Topic
Demutualization
6 published works
Other
The $100 Million Question is Answered With Extrinsic Evidence, Not Contra Proferentem
Ruling Recap: Gold v. Rowland, SC 19585 Last October, we reported on the issues at stake in Gold v. Rowland, the class action that claims that Connecticut state employees were…
Business and Commercial
The $100 Million Question: How to Interpret a Contract?
Argument Recap: Gold v. Rowland, SC 19585 The Supreme Court heard oral argument for a second time in the 15-year old lawsuit by a class of Connecticut state employees claiming…
InsureReinsure
Ninth Circuit Overturns Taxpayer-Friendly Decision in Demutualizations
By Christopher Flanagan, Troutman Pepper Locke
On December 9, in Dorrance v. The United States, the Ninth Circuit overturned a favorable district court decision for taxpayers in demutualizations. The Ninth Circuit ruled that a taxpayer owning…
Insurance
Draft P&C Demutualization Regulations Released
In 2010, Economical Mutual Insurance Company became the first property and casualty (P&C) company to announce an intention to pursue demutualization. Demutualization is the process through which a mutual company…
Securities Law Prof Blog
Koldertsova on Middle East and North African Stock Exchanges
Alissa Koldertsova has posted Privatisation and Demutualisation of MENA Stock Exchanges on SSRN with the following abstract:The interest in restructuring the ownership and legal form of Arab exchanges has grown in…
Corporate & Securities Law Blog
Second Circuit Reverses Order Disqualifying Defense Counsel In Suit Over Demutualization Of Insurance Company
In Murray v. Metropolitan Life Ins. Co., No. 09-3716-CV, 2009 WL 3080462 (2d Cir. Sept. 29, 2009), the United States Court of Appeals for the Second Circuit reversed an order…