. Bank's Execs
Pa. Justices Reject Consolidation Of Future COVID Cases
The Supreme Court of Pennsylvania on Friday held that an Allegheny County judge — one of few to rule in favor of businesses seeking insurance coverage for losses stemming from the COVID-19 pandemic — cannot consolidate all future pandemic cases against Erie Insurance Exchange in her courtroom, ruling that she exceeded her authority in doing so.
2nd Circ. Presses Insurer On Late Jurisdiction Challenge
A Second Circuit panel needled a captive insurer Friday over why it only brought a jurisdictional challenge after an early loss in a coverage dispute with New York City, even as it considered how courts might be restricted in their ability to punish such behavior.
FDIC Settles $165M Suit Against Defunct La. Bank's Execs
A Louisiana federal judge dismissed a lawsuit in which the Federal Deposit Insurance Corp., acting as the receiver of the defunct First NBC Bank, sought to recover more than $165 million from the bank's leaders and insurers, saying in an order that the parties have settled.
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