In this case, the ceding company, VIP Universal Medical Insurance Group Ltd. (“VIP”), brought an action in Florida federal court against its reinsurer, BF&M Life Insurance Company Ltd. (“BF&M”), and International Reinsurance...more
In sum, the case involves five consolidated class actions brought in Florida federal court against banks by bank customers in 2008 and 2009 alleging that they were unlawfully charged overdraft fees....more
On July 21, 2016, we reported on a putative class action filed in a California U.S. district court by Shasta Linen Company against Applied Underwriters, Inc. and its affiliated entities, alleging that the “EquityComp”...more
Plaintiff RAD Manufacturing, LLC (“RAD”), a Delaware corporation with its principal place of business in Pennsylvania, and its insurer and reinsurer (as subrogees) brought an action in federal court in Pennsylvania against...more
This case was previously reported by us on our blog on January 5, 2016, June 28, 2016 and July 20, 2016. For the full procedural background, we refer to the recent November 3, 2016 and November 16, 2016 decisions. In sum,...more
This case involved an underlying arbitration before an arbitration panel operating under the Financial Industry Regulatory Authority (“FINRA”) rules, which was brought by Judith and Kenneth Goldman against their financial...more
9/21/2016
/ Appeals ,
Arbitration ,
Arbitration Awards ,
Citigroup ,
Federal Arbitration Act ,
Federal Question Jurisdiction ,
Financial Adviser ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Markets ,
Investment Management ,
Margin Calls ,
Merrill Lynch ,
Motion to Dismiss ,
Motion to Vacate ,
Retirement ,
Securities ,
Subject Matter Jurisdiction
This case involves a putative class action filed in federal court in New York in 2015 by Spencer Meyer against Travis Kalanick, the founder of Uber Technologies, Inc., alleging that Kalanick “orchestrated and participated in...more
8/30/2016
/ Algorithms ,
Antitrust Conspiracies ,
Class Action ,
Contract Terms ,
Internet ,
Mandatory Arbitration Clauses ,
Mobile Apps ,
Motion for Reconsideration ,
Motion to Dismiss ,
Putative Class Actions ,
Sharing Economy ,
Terms of Service ,
Uber
In this case, Jeffrey Hedrick brought an action in Kansas federal court on behalf of himself and others similarly situated under the Fair Labor Standards Act (“FLSA”) against BNC National Bank, Hedrick’s employer. The bank...more