by admin | Jul 24, 2018 | - News & Press Releases, Sharon D. Ravenscroft
The statutes that govern limited liability company (“LLC”) have been updated in total. Chapter 7 of Title 10 now replaces the prior statutes in Chapter 4. Publication when filing Articles of Organization or changing the statutory agent has been changed for some...
by admin | Jul 20, 2018 | - News & Press Releases, Jerry D. Worsham II
Since Congress enacted the Comprehensive Environmental Response, Compensation and Liability Act of 1980 (“CERCLA or Superfund”) 42 U.S.C.A. §§9601 – 9675, the importance of the environmental aspects of due diligence in real estate transactions has...
by admin | Jun 28, 2018 | - News & Press Releases, Steven Plitt
The question of whether attorney’s fees awarded under Minnesota’s insurance unreasonable denial statute could exceed the policy limits of the policy was recently addressed by the Minnesota Supreme Court in Wilbur v. State Farm Mutual Automobile Insurance Co., 892 NW2d...
by admin | Jun 15, 2018 | - News & Press Releases, Steven Plitt
The Wyoming Supreme Court in Century Surety Co. v. Jim Hipner, LLC, 377 P.3d 784 (Wyo. 2016) adopted the notice-prejudice rule. The court also found that any policy exclusion that attempted to displace the notice-prejudice rule was void.
by admin | May 31, 2018 | - News & Press Releases, Steven Plitt
When two or more uninsured motorist policies apply, a question arises as to whether those policies should pro-rate with each other, or one of the policies should be designated as primary, with the other as excess. This issue was addressed by the Kentucky Supreme...
by admin | May 25, 2018 | - News & Press Releases, Steven Plitt
Recently, the Montana Supreme Court, in a split decision, found that the trial court must utilize an objective standard in considering the value of the claim and the insured’s loss of coverage when it determines the reasonableness of a stipulated settlement entered...
