Insights

NY High Court Rules Business Interruption Coverage Not Triggered by Covid-19 Shutdown

On February 15, 2024, the New York Court of Appeals in Consolidated Restaurant Operations, Inc. v. Westport...

NJ Supreme Court Unanimous in Rejecting Covid-19 Business Interruption Losses Claim

On January 24, 2024, the New Jersey Supreme Court in AC Ocean Walk, LLC v. American Guarantee...

New Jersey Adopts Comprehensive Data Privacy Law Imposing New Obligations on Businesses

On January 16, 2024, New Jersey became the 13th state to adopt a comprehensive data privacy law...

Coverage Dispute Under NJ Direct Action Statute Must Be Arbitrated if Required by the Policy

On July 18, 2022, the New Jersey Supreme Court issued a decision interpreting New Jersey’s Direct Action...

New Jersey State Appeals Court Issues Precedential Opinion Holding That COVID-19 Business Losses Due to Government Orders Are Not Covered by Insurance Policies

On June 20, 2022, the Appellate Division of the New Jersey Superior Court issued a precedential decision...

New Amendments to the New York Comprehensive Insurance Disclosure Act Alleviate Some of the Act’s More Burdensome Requirements

On February 24, 2022, New York Governor Kathy Hochul signed into law an amended version of the...

SEC May Require Advisers and Funds to Draft Cybersecurity Policies and Disclose Incidents

Following the rise of cybercrime and on the coattails of the Federal Trade Commission (FTC), the Office...

New York Insurance Disclosure Act May Cause Significant Changes In New York State Court Lawsuits

On December 31, 2021, New York Governor Kathy Hochul signed into law the Comprehensive Insurance Disclosure Act...

FINRA to Prioritize Cryptocurrency, Options Account Paperwork, and Expungement Reform in 2022

During a January 19, 2021, webinar with the SIFMA Compliance & Legal Society, FINRA president and CEO Robert...