May 2013 – Chaffetz Lindsey Partner Charlie Scibetta recently moderated a panel at ACI’s renowned forum on Controlling Litigation Costs in Chicago on April 30 – May 1. The forum was focused on helping in-house counsel to derive more value from their law firm relationships, and specifically, to contain costs associated with resolving commercial disputes. Charlie moderated a panel comprised of in-house counsel from the financial services and reinsurance sectors and a partner from a major international law firm on the ways in which in-house and external counsel can build relationships that succeed in meeting a company’s legal needs and their business objectives.
February 2013 – We have been closely following and discussing with several clients the New York Court of Appeals decision in USF&G v. American Reinsurance Co. While the Court narrowed a summary judgment upholding a ceding company’s allocation of a complex asbestos settlement, its ruling affirming the cedent’s summary judgment in part confirms and arguably raises the high bar that reinsurers face when challenging their cedents’ allocations.
For further analysis of the decision, please see our case alert here.