settlements News

Irish Central Bank: We’ll Act Against Insurers Who Don’t Pay COVID-19 Claims

DUBLIN — Ireland’s central bank governor told insurers to urgently honor and pay valid claims related to COVID-19 disruption, following a successful test case in court last week, or risk facing legal action by the regulator. Ireland’s High Court ruled …

Bayer Settles Thousands More Roundup Suits

Bayer AG settled thousands more U.S. lawsuits over its Roundup weed killer after criticism that the company was failing to uphold an $11 billion deal it announced in June to resolve the massive litigation. The agreements, revealed in a court …

Prominent Plaintiffs’ Firms Sought Government Bailout to Stay Afloat

Several prominent plaintiffs’ law firms, known for striking large settlements with companies like German carmaker Volkswagen AG and Equifax Inc, were approved for loans that totaled tens of millions of dollars in government aid meant to help small businesses stay …

Australia Targets Litigation Funders In Class Action Clampdown

The Australian government is tightening regulatory scrutiny of wealthy litigation funders, clamping down on the industry following a surge in costly class action lawsuits. Treasurer Josh Frydenberg said on Friday that litigation funders will be required to hold an Australian …

Company Found Partly Responsible for Oklahoma Rig Explosion

McALESTER, Okla. — An Oklahoma jury has found a Houston-based company 10% responsible for a January 2018 explosion and fire that killed five men. The Pittsburg County jury on Monday ordered National Oilwell Varco to pay $1 million each to …

Why Big Business Can Count on Courts to Keep its Deadly Secrets

NEWARK, New Jersey — In the dreary archives of a Newark, New Jersey, courthouse, Ronald Motley found a treasure map. It was an evidence log, a detailed inventory of documents and other exhibits that had been used in an injured …

New Laws in Calif., Colo., Mich., Ore. and La. to Impact Claims Professionals

Legislation that creates potential for more employment law claims in California and a measure that may give attorneys a new tool to extract larger settlements from Colorado auto insurers are among new laws that will impact insurance claims professionals in …

Teva’s Budding Blockbuster Drugs Lend Respite From Legal Concerns

Teva Pharmaceutical Industries Ltd. is preparing for a potential reckoning with the U.S. epidemic of opioid addiction. The drugmaker’s shares tumbled after it set aside $646 million to help pay legal expenses related to its alleged role in the abuse …

Author Says Lawyers, not Plaintiffs, the Real Winners in Class-Action Suits

Brooke Melton died on her 29th birthday. Her Chevy randomly shut off in the middle of the highway a little before 8 p.m., and she crashed into a creek in Atlanta. A couple hours later, her parents were notified by …

California Dioceses Create Clergy Abuse Compensation Program

SACRAMENTO, Calif. — Six Roman Catholic dioceses in California are creating a program to compensate people who were sexually abused by priests as children, in return for them promising not to sue. The program announced Tuesday includes the Archdiocese of …