Latosha M. Ellis and Charlotte Leszinske | Hunton Andrews Kurth It is not just your imagination: verdicts are getting bigger. So-called “nuclear verdicts” have increased in size and frequency over the past decade, particularly after the COVID-19 pandemic. Litigation risk insurance is a little known, but highly effective, option meant to compliment traditional insurance products… Continue reading Judgment Proof: Reducing Litigation Exposure with Litigation Risk Insurance
Category: Construction Law
Minnesota Court Denies Substitution Motion: Implications for Litigation Funders
Anaid Reyes-Kipp, Jeremy Heep, Matthew H. Adler, Victoria Alvarez and Savannah Billingham-Hemminger | Troutman Pepper A new decision may cut back on attempts by third-party litigation lenders to control settlements. Earlier this month, the U.S. District Court for the District of Minnesota refused to permit the substitution of a legal investment firm’s affiliate, Carina Ventures… Continue reading Minnesota Court Denies Substitution Motion: Implications for Litigation Funders
Understanding Construction Law
Donald M. Pepe | Scarinci Hollenbeck As property owners, developers, contractors, construction managers, subcontractors, design professionals, engineers, and lenders can attest, the legal issues that can arise in the construction industry are unique and complex. The stakes are also extremely high, which makes it imperative to have a solid understanding of construction law and how it impacts… Continue reading Understanding Construction Law
Key Changes to Ohio Construction Law for Certain Public Entities Beginning October 3, 2023 – Update
Laura Bowman, Mark Evans, Brock Miskimen, Casey Rieth and Leah Thorsen | Bricker Graydon Updated 02.20.2024 I Original Publication 08.20.2023 Effective October 3, 2023, the threshold amount for rejecting bids when they exceed the original construction estimate will increase for certain Ohio public entities. Previously, Ohio Revised Code (ORC)153.12 specified that no public owner, including… Continue reading Key Changes to Ohio Construction Law for Certain Public Entities Beginning October 3, 2023 – Update
Proceed With Caution on Out-of-State Depositions
Esquire Deposition Solutions Many attorneys have long and successful careers without ever having to practice law outside of the jurisdiction where they obtained their license. But for litigators and in-house counsel, the need to be conversant with the rules governing multi-state practice and the process for gaining temporary permission to represent clients before an out-of-state… Continue reading Proceed With Caution on Out-of-State Depositions