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Article 2022-06-27
Looking beyond cyber policies when faced with cyber risks
Cyber policies provide front-line action to aim to control the crisis and regain access. This can include the appointment of forensic IT experts, expert ransom negotiators, public relations experts and lawyers. Even though the actual cyber-attack may be successfully resolved, here we explore how a cyber-attack could potentially have impacts on D&O policies.
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Article 2022-06-20
The challenges for insurers in tackling climate change
Insurers must continue to support climate change research and forecasting, as well as commit to sharing it for the common good. Extinction Rebellion’s protests outside Lloyd’s headquarters in April 2022 made headline news, highlighting the real demands that the insurance industry is facing to tackle climate change.
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Article 2022-05-10
Professions and Financial Lines Brief: latest decisions May 2022
In this briefing, we consider the latest court decisions raising issues for the Quincecare duty, contribution claims against counsel, non-disclosure of material facts, COVID-19 business interruption losses and aggregation of claims.
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Report 2022-05-06
Climate disclosures: a global risk driver in financial lines
With mandatory climate disclosures becoming law in the UK, effective from 6 April 2022, and the United States Securities & Exchange Commission announcing its long awaited climate disclosure rule on 21 March 2022, this report provides a snapshot of the approach towards climate disclosures in some of the jurisdictions in which Kennedys operates, before focusing on what this means for our policyholder and insurer clients in the financial lines arena.
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Article 2022-04-21
Intelligence: what does the future hold for ESG chief officers?
With the growing importance of environmental, social and governance issues, companies are starting to recruit people to senior executive positions to oversee their strategies. Pamela Kokoszka investigates if the role of chief ESG officer is here to stay, or – if like the role of chief digital officers recruited in the 2010s – will be absorbed elsewhere once ESG becomes more embedded within their employers.
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News 2022-04-18
The Legal 500 EMEA 2022 legal directory results
Kennedys receives top tier rankings in the latest guide to leading law firms and lawyers across the region.
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Article 2022-03-31
Short-seller reports in SPAC litigation: credible evidence or fabricated self-interest?
The use of Special Purpose Acquisition Companies (SPACs) has exploded in recent years. SPACs are an increasingly popular way for private companies to become publicly traded without undergoing a traditional initial public offering.
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Article 2022-03-29
Another California court broadly interprets “arising from” in a contractual liability exclusion
The broad-form contractual liability exclusion is a key exclusion in private company directors and officers liability policies. On January 28, 2022, in TriPacific Capital Advisors, LLC v. Federal Insurance Company, the United States District Court for the Central District of California addressed the broad-form contractual liability exclusion. The court held that the exclusion applied to bar coverage for an entire lawsuit, notwithstanding the fact that the plaintiff alleged breaches of fiduciary duty. The decision has significant implications for D&O insurers and policyholders.
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Article 2022-03-24
SEC issues proposed regulations on climate-related disclosures and D&O implications
Across Europe and the United States there has been a growing focus on Environmental Social and Governance (“ESG”) regulations for corporations.
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News 2022-03-07
Kennedys attracts leading litigator to open Delaware office
We are delighted to announce the opening of our new office in Delaware, continuing our expansion in the US.