Ommid C. Farashahi will be speaking at a panel discussion at the 13th Annual D&O Insurance ExecuSummit in Uncasville, Connecticut on May 16th and 17th, 2017.   The ExecuSummit is an educational event specifically designed for Directors and Officers Liability Insurance professional.  The summit provides a unique opportunity to obtain information needed in this rapidly changing...

BatesCarey LLP successfully defended an insurer when an Illinois appellate court ruled in favor of the insurer in interpreting exhaustion provisions in excess D&O policies.  The court held that an underlying insurer’s “pledge” of its remaining policy limit did not constitute proper exhaustion, where the excess policies required exhaustion “solely as a result of...

The U.S. District Court for the Northern District of Illinois has ruled in favor of a BatesCarey LLP client in a coverage dispute, holding that a mold exclusion in a general liability coverage part of a package policy unambiguously excluded coverage for bodily injuries allegedly sustained by tenants who leased an apartment from the insured. The coverage action arose from a dispute...

BatesCarey LLP is pleased to announce that eleven of its attorneys have been selected for inclusion in the 2017 Illinois Super Lawyers and Illinois Rising Stars lists. Super Lawyers, a Thomson Reuters business, is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The annual...