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- Important Rules Implementing Employment Aspects of Sarbanes-Oxley
- In addition to rules designed to restore investor confidence through increased oversight and transparency, SOX contains provisions designed to enable employees to raise concerns about fraud and accounting issues and to ensure that corporations comply with their codes of ethics. This Alert discusses rules recently issued or proposed by the...
- White papers 2003-06-01
- Financial Institutions and Medical Privacy
- This paper details Privacy Rule and the Security Rule that could have significant implications for financial institutions providing services to health care-related entities. Compliance with the Privacy Rule also may require coordination with a financial institution's financial privacy compliance program under GLBA. Shaw Pittman is particularly well-positioned to advise financial...
- White papers 2002-02-01
- California Supreme Court Issues Ruling With Broad Implications For Property Insurers
- This article discusses issues ruling with broad implications for property insurers. An insurer that denies a claim on the ground that it does not exceed the deductible may be stopped from asserting the statute of limitations as a defense. The decision is potentially significant in a number of respects. The...
- White papers 2001-12-01
- Eighth Circuit Finds Incorporation Of Defective Property Into Food/Beverage Product Constitutes Property Damage Due To "Occurrence"
- This article discusses about a case involving a question of first impression under Iowa law, the Eighth Circuit U.S. Court of Appeals, affirmed a district court decision in which the incorporation of benzene-contaminated carbon dioxide into carbonated beverages constituted "property damage" caused by an "occurrence," thereby triggering coverage under a...
- White papers 2003-10-03
- Virginia Federal Court Rejects Claim For Fear Of Disease In Asbestos Case
- Recently, the U.S. District Court for the Eastern District of Virginia ruled that a plaintiff failed to allege "physical injury" sufficient to state claims arising from exposure to asbestos. In a case of first impression under Virginia law, the Court also ruled that the claimant failed to state a claim...
- White papers 2003-12-01
- California Appellate Court Rules That Property Insurance Policy Does Not Cover Loss Of Computer Data
- A California intermediate appellate court has ruled that a first party property insurance policy does not cover the loss of computer data resulting from a computer system "crash." The appellate court affirmed a trial court's judgment that no coverage exists where a computer data loss is unaccompanied by the destruction...
- White papers 2003-12-01
- Mold-Related Property Damage: Is It Really Covered Under First Party Property Insurance
- Recently, mold has become the center of multi-million dollar litigation. Some blame an overzealous plaintiff's bar, which, in turn, relies upon claimed advances in medical and forensic science. Regardless of the causes of the recent increasing trend in mold and fungus related litigation, it is sure to lead to increase...
- White papers 2001-10-01
- Missouri Federal Court: Manifestation Trigger, Late Notice Bar Coverage For Water Intrusion Damage
- This alert gives details about the case of Hammon Hotel. It discusses about the claims, procedural history, and the court's ruling f the case. It is mentioned in the alert that court found that the hotel owner knew water was leaking into hotels for years before property contracts began. The...
- White papers 2003-09-01
- Oklahoma Is OK Federal Court Rules That Data Is Not Tangible Property
- A federal district court in Oklahoma has ruled that computer data destroyed by a policyholder while servicing a computer is not tangible property within the meaning of the property damage definition in a contract for general liability insurance. The court also held that loss of use of the computer itself...
- White papers 2001-07-01
- New Mexico Court Finds Loss Of Computer Data Insurable
- Recently, the New Mexico Court of Appeals held that the intentional act exclusion and the business risk exclusion do not bar indemnity of a computer repairer's liability to a customer for the loss of the customer's data. Computer Corner, Inc. v. Fireman's Fund Ins. Co., 2002 N.M. App. LEXIS 37...
- White papers 2002-07-01
- Virginia Federal Court Holds That Computer Data Is Not Tangible Property For Insurance Purposes
- The United States District Court for the Eastern District of Virginia recently has ruled that computer data does not constitute "tangible property" under a technology general liability policy in America Online, Inc. v. St. Paul Mercury Insurance Co., No. 01-1636-A, 2002 U.S. Dist. LEXIS 11346 (E.D. Va. June 20, 2002)....
- White papers 2002-07-01
- Oregon District Court: Mold Caused By Water Leaks Is Not An Ensuing Loss
- Ruling in Prudential Prop. & Cas. Ins. Co. v. Lillard-Roberts, CV-01-1362 (D. Or., Feb. 7, 2003), a Federal district court has held that mold resulting from water leaks is not covered as an ensuing loss under a homeowners' insurance contract. Based on a stipulation that the water leaks were caused...
- White papers 2003-04-01
- Texas Appellate Court Addresses Whether First-Party Property Policy Covers Losses From A Hacker Attack
- In a recent decision, a Texas intermediate appellate court ruled that a first party property insurance policy might cover lost computer data and lost business income resulting from a hacker attack. The policyholder was an employment agency that matched prospective employers and employees for a fee. In February 2000, the...
- White papers 2003-07-01
- Hurricane's Path Strewn With Coverage Issues
- Fortunately, the loss of life and property are not as high as some had predicted. Insurers should accordingly expect to see a variety of claims arising out of Isabel, including claims for compensation under Sue and Labor clauses. A party cannot recover simply by attempting to characterize its work as...
- White papers 2003-09-01
- Second Circuit Says: "One, Not Two"
- The United States Court of Appeals for the Second Circuit issued a ruling in the World Trade Center property insurance litigation that was highly favorable to insurers. The Second Circuit rejected both prongs of the policyholders' argument. First, it held that "whether an insurer in the World Trade Center program...
- White papers 2003-10-03
- IRS Issues Formal Guidance To REIT Industry
- The IRS recently issued three pieces of guidance, a revenue ruling and two revenue procedures, in areas requested by the REIT industry. Revenue procedure deals with the situation where a REIT makes a loan secured by an interest in a partnership or disregarded entity owning real estate. The revenue ruling...
- White papers 2003-07-01
- Revenue Recognition and IT Supply Contracts
- A major change has occurred in the way revenue can be recognized by companies in the UK for accounting periods ending on or after 23 December 2003. Due to the complexity of many IT supply contracts, the way in which IT suppliers can recognize revenue under their customer contracts for...
- White papers 2004-02-01
Additional Resources
- Washington telecommunications law firm Fisher, Wayland, Cooper, Leader & Zaragoza is merging with the technology law firm Shaw Pittman, the outfits announced last week.(Brief Article)
- Washington telecommunications law firm Fisher, Wayland, Cooper, Leader & Zaragoza is merging with the technology ... Washington telecommunications law firm Fisher, Wayland, Cooper, Leader & Zaragoza is merging with the technology law firm Shaw Pittman, the outfits announced last week. The merged firm will...
- Research articles 2000-02-21
- Siebel Systems to Participate in Pillsbury Winthrop Shaw Pittman CIO Panel
- SAN MATEO, Calif. -- Siebel Systems, Inc. (NASDAQ:SEBL), a leading provider of customer-facing solutions, today announced that Mark Sunday, Senior Vice President, Information Technology and Chief Information Officer, will be participating in a CIO panel, titled "What is Top of Mind for CIOs Today," hosted by Pillsbury Winthrop Shaw Pittman...
- Research articles 2005-10-04
- Newport International Group Engages Pillsbury Winthrop Shaw Pittman as Corporate Counsel for Spare Backup Inc
- PALM DESERT, Calif. -- Newport International Group (OTCBB:NWPO) announced today that it has engaged the law firm of Pillsbury Winthrop Shaw Pittman LLP as corporate counsel for its Spare Backup Inc. subsidiary, an emerging leader in the online backup market. They have also been retained as additional counsel for Newport...
- Research articles 2005-07-18
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