Archive for May 2023
Ford Wins Reversal of $105M Trade Secrets Verdict
A federal judge in Detroit on Monday threw out a jury verdict ordering Ford Motor Co. to pay Versata Software Inc $104.6 million for breaching a 2004 licensing contract and misappropriating trade secrets. U.S. District Judge Matthew Leitman said that … Source: Claims Journal
Read MoreGwyneth Paltrow Denied Attorneys’ Fees in Ski Crash Lawsuit
SALT LAKE CITY (AP) — Gwyneth Paltrow will not recoup the attorneys’ fees she paid to successfully defend herself against a lawsuit from a 76-year-old retired optometrist who claimed she was at fault for crashing into him at a posh … Source: Claims Journal
Read MoreAttacks on Delivery Drivers Add Fears Among Gig Workers
NEW YORK (AP) — A homeowner fired shots at a couple’s car when they mistakenly turned onto his property while making an Instacart delivery. A Florida man was charged with killing and dismembering an Uber Eats delivery driver who brought … Source: Claims Journal
Read MoreTornadoes in Virginia and Florida, Flooding in Other States
VIRGINIA BEACH, Va (AP) – Officials in Virginia, Maine, and Florida are assessing damage Monday from major storms over the weekend, including some that caused power outages and wrecked homes. The City of Virginia Beach declared a state of emergency … Source: Claims Journal
Read MoreRising Mississippi River Tests Iowa, Illinois Flood Barriers
DAVENPORT, Iowa (AP) — The rising Mississippi River tested flood defenses in southeast Iowa and northwest Illinois as it neared forecast crests in the area Monday, driven by a spring surge of water from melting snow. The peak water levels … Source: Claims Journal
Read MoreOperator in Limousine Crash that Killed 20 Goes on Trial in New York
SCHOHARIE, N.Y. (AP) — Nearly five years after a stretch limousine packed with birthday revelers careened down a hill and off a road in rural upstate New York, killing 20 people, the operator of the company that rented out the … Source: Claims Journal
Read MoreWSJ: Hedge Funds Investing in COVID Business-Interruption Claims
Multiple hedge funds are making long shot bets on COVID-19 business-interruption claims, despite a long string of losses in state and federal courts, according to a report by Wall Street Journal. The newspaper, citing anonymous sources, reported Thursday that Avenue … Source: Claims Journal
Read MoreViewpoint: Closing the Gap on Insurance to Value
In April 2022, a fire broke out in a Walmart distribution center in Plainfield, Indiana. The fire burned for more than three days, all of the approximately 1,000 employees got out safely and the facility remains closed. Occasionally we’ll see … Source: Claims Journal
Read MoreCalifornia Landslide Halts Rail Service, Homes Evacuated
SAN CLEMENTE, Calif. (AP) — A landslide in Southern California has closed a historic cultural center, shut down rail service in the area and forced the evacuation of nearby residences, officials said. The slope below the ocean-view terrace at Casa … Source: Claims Journal
Read MoreNYC Partly Shutters Four Parking Garages After Deadly Collapse
NEW YORK (AP) – After the deadly collapse of a parking structure in lower Manhattan, New York City building officials swept through dozens of parking garages and ordered four of them to immediately shutter because of structural defects that “deteriorated … Source: Claims Journal
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