As in prior years, Edwards Angell Palmer & Dodge LLP is live blogging from the PLUS D&O Symposium.  There were several interesting points discussed during the fourth panel discussion, including the following:…
Read More Live Blog: D&O Symposium Wednesday Panel IV – Hindsight is 20/20

As in prior years, Edwards Angell Palmer & Dodge LLP is live blogging from the PLUS D&O Symposium.  There were several interesting points discussed during the second panel discussion. …
Read More Live Blog: D&O Symposium Wednesday Panel II — A Peek Inside The Boardroom

As in prior years, Edwards Angell Palmer & Dodge LLP is live blogging from the PLUS D&O Symposium.  There were several interesting points discussed during the first panel discussion. …
Read More Live Blog: D&O Symposium Wednesday Panel I — Latest Trends In Securities Litigation

On Friday, January 27, 2011, the National Council of Private Insurance (CNSP) published Resolution No. 231/11 postponing the effective date of Resolution No. 224/10 from January 31, 2011 to March 31, 2011.  CNSP had previously published Resolution No. 224/10 in December, which provided that insurance risks in Brazil cannot be ceded to companies abroad that belong to the same financial group. …
Read More Brazil – Effective Date of Resolution No. 224/10 Postponed

Several captive insurance company domiciles in the United States reported growth in 2010.  The Vermont Department of Banking, Insurance, Securities and Health Care Administration reported it licensed 33 new captive insurance companies in 2010, bringing the total of number of Vermont licensed captives to 911.  The new captives included nineteen pure captives, nine special purpose financial captives, four risk retention groups and one industrial insured captive. …
Read More United States’ Jurisdictions Report Captive Insurance Company Growth in 2010

On Monday 31 January, the Ministry of Justice confirmed reports that the implementation of the Bribery Act (the Act), due to take place in April, would be delayed. The delay follows protests and speculation from business leaders alleging that the provisions of the Act could dampen economic growth in the wake of recession, and jeopardise the UK economy further. …
Read More UK: Ministry of Justice Orders Delay to Bribery Act

Earlier this week, Senior United States District Judge Roger Vinson of the United States District Court for the Northern District of Florida declared the Patient Protection and Affordable Care Act (the “Act”) void in a summary judgment decision in the case of State of Florida, by and through Attorney General Pam Bondi, et al. v. United States Department of Health and Human Services, et al. …
Read More Patient Protection and Affordable Care Act Declared Void

The administrator who is running off the business of English (re)insurer GLOBAL General & Reinsurance Company Ltd filed a petition under Chapter 15 of the United States Bankruptcy Code with the federal bankruptcy court in Manhattan yesterday.  The petition asks for the court’s assistance with the last of four Schemes of Arrangement for GLOBAL, which was sanctioned by the High Court of Justice for England & Wales on January 28, 2011. …
Read More GLOBAL General & Reinsurance Company Ltd Seeks US Court Assistance in Aid of Last of Four UK Runoff Schemes