Petitioners (“Stolt-Nielsen”) entered into a contract with respondent AnimalFeeds International Corporation that contained an arbitration clause. After a dispute arose between the parties, AnimalFeeds sought arbitration on behalf of itself and a class of customers who had purchased services from Stolt-Nielsen.
Read More U.S. Supreme Court Rules on Class Arbitration, Addresses Manifest Disregard of the Law
Industry Developments
FINRA Issues Due Diligence Reminder
By Troutman Pepper Locke on
On April 20, 2010, the Financial Industry Regulatory Authority (FINRA) issued Regulatory Notice 10-22 reminding broker-dealers of their obligation to conduct reasonable due diligence investigations of issuers in PIPEs and other private placements. …
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Last Call: Join More than 40 Reinsurance Professionals at ReMedi’s Mediation Conference in NYC on May 12
More than 40 mediators, attorneys and company representatives have registered for Re/Insurance Mediation Institute’s (ReMedi) Inaugural Mediation Conference. You can earn 4.5 hours of CLE for $100 if you join them for ReMedi’s Spring Conference, Insurance and Reinsurance Mediation in the 21st Century, on Wednesday, May 12 at Edwards Angell Palmer & Dodge’s New York office.
Join the U.S. Re Under 40s for a Networking Happy Hour in Philadelphia on April 29
By Troutman Pepper Locke on
The U.S. Re Under 40s are hosting a happy hour on Thursday, April 29, 2010 in Center City.
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Read More Join the U.S. Re Under 40s for a Networking Happy Hour in Philadelphia on April 29
Eyjafjallajökull Volcano’s Flight Disruption Leads to Uncovered Losses and New Types of Coverage for Airlines
As the Eyjafjallajökull volcano continues to erupt and the dust cloud over much of Europe continues to hang in the air, approximately 16,000 flights each day are being canceled without any certainty as to when normal flight schedules can resume.
Join the U.S. Re Under 40s for a Networking Happy Hour in Philadelphia on April 29
By Troutman Pepper Locke on
The U.S. Re Under 40s are hosting a happy hour on Thursday, April 29, 2010 in Center City.
…
Read More Join the U.S. Re Under 40s for a Networking Happy Hour in Philadelphia on April 29
Jury Awards $141 Million Against Pfizer in Connection With Off-Label Use of Neurontin
By Troutman Pepper Locke on
A federal jury in Boston recently returned a verdict against Pfizer Inc. in connection with claims that Pfizer unlawfully promoted off-label uses of its anti-epilepsy drug Neurontin. The plaintiffs, a group of hospitals and HMOs, claimed that Pfizer had fooled them into believing that Neurontin was effective in the treatment of bipolar disorder, neuropathic pain and other conditions.
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Read More Jury Awards $141 Million Against Pfizer in Connection With Off-Label Use of Neurontin
Utah Appoints Acting Insurance Commissioner
By Troutman Pepper Locke on
Posted in Industry Developments, United States
Neal T. Gooch has been appointed Acting Commissioner of the Utah Insurance Department (“UID”). Mr. Gooch replaces former Commissioner D. Kent Michie, who has retired after holding the position for five years. Mr. Gooch has served as Deputy Commissioner of the UID since 1997. …
Read More Utah Appoints Acting Insurance Commissioner
EAPD at NAIC and IAIR Spring 2010 Meetings
By Troutman Pepper Locke on
EAPD will be attending the National Association of Insurance Commissioners (NAIC) Spring 2010 National Meeting and the International Association of Insurance Receivers Spring 2010 Meeting in Denver, Colorado from Thursday, March 25 to Sunday, March 28.
Webinar – Intellectual Property Issues for the Insurance Industry: An International Perspective
By Troutman Pepper Locke on
The Intellectual Property Group of Edwards Angell Palmer & Dodge is holding a 60 minute complimentary webinar entitled “Intellectual Property Issues for the Insurance Industry: An International Prospective” on Tuesday, March 30, 2010 at 12:00 p.m. EST.