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Article 08-04-2020
Are the global financial markets ready to embrace Mark Carney and his Private Finance Agenda for COP26?
In January, Boris Johnson appointed Mark Carney as his Finance Adviser for the purposes of COP26 to “help build a sustainable financial system to support the transition to a net zero economy”.
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News 08-04-2020
Meet the Claims Handling Team
Taunton-based partner Vittorio Cinque is responsible for managing our claims handling team and, in order to find out more about what the team does and how they can help clients, we had a quick catch-up while he has been working remotely.
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Case review 07-04-2020
Morrisons in the Supreme Court: data breach implications for D&Os
On 1 April 2020, the Supreme Court held that Morrisons was not vicariously liable for an extensive data breach intentionally caused by a disgruntled employee.
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Article 03-04-2020
COVID-19 Insurance Update: 3 April 2020
Welcome to the first of our fortnightly updates aimed at supporting you in your understanding of the impacts of the COVID-19 pandemic on the insurance market.
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Article 02-04-2020
The COVID-19 storm is here: are Side-A D&O insurers prepared?
COVID-19 has spread to every corner of the globe. The storm clouds are no longer on the horizon – we are in the storm. Investors are struggling to understand the implications of disrupted supply chains, containment measures, and roiled financial markets. The increased uncertainty has led to market volatility not seen since the global financial crisis. Moreover, the measures that governments are taking to fight the virus, including social distancing, has stalled economies and will likely usher in a recession.
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Article 02-04-2020
UK regulators’ response to COVID-19: update
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Article 26-03-2020
COVID-19 and your duties as a director
The government has announced unprecedented measures to assist certain businesses through the inevitable difficulties they will face as a consequence of measures being adopted to slow the rate of infection amongst the population of COVID-19.
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Article 20-03-2020
Delaware Supreme Court holds federal forum provisions valid and enforceable
On March 20, 2018, the U.S. Supreme Court in Cyan, Inc. v. Beaver County Employment Retirement Fund (“Cyan”) held that class actions under the Securities Act of 1933 (the “1933 Act”) may be brought in state court, and are not removable to federal court. What this means is that plaintiffs can and have been bringing class actions under Section 11 of the 1933 Act in both state and federal court. This has resulted in procedural headaches and an increase in defense costs that have frustrated both policyholders and D&O insurers alike.
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Article 17-02-2020
Financial lines carriers face big challenges in insuring cannabis business
The legalisation of cannabis in certain parts of the world presents both big challenges and big opportunities for insurers.
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Article 27-01-2020
D&O Insurance Law: 2019 Year in Review