Articles by Lawrence Hurley

Supreme Court Denies Greenberg Bid to Halt New York AG’s Reinsurance Case

The U.S. Supreme Court on Monday rejected former American International Group CEO Maurice “Hank” Greenberg’s bid to escape civil fraud charges in New York accusing him of orchestrating sham transactions at the insurer, even as his trial continues. The justices …

Supreme Court Upholds Katrina Fraud Verdict Against State Farm

The Supreme Court on Tuesday handed a victory to two whistleblower sisters by upholding a jury verdict that found State Farm defrauded the U.S. government when the insurance company assessed damage caused by Hurricane Katrina along the Gulf of Mexico …

Supreme Court Rejects Stanford’s Appeal of Ponzi Scheme Conviction

The U.S. Supreme Court on Monday rejected Texas financier Robert Allen Stanford’s bid to overturn his conviction and 110-year prison sentence for running what prosecutors called a $7.2 billion Ponzi scheme that bilked investors in 113 countries. The justices left …

Supreme Court Justices Question State Farm Appeal of Katrina Jury Verdict

The Supreme Court appeared unlikely to throw out a jury verdict against State Farm that found the insurance company defrauded the U.S. government when it assessed damage caused by Hurricane Katrina along the Gulf of Mexico coast in 2005. The …

Supreme Court Considers Fair Housing Suits by Cities Against Banks

The U.S. Supreme Court on Tuesday indicated it could allow Miami to pursue lawsuits accusing major banks of predatory mortgage lending to black and Hispanic home buyers resulting in loan defaults that drove down city tax revenues and property values. …

Supreme Court Justices Question State Farm Appeal of Katrina Jury Verdict

The Supreme Court on Tuesday appeared unlikely to throw out a jury verdict against State Farm that found the insurance company defrauded the U.S. government when it assessed damage caused by Hurricane Katrina along the Gulf of Mexico coast in …

Supreme Court Weighs Garment Design Copyright in Cheerleader Outfit Case

On a day when millions of people dress up in costumes, the eight justices of the U.S. Supreme Court spent part of their Halloween discussing cheerleader outfits in a closely watched case involving what copyright protections apply to garments. During …

U.S. Supreme Court to Weigh Miami Predatory Lending Lawsuit

The U.S. Supreme Court on Tuesday agreed to decide whether Miami can pursue lawsuits accusing major banks of predatory mortgage lending to black and Hispanic homebuyers resulting in loan defaults that drove down city tax revenues and property values. The …

Supreme Court Dismisses South Africans’ Apartheid Claims Against IBM, Ford

The U.S. Supreme Court on Monday rejected an appeal by a group of black South Africans seeking to revive human rights litigation aiming to hold Ford Motor Co. and IBM Corp. liable for allegedly conducting business that helped perpetuate racial …

U.S. Supreme Court Upholds Illinois Decision on $10.1B Tobacco Judgement

The U.S. Supreme Court has left in place the top Illinois court’s ruling throwing out a huge $10.1 billion verdict against Philip Morris USA, rejecting an appeal focusing on accusations that a judge in the case was biased in favor …