Mar
26
Federal Judge Dismisses Case Against FDIC Arising From Loan Made By Failed Bank
March 26, 2012 | Leave a Comment
RENO, Nev. – A federal judge in Nevada on Feb. 2 granted the Federal Deposit Insurance Corp. and individual defendants’ motion to dismiss a suit arising from a loan plaintiffs took out with failed bank First National Bank of Nevada (FNB) (Parker’s Model T, et al. v. Federal Deposit Insurance Corp., et al., No. 10-00791, [...]
Mar
11
New York Federal Judge Denies Class Certification In FMLA Suit Against Verizon
March 11, 2012 | Leave a Comment
NEW YORK – A proposed class of Verizon Communications Inc. employees in a complaint alleging violations of the Family Medical Leave Act (FMLA) does not meet the commonality and typicality requirements for class certification, a New York federal judge held Feb. 1, citing the recent landmark U.S. Supreme Court case Wal-Mart Stores, Inc. v. Dukes [...]
Jan
29
$ 9.35B Judgment Against Al Qaeda In Favor Of Insurers Certified As Final
January 29, 2012 | Leave a Comment
NEW YORK – A New York federal judge on Jan. 25 entered a final judgment of $ 9,351,247,965.99 against Al Qaeda and in favor of 23 insurers after adopting a magistrate judge’s finding that the insurers are entitled to treble damages under the Anti-Terrorism Act (ATA) for any claims that they reasonably paid to insureds [...]
Dec
13
9th Circuit Affirms Judgment Against Claimants In CARDS Case
December 13, 2011 | Leave a Comment
SAN FRANCISCO – The parol evidence rule applied to exclude evidence of alleged misrepresentations made by a bank prior to the execution of a credit agreement in a case brought by purchasers of a financial product known as Custom Adjustable Rate Debt Structure (CARDS) against the bank and a financial services company, the Ninth Circuit [...]
Jul
29
California High Court: Taxpayers May Bring Class Claims Against Local Government
July 29, 2011 | Leave a Comment
SAN FRANCISCO – Taxpayers may bring class action claims against a local government under Government Code 910, a unanimous California Supreme Court ruled July 25, reversing a Court of Appeal judgment (Estuardo Ardon v. City of Los Angeles, No. S174507, Calif. Sup.; 2011 Cal. LEXIS 7681). LexisNexis® Mealey’s™ Daily Legal News
May
30
ST. LOUIS – The Eighth Circuit U.S. Court of Appeals on May 16 in a divided opinion granted a stay of a district court’s order granting a preliminary injunction enjoining the National Football League and the 32 member NFL teams from continuing a lockout that was instituted the day after nine professional football players and [...]
May
21
Judge Finds No Coverage For Professional Negligence Claims Against Accounting Firm
May 21, 2011 | Leave a Comment
ORLANDO, Fla. – Partners of an accounting firm had knowledge that the firm’s principal’s acts or omissions in connection with a client’s representation might reasonably be expected to be the basis of an underlying professional negligence claim, a Florida federal judge held May 16, granting the insurer’s motion for summary judgment (Cuthill & Eddy LLC, [...]