Grant Esposito and Jessica Kaufman of Morrison & Foerster explore why vague contractual terms are routinely used, explain how they have been inconsistently interpreted by the courts, and offer some ...
The Second Circuit’s recent decision affirming a $54.2 million recovery for CITGO signals the judiciary’s renewed commitment to a bedrock principle of insurance law: Ambiguous policy language must be ...
In a dispute over definitions in a trademark licensing agreement, the US Court of Appeals for the Second Circuit has affirmed a district court’s denial of summary judgment, determining that the ...
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