On 18 March 2024 the California appellate court dismissed an appeal by Frantic Inc, professionally known as heavy metal band Metallica, claiming losses under a Cancellation, Abandonment and Non-Appearance Insurance policy because it was subject to a Communicable Disease exclusion excluding
Norton Rose Fulbright
Norton Rose Fulbright is a global law firm. We provide the world’s preeminent corporations and financial institutions with a full business law service. We have more than 4000 lawyers based in more than 50 cities across Europe, the United States, Canada, Latin America, Asia, Australia, Africa and the Middle East.
Latest from Norton Rose Fulbright - Page 2
US jury finds insurer liable for crash by deployed tow truck
In mid-March 2024 a Kentucky state jury found liability of $164 million against an insurance company which had sent out a tow truck on a roadside assistance job which rear-ended a motorist leaving her quadriplegic. In the end of the jury…
MiCAR – ESMA final reports on first set of technical standards and third consultation package
On 25 March 2024, the European Securities and Markets Authority (ESMA) published two final reports on its first set of regulatory technical standards (RTS) and implementing technical standards in relation to the Markets in Crypto-Assets Regulation (MiCAR). ESMA has also…
FCA publishes new webpage on AIFM hosting
On 25 March 2024, the Financial Conduct Authority (FCA) published a new webpage on alternative investment fund manager (AIFM) hosting.
The webpage provides information for AIFMs using the host model to manage alternative investment funds (AIFs), known as AIFM…
Testing the tricky apps for privacy and data protection
Dealing with cert pinning and root detection
The privacy area has been white-hot lately, including litigation and investigations involving VPPA; Wiretap/Pen Register/Trap and Trace; and Opt Out Compliance. Furthermore, with the HHS updates on tracking in the HIPAA context, and…
Published in OJ – Delegated legislation on cross border notifications under AIFMD and UCITS Directive
On 25 March 2024, the following Delegated Regulations were published in the Official Journal of the EU:
- Commission Delegated Regulation (EU) 2024/911 of 15 December 2023 supplementing the UCITS Directive with regard to regulatory technical standards (RTS) specifying the information
…
Economic Duress alone does not vitiate a settlement agreement
This Gauteng judgment Trident South Africa (Pty) Ltd / Bateman Trident (Pty) Ltd v Shainne John Taylore & 2 Others has reaffirmed that economic pressure does not in itself create a basis to escape a settlement agreement on the grounds…
The proof is not in the pleadings – parties may not rely on an Anton Piller order to construct a cause of action
An Anton Piller order allows a prospective litigant to instruct the sheriff of the court to search a property and seize specific documentary evidence when a “real and well-founded apprehension” exists that such evidence will be hidden or destroyed before…
Singapore releases New Guidelines on the Use of Personal Data in AI Systems
On 1 March 2024, Singapore’s Personal Data Protection Commission (PDPC) issued the Advisory Guidelines on the Use of Personal Data in AI Recommendation and Decision Systems (AI Advisory Guidelines). These AI Advisory Guidelines followed a public consultation which concluded in…
Medical expenses paid by medical aid are not deductible from damages
In this February 2024 judgment, the Pretoria High Court rejected the Road Accident Fund’s argument that it is not liable for medical scheme members’ past medical expenses paid by the injured person’s medical scheme following a motor vehicle accident.…