Westlaw Journals weekly round-up

October 29, 2014

Westlaw Journals Weekly RoundupSome highlights from the past week’s litigation news headlines over at the Westlaw Journals blog include a ruling that New York can regulate American Indian tribes’ Internet lending, for now; the Texas Supreme Court directs another look at $3 million Ford settlement; P.F. Chang’s CGL insurer disputes coverage for data-breach; and British corporate lawyers speak on Delaware corporate law from their side of the Atlantic:

Texas high court orders another appeals court look at $3 million Ford settlement: In its third ruling on the case, the Texas Supreme Court has ordered a state appellate court to again consider whether Ford Motor Co. was fraudulently induced into settling a rollover case for $3 million. The state high court granted the motion for rehearing filed by plaintiffs Ezequiel Castillo and Maria De Los Angeles Castillo and withdrew its June 20 ruling, which simply reinstated the jury verdict. This time, on Oct. 3, the justices ordered the 13th District Court of Appeals to take another look at the sufficiency of the evidence of fraudulent inducement. (Automotive)

2nd Circuit says New York can regulate tribes’ Internet lending, for now: American Indian tribal lenders that offer high-interest loans over the Internet are not entitled to a preliminary injunction preventing New York authorities from regulating their out-of-state lending businesses, the 2nd U.S. Circuit Court of Appeals has ruled. The three-judge panel said Oct. 1 that the plaintiffs — two Native American tribes in Oklahoma and Michigan, their lending companies, and tribal regulatory agencies — did not offer sufficient proof that their loans fell outside New York’s regulatory scope. (Bank & Lender Liability)

P.F. Chang’s insurance doesn’t cover privacy lawsuits, insurer says: The restaurant chain’s commercial general liability policies do not cover privacy lawsuits filed against the company this summer after it admitted to a data breach, its insurer has argued in a federal declaratory judgment action. P.F. Chang’s faces at least three putative class actions alleging hackers stole customers’ credit and debit card information from about 30 of the restaurant’s locations nationwide. Travelers Indemnity Company of Connecticut filed suit in the U.S. District Court for the District of Connecticut on Oct. 2, seeking a declaratory judgment that it owes no duty to defend or indemnify P.F. Chang’s against the data-breach lawsuits. (Computer & Internet)

Professor presents view of Delaware corporate law from across the Atlantic: British corporate law specialists watch Delaware to monitor key trends in American corporate governance — even though the state has not usually been an innovator, a University of Cambridge law professor recently told a gathering of lawyers and judges in Wilmington. Professor Brian R. Cheffins, guest speaker for the 30th Annual Francis G. Pileggi Distinguished Lecture in Law at the Hotel du Pont on Oct. 17, said Delaware does not have a reputation for pioneering corporate governance trends, but its renowned business courts often have the last word on them. (Delaware Corporate)