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Carbon Finance World 2007

Event | 09.18.07 - 09.20.07, 12:00 AM UTC - 12:00 AM UTC

The reality of climate change has created a significant financial market. Until recently, few traders or investment managers outside of Europe had heard of, much less considered the emerging opportunity of climate change and carbon finance. However, they likely noticed Goldman Sachs’ $23 million investment in the Climate Exchange (LSE:CE) in September 2006 and they most definitely made note of Morgan Stanley’s $3 billion commitment to the global carbon market in October 2006. Carbon finance experts estimate that the global carbon market is now worth over $27 billion.

Bottom line – financial giants along with Fortune 500 companies, utility & energy companies, fund managers and regulatory bodies are cashing in on the lucrative concept of carbon finance.

Delegates will come from organizations such as exchanges, brokerage firms, investment firms, banks, Fortune 500, energy & utility, government, law firms and consulting firms.

Ann Klee is one of the panelists at this event. The topic is Forcing Change: How Will Climate Litigation Influence The Carbon Market?

For more information, please visit these areas: Environment and Natural Resources

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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