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American College of Commercial Finance Lawyers – UCC Seminar

Event | 09.15.19, 5:00 AM EDT - 8:30 AM EDT

Address

Crowell & Moring
1001 Pennsylvania Ave NW, Washington, D.C., 20004

College member Scott Lessne and Andrew Knight will be participating in this annual seminar sponsored by the College. The topic, "Distributed Ledger Technology and the UCC", will feature a working session and discussion lead by Professors Charles W. "Chuck" Mooney, Jr., University of Pennsylvania Law School, and Carla L. Reyes, Michigan State University College of Law.

For more information, please visit these areas: Corporate and Transactional

Insights

Event | 02.20.25

Has the Buss Stopped? Recoupment Today

Has the Buss Stopped? Recoupment Today: In 1997, the California Supreme Court decided Buss v. Superior Court. In Buss, the court concluded that a liability insurer that defended a mixed action could seek reimbursement from the insured for the defense costs associated with the claims that were not even potentially covered. Since then, numerous courts have held that insurers are entitled to recoup their defense costs associated with uncovered claims or causes of action. On the other hand, a significant number of courts have rejected insurers’ right to recoupment, at least in the absence of a policy provision granting the insurer that right. Some commentators have even suggested that the current judicial trend might be away from permitting insurers to recoup their defense costs. Is that correct? Has the Buss stopped? This panel of coverage experts will analyze insurers’ claimed right to recoupment today, and offer their perspectives on what the law on recoupment should perhaps be and might be in the future.