FCPA: How it Impacts Doing Business in India
Event | 09.10.09, 12:00 AM UTC - 12:00 AM UTC
The Legal Services Executive Committee of the US India Business Council are presenting this conference call.
The Foreign Corrupt Practices Act ("FCPA") raises critical issues for US companies doing business in India, and Indian companies doing business in the US. It has gained tremendous significance in view of the unprecedented settlements and penalties for violations in recent months. This conference call with leading FCPA practitioners will provide an overview of the Act and it’s reach, discuss the enforcement mechanism and implications on business, provide tips on effective compliance programs, share insights, and discuss recent developments.
Alan Gourley, Thomas Hanusik and Shikhil Suri are featured in this teleconference.
For more information, please visit these areas: Litigation and Trial, International Trade, International Trade — London Practice
Participants
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.
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