Recent victims of flooding in Louisiana need to be aware of some of the basic facts of flood insurance: Homeowner’s insurance does not typically cover flood damage. Flood damage is compensated from flood policies issued under the National Flood Insurance Program. The NFIP covers up to $250,000 for the structure of the home and $100,000 […]
In 48 hours, the Baton Rouge area took in about 2 feet of rain. Watson, Louisiana saw more rainfall in a couple of days than Los Angeles has in four years. 40,000 homes have suffered flood damage. Those efforts led Livingston Parish Sheriff Jason Add to remark, “
After losing its effort to have the entire United States Fifth Circuit Court of Appeals undo the legal agreement it made, BP lost no time in declaring it would ask the United States Supreme Court to do so. On top of that, by early Thursday afternoon, BP had formally asked that the United States Fifth Circuit […]
If you believed BP, you would think that Patrick Juneau, the court-appointed claims administrator, is passing out BP’s money to undeserving claimants willy-nilly. But the facts, as history has shown in this litigation, do not support BPs spin. The claims administrator just released his monthly report. Table 4 tells the tale of the tape. Table […]
BP won a significant victory yesterday in its ongoing litigation arising from the tragic April 20, 2010 explosion of the DeepWater Horizon and resulting oil spill that affected the Gulf of Mexico. While it has attempted to wrap up its liability for the Spill through a variety of different settlements, a lingering liability for BP […]
An important decision regarding the interplay between state insurance laws and ERISA is expected to be handed down soon by the United States Fifth Circuit Court of Appeals in Aetna Life Ins. Co. v. Methodist Hospitals of Dallas, et al (“Aetna”). Argument was heard on December 1, 2015 so a decision could be issued soon. […]
As discussed last week, lost in the hub-bub about Volkswagen’s deception in fooling regulators about the emissions of its “clean” diesel engines is the very real economic damages of used car dealers who purchased VWs for resale. Those small businesses are now left holding the bag because of VW’s deception. The same is true for […]
Lost in the hub-bub about Volkswagen’s deception in fooling regulators about the emissions of its “clean” diesel engines is the very real economic damages of a certain group of small businesses. In addition to consumers, used car dealers are left holding the bag because of Volkswagen’s deception. That is because those small business owners made […]
The Louisiana Supreme Court recently gave victims of legal malpractice in Louisiana important new rights. The Court’s decision in Lomont v. Bennett, 2014-2483 (La. 6/30/15), — So. 3d — will likely make it easier for victims of legal malpractice to obtain redress. Before reviewing the Lomontdecision, however, it is worthwhile to consider what “legal malpractice” […]
From automobile purchases to terms of services on the internet, contracts play a significant role in our daily lives. One problem with the proliferation of contracts is that individuals rarely examine the contracts cautiously before agreeing to the terms. Even when vigilant individuals attempt to inspect and understand these contracts, they are nevertheless perplexed by […]