International Trade, the Financial Crisis and the Role of the G20 – Do We Need Another Bretton Woods?
Event | 06.05.09, 12:00 AM UTC - 12:00 AM UTC
This program, presented by International Trade and Investment Committee of the CBA’s National Section on International Law, and the International Law Section of the Ontario Bar Association in cooperation with the ABA Section of International Law will be held by videoconference in Washington DC and Toronto Ontario. Others are welcome to join by conference call. This is a Brown Bag Lunch program (no charge).
In this informal and interactive session, the Honorable Pierre Pettigrew, former Minister of Foreign Affairs and Minister of International Trade in the Chrétien and Martin Cabinets, will discuss his views on the current economic crisis and whether it raises the need for a restructuring of current international institutions. In particular, Mr. Pettigrew will focus on the role of the G-20 and the Bretton Woods institutions and advance options for change that might better serve the modern globalized economy. Mr. Pettigrew's presentation will be followed by an interactive discussion in which all are welcome to participate.
Crowell & Moring is one of the hosts of this program.
For more information, please visit these areas: International Trade
Insights
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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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