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LEGAL NEWSLINE

Saturday, November 2, 2024

W.J. Kennedy News


Insurance officials, business defense urge delay in vote of liability insurance Restatement

By W.J. Kennedy |
PHILADELPHIA (Legal Newsline) - Business attorneys, state insurance regulators and state lawmakers are so troubled over an impending final vote on a proposed Restatement of law covering liability insurance that they are urging American Law Institute (ALI) officials to delay it, and consider making significant changes to the document.

Business lawyers: Expect spillover from actions against asbestos trusts, plaintiffs lawyers

By W.J. Kennedy |
WASHINGTON (Legal Newsline) - Business defense lawyers say that the fallout from recent government and private actions against asbestos bankruptcy trusts and plaintiffs lawyers specializing in asbestos exposure cases could extend well beyond the actions themselves.

Legal experts battle over proposal to clarify law covering liability insurance for ALI

By W.J. Kennedy |
PHILADELPHIA (Legal Newsline) - A draft legal document that could have a profound impact on American law involving liability insurance has some critics and the document’s authors in near total disagreement over whole sections of the draft, and even its overall objective.

Proposed Restatement of consumer contract law could give trial bar new weapon

By W.J. Kennedy |
PHILADELPHIA (Legal Newsline) -  American Law Institute (ALI) is cooking up new common law rules covering consumer contracts that would give courts an unprecedented range of reasons to invalidate or rewrite contract terms.

ILR study focuses on double-dipping in Virginia asbestos cases

By W.J. Kennedy |
NEWPORT NEWS, Va. (Legal Newsline) - Legislation bringing greater transparency to an asbestos victims’ compensation system that can result in attorneys and their clients collecting multiple times for the same alleged injury is the best way to prevent duplicitous exposure claims from being made, concludes a review of court cases in Virginia's asbestos litigation “epicenter.”

Lawyers blaming earthquakes on fracking drop case rather than pursue in fed court

By W.J. Kennedy |
OKLAHOMA CITY (Legal Newsline) - Two Oklahoma women and their attorneys have dropped a class action lawsuit in federal court that blames the recent spate of earthquakes in the state on oil and gas exploration, but they will re-file their claims against the fracking industry next year in a different court.

Lawyers at odds over Restatement of Law covering liability insurance

By W.J. Kennedy |
PHILADELPHIA (Legal Newsline) - Insurance and business defense attorneys are sparring with the drafters of a powerful legal document that will influence the outcome of insurance liability cases.

With class members unaware of settlement, firm, founder and charities cash in

By W.J. Kennedy |
WEST PALM BEACH, Fla. (Legal Newsline) - Early this year, Howard Bernstein helped direct $1.7 million to 11 charities near his home in Lake Worth, FL -- among them, the Kravis Center for the Performing Arts in West Palm Beach.

Are 'Restatements' from prominent group reshaping law?

By W.J. Kennedy |
WASHINGTON (Legal Newsline) - A series of memos that energized a core opposition of more than 100 lawyers won the day at a packed Ritz-Carlton ballroom.

'Gamesmanship' has both class action and corporate attorneys waiting on punishment

By W.J. Kennedy |
LITTLE ROCK, Ark. (Legal Newsline) - A federal judge in Arkansas intends to sanction attorneys on both sides of a class action case who he says wasted his court’s time -- an unusual but emerging trend in the law, a University of Miami law professor says.

Still no movement on disclosure of third party litigation financing

By W.J. Kennedy |
PALM BEACH, Fla. (Legal Newsline) - A U.S. Court rules committee again put off any action on whether to require disclosure of third-party litigation financing (TPLF), a rapidly expanding practice that has alarmed many in the legal system and the business community.

Sierra Club's legal theory in frackquake case draws 'Star Trek' comparison

By W.J. Kennedy |
The Sierra Club and Public Justice are taking a novel approach in citing the Resource Conservation and Recovering Act in a lawsuit against the oil and gas industry in Oklahoma, according to several industry and environmental attorneys

Frackquake lawsuits present PR dilemma for industry, evidence hurdle for plaintiffs

By W.J. Kennedy |
The negative publicity surrounding lawsuits alleging the oil and gas industry are responsible for earthquakes in Oklahoma is likely to cause more damage than the outcome of any of the suits - despite the plaintiffs' challenge of finding evidence tying fracking to the surge in activity.

Fla. court affirms AG's power to dismiss whistleblower lawsuits

By W.J. Kennedy |
TALLAHASSEE, Fla. (Legal Newsline) - A Florida appeals court last week reaffirmed the state attorney general's authority to dismiss a whistleblower action under the state’s False Claims Act, even in cases in which the state chooses not to intervene in the action.