settlements News

Judge to Consider Lowering $7M Bond For Alex Murdaugh

COLUMBIA, S.C. (AP)–Prominent South Carolina attorney Alex Murdaugh was scheduled for a virtual hearing Monday as a judge could consider lowering the $7 million bond she set last month. Murdaugh’s attorneys are asking Circuit Judge Alison Renee Lee to reconsider …

Archdiocese of Santa Fe’s Bankruptcy Case Plods Along

SANTA FE, N.M. (AP–The Archdiocese of Santa Fe’s Chapter 11 bankruptcy efforts have plodded along for three years with no end visible in the case involving more than 400 clergy abuse victims. Lawyers say three years is a comparatively long …

Florida District to Pay $26 Million to Shooting Victims

FORT LAUDERDALE, Fla. (AP)–The Broward County, Florida, school district will pay more than $26 million to the families of 17 people killed and some of those injured in the 2018 Valentine’s Day massacre at Marjory Stoneman Douglas High School. Board …

Insurers Tapped to Pay Growing Number of False Claims Act Actions

A growing number of False Claims Act investigations combined with recent court decisions that found insurers liable for the cost of settlements may spell trouble for commercial liability insurers. Policyholder attorney Geoffrey B. Fehling, with Hunton Andrews Kurth in Washington …

Boy Scouts Lawyers Eye New Bankruptcy Reorganization Plan

DOVER, Del. (AP) — Attorneys for the Boy Scouts of America told a Delaware bankruptcy judge Monday that they plan to file a new reorganization plan after gaining little support for a previous proposal that has been roundly criticized by …

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 …