On February 23, the Texas Supreme Court unanimously held that an insured suffers a “loss”—and a claimant can sue the insurers directly—when the claimant and the insured settle, and the claimant agrees to look solely to the liability insurance policy for any recovery. But, because the insured doesn’t face liability beyond the insurance proceeds, the insurer isn’t bound by the settlement agreement during the subsequent coverage litigation.
Client Alert | February 27, 2024
Law360 named eight Gibson Dunn partners among its 2022 MVPs.
Firm News | September 6, 2022
Los Angeles partner Heather Richardson, Orange County associate Jennafer Tryck, and Washington, D.C. associate Tessa Gellerson are the authors of "How Courts Are Ruling On The Arbitrability Of ERISA Claims" published by Law360 on February 24, 2022.
Article | February 24, 2022
This year’s Annual ERISA Litigation Update summarizes key legal opinions and developments to assist plan sponsors and administrators navigating the rapidly changing ERISA litigation landscape.
Client Alert | February 22, 2022
Law360 named six Gibson Dunn partners among its 2021 MVPs. The Law360 MVP Awards feature lawyers who have “distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.” The list was published on August 30, 2021.
Firm News | September 8, 2021
With the emergence of COVID-19, 2020 was a year of significant and unprecedented change in daily life and the economy. In particular, 2020 was a busy year for Employee Retirement Income Security Act (“ERISA”) lawsuits—across industries—implicating employers’ retirement and healthcare plans.
Client Alert | February 11, 2021
Los Angeles partners Richard Doren and Michael Holecek are the authors of "Can you sue insurance companies for emotional-distress damages?" [PDF] published by the Daily Journal on April 2, 2020.
Publications | April 8, 2020
The COVID-19 outbreak has caused major disruptions in global economies, including merger and acquisition activity. In response to the pandemic, we are seeing changes to the representation and warranty insurance (“RWI”) market. Specifically, RWI insurers are currently proposing certain exclusions from coverage with respect to COVID-19 risk and are requiring buyers to conduct focused diligence regarding the impact of COVID-19 on the target’s business.
Client Alert | March 27, 2020
The Daily Journal named Los Angeles partners Theodore Boutrous, Richard Doren and Debra Wong Yang and San Francisco partner Daniel Kolkey to its annual list of the Top 100 Lawyers in California.
Firm News | September 18, 2019
Four Gibson Dunn partners were recognized by Who’s Who Legal in their respective fields. In Who’s Who Legal Thought Leaders – Tax 2019, two partners were recognized: London partner Sandy Bhogal and New York partner Eric Sloan.
Firm News | June 18, 2019
Join a panel of seasoned Gibson Dunn partners and an Aon transactional insurance specialist for a presentation regarding the use of transactional insurance products in public and private M&A transactions, with particular focus on the use of representation and warranty insurance when acquiring a company.
Webcasts | May 16, 2019
The Legal 500 EMEA 2019 has recommended Gibson Dunn in 14 categories in Belgium, France, Germany and UAE. The firm was recognized in Competition – EU and Global in Belgium; Administrative and Public Law, Dispute Resolution – Commercial Litigation Industry Focus – IT, Telecoms and the Internet, Insolvency, Insurance, Mergers and Acquisitions, and Tax in France; Antitrust, Compliance, Internal Investigations and Private Equity in Germany; and Corporate and M&A and Investment Funds in UAE.
Firm News | April 19, 2019
Los Angeles partner Richard J. Doren and associate Michael Holecek are the authors of "When Are Insurance Bad Faith Damage Awards Excessive?" published by Law360 on February 28, 2019.
Publications | February 28, 2019
Munich partner Ferdinand Fromholzer is the author of "Gewährleistungsversicherungen beim Unternehmenskauf sind in der Praxis angekommen" [PDF]. This commentary, published in issue 48, dated December 2, 2016, of the German publication Der Betrieb, focuses on the increased acceptance of warranty and indemnity insurances in the practice of M&A transactions.
Article | December 2, 2016
This client alert is supplemental to our client alert dated March 11, 2015. In the March alert, we had advised that the Indian government had increased the ceiling on foreign investment in an Indian insurance company to 49% of its total outstanding share capital.
Client Alert | October 22, 2015
Washington D.C. of counsel Adam Smith is the author of "The Next Frontier in Sanctions Enforcement" [PDF] published in the October - December issue of Risk & Compliance Magazine
Article | October 1, 2015
Denver associate John D.W. Partridge is the co-author of "RICO Suits Challenge Off-Label Drug Marketing" [PDF] published on August 3, 2015 by Law360.
Article | August 3, 2015
The following Gibson Dunn alert, which originally was distributed on March 9, has been updated to reflect recent developments announced by the Indian Government.The Government of India had recently promulgated the Insurance Laws (Amendment) Ordinance, 2014, dated December 26, 2014 ("Ordinance"), which substantially amended the existing Insurance Act, 1938, including in relation to foreign investment in Indian insurance companies.
Client Alert | March 11, 2015
The following Gibson Dunn alert, which originally was distributed on March 9, has been updated to reflect recent developments announced by the Indian Government.The Government of India had recently promulgated the Insurance Laws (Amendment) Ordinance, 2014, dated December 26, 2014 ("Ordinance"), which substantially amended the existing Insurance Act, 1938, including in relation to foreign investment in Indian insurance companies.
Client Alert | March 11, 2015
Washington, D.C. partner John Olson, New York partner Jonathan Dickey, Washington, D.C. partner Amy Goodman and Washington, D.C. of counsel Gillian McPhee are authors of “Current Issues in Director and Officer Indemnification and Insurance” [PDF] published in the July 2013 issue of Insights.
Client Alert | July 31, 2013
On March 19, 2013, the U.S. Supreme Court unanimously held that a putative class representative may not evade federal jurisdiction under the Class Action Fairness Act of 2005 ("CAFA") by attempting to stipulate that the class will not seek to recover more than $5 million. In an opinion authored by Justice Breyer in Standard Fire Insurance Co.
Client Alert | March 20, 2013
On April 20, 2009, the Supreme Court of California narrowed the scope of California's Consumers Legal Remedies Act ("CLRA") by holding in a unanimous opinion that life insurance is not a "good" or "service" subject to the CLRA. Fairbanks v. Superior Court (Farmers New World Life Ins.
Client Alert | April 27, 2009