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Seventh Circuit Affirms Judgment Preventing Part Of Plaintiff’s $25 Million Recovery On Assigned Claims

Under a settlement agreement, the owners and operators of a large yacht agreed to pay an individual who fell and was paralyzed $25 million, payable solely through an assignment of their claims against their insurers.  The insurer for Defendant A filed a declaratory judgment action seeking a determination that it did not owe a duty under the pertinent policies to defend or indemnify...

New York City Targeting Safety Violations And Corruption In the Construction Industry

New York City is targeting corruption and fraud in the construction industry.  On Wednesday, the Manhattan District Attorney’s Office, the New York City Department of Investigation (“DOI”), the Port Authority of New York and New Jersey Office of the Inspector General, the Metropolitan Transportation Authority Office of the Inspector General, and the Business Integrity...

Supreme Court Asked To Clear Up Maritime Contracting Circuit Split

An ocean carrier and its on-land rail subcontractor have asked the U.S. Supreme Court to resolve the uncertainty in maritime contracting created by an apparent conflict between the Seventh Circuit and a recent Second Circuit decision that arise from the interpretation of the U.S. Supreme Court’s case of Kawasaki Kisen Kaisha, Ltd. v. Regal-Beloit, 561 U.S. 89 (2010), a case that...

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