IN CASES INVOLVING THE LENDING OF LARGE sums of money, the use of the borrower’s insurance as a security asset is often viewed as the failsafe in the overall security package. In the event of a catastrophe giving rise not only to material damage but also to business interruption, or even the loss of a key member of the borrower’s management, there may be no other significant asset available for recourse by the lender.

FOR OVER 100 YEARS PROPERTY AND liability insurance law has largely been governed by the Marine Insurance Act 1906, a product of careful thought and drafting that codified the previous 200 years of case law.

The Securities and Exchange Commission has adopted final rules on clawbacks of executive compensation required by the Dodd-Frank Act.

With interest rates up significantly since the beginning of 2022 and equity markets having turned negative and volatile with the S&P 500 closing out the first half of 2022...

Government representation at the United Nations General Assembly is critically important to the international rule of law. It determines who will act for member states when exercising...

Herbert Smith Freehills has hired Raeesa Rawal as Of Counsel in its Construction Arbitration practice in London.

A U.S. District Court holds that the report of a forensic consultant, engaged on retainer in advance, in response to a data breach is NOT privileged

In October 1977, representatives of Unilever United States, Inc. (Unilever) expressed an interest in acquiring National Starch and Chemical Corporation (National Starch), later named INDOPCO, Inc...

The FSM Bill was introduced before Parliament on 20 July 2020 and is a product of a number of public consultations on how to reshape the UK's financial services industry...

On 1 July 2022, the amended Arbitration Rules of the International Centre for Settlement of Investment Disputes came into effect.

Arbitration must have the confidence of both parties and must be flexible in order to be an effective tool for negotiating disputes.

Allende & Brea is coordinating the US$240 million deal for Fairfax from Buenos Aires. Dentons is representing the Canadian company on the European portion of the transaction.

In recent weeks, the SEC has continued to provide private fund managers with important guidance regarding the SEC's enforcement and examination priorities.

Welcome back to the Compliance In Context podcast! On today's show, we will be serving up everything you need to know about Regulation S-P and the upcoming compliance...

On May 3, 2016, the Court of Appeal for Ontario released its decision denying leave to appeal from Justice Newbould's allocation of the proceeds of sale of the remains of the Nortel Networks group of companies.

In November 2022, BMO Bank was hit with the largest verdict in Minnesota history. After a four-week trial, federal jurors handed down a $564 million verdict finding the bank's predecessors aided and abetted Ponzi schemer.

The aggressive US enforcement landscape has encouraged an increasing focus on corporate compliance programmes. Companies under US jurisdiction can face significant consequences...

Recently, Ronald Shechtman, Managing Partner of Pryor Cashman, spoke with the New York Law Journal about the advantages and challenges of operating a midsize law firm in a city where everything is supersized

In July, we wrote about New York City's Automated Employment Decision Tool Law (the "AEDT Law" or the "Law"), which requires employers to conduct an independent...

Recently a purported shareholder of certain special purpose acquisition companies (SPACs) initiated derivative lawsuits asserting that the SPACs are investment companies...