Jeff Davies’ Op-Ed Article in Toronto Star
Jeff Davies’ op-ed article entitled “Mayor Rob Ford is Ineffective but its not his Fault” can be read in today’s Toronto Star – see https://www.thestar.com/opinion/commentary/2013/03/04/mayor_rob_ford_is_ineffective_but_its_not_his_fault.html
Rejection of a Claim of Bias against Arbitrators
On February 3, 2012, the U.S. Court of Appeals for the Second Circuit issued its decision in Scandinavian Reinsurance Company Limited v. St. Paul Fire & Marine Insurance Co. The court reversed the lower court’s
US Bankruptcy Judge Approves Lehman Brothers Settlement
A US Bankruptcy Judge has approved a $90 million settlement of a class action lawsuit against Lehman’s former CEO and 13 other executives. The Judge was not persuaded by the objections made by other Lehman officers
Priority Dispute Among Former Directors
An interesting legal dispute is taking shape among different groups of former directors and officers associated with Lehman Brothers Holdings Inc. and its affiliates. Seven former directors – from Structured Asset Securities Corp, Lehman’s mortgage-backed
Davies Howe Hosts ACC Education Program
On May 31, 2011, in association with the Association of Corporate Counsel (ACC), Ontario Chapter, Davies Howe Partners LLP hosted a continuing legal education program entitled “Corporate Responsibilities – Appropriate Uses of Surveillance and Related Privacy
Corporate Reimbursement of the Legal Expenses of Former Directors
In Med-Chem Health Care Ltd. v. Misir (2010), 103 O.R. (3d) 769, the Ontario Court of Appeal agreed with the motion judge’s decision requiring a corporation to provide an indemnity to former directors for legal
US Appeal Court Considers Products Exclusion
In a recent American case – W3i Mobile, LLC v. Westchester Fire Insurance Company, 2011 WL 500213 (C.A.8 (Minn.)) – the US Court of Appeals for the 8th Circuit considered a “Products Exclusion” in a
Growing Number of Companies Increasing Directors and Officers Liability Limits
According to a Towers Watson Survey released last month, many companies have decided to increase the limits of their directors and officers liability insurance policies. According to Towers Watson, the trend towards increasing policy limits
US Appeal Court Considers Insured vs. Insured Exclusion
In a recent American case – Foodtown Inc. v. National Union Fire Insurance Company of Pittsburgh, Nos. 08-3940 and 08-4083, United States Court of Appeals, Third Circuit (January 6, 2011) – the Court considered an
Insured vs Insured Exclusions
Virtually all directors and officers liability insurance policies contain some variation of an “Insured vs. Insured” exclusion clause. Such exclusions typically exclude coverage of any claims brought by present and past directors and officers, as