In any real estate transaction there is a “due diligence” period. This is the time after a contract is signed when the buyer has the chance to inspect the property. If there are any defects in title, such as an inaccurate description of the property, the buyer has a chance to object. If the buyer […]
Read MoreSeattle-based Perkins Coie, which recently worked on a similar issue in New Mexico, will advise the governor’s office in its escalating gambling dispute with most of the state’s tribal casinos. The agreement covers up to $300,000 in legal fees, and Perkins Coie may charge up to $750 per hour. The current dispute between thirty-five tribes […]
Read MoreGet Ready for Winter Damage: Five Items Your Homeowners’ Insurance Policy Should Cover The long range Oklahoma City-area forecast calls for extreme weather in February 2020. Warm weather back-to-back with cold weather, even if there is little or no precipitation, is very hard on homes and other structures. That’s especially true if the structure is […]
Read MoreOn October 22, 2019, the Oklahoma Supreme Court issued its opinion in Loven v. Church Mutual Insurance Company. This case addressed a claim for “intentional interference with a prospective economic business advantage.” The justices held, for the first time, that such claims require a “showing of bad faith.” Lisa Gaye Loven worked as a general […]
Read MoreAll insurance companies have a “duty of good faith” under Oklahoma law. An insurer faces tort liability if they fail to investigate, negotiate, defend, or settle a claim in bad faith. At the same time, judges will not assume an insurer acted in bad faith absent compelling evidence to the contrary. On September 27, 2019, […]
Read MoreRecently, a jury based in Tarrant County, Texas awarded a fracking company more than $5 million in damages in a bad faith insurance claim. In Compass Well Services, LLC v. Great American Insurance Company of New York, the jury determined that the insurance company engaged in unfair settlement practices when handling an equipment damage claim. […]
Read MoreOn August 28, 2019, a federal judge in Oklahoma ruled a bad faith lawsuit against CSAA General Insurance Company (CSAA) could proceed to a jury trial. The plaintiff in this case, Daniels v. CSAA General Insurance Company, accused the insurer of failing to properly settle her claim for benefits following a December 2017 auto accident. […]
Read MoreOn May 30th, 2019, the Supreme Court of the United States denied certiorari in the case of Comanche Nation of Oklahoma v. Ryan Zinke. The underlying dispute in this lawsuit involves the Department of the Interior’s decision to approve a casino property in Terral, Oklahoma; in fact, a small town in the southern part of […]
Read MoreOn April 5th, 2019, MacKenzie Bezos took to Twitter to announce that she had reached a divorce settlement with her husband Amazon CEO Jeff Bezos. According to reporting from the BBC, the value of the divorce settlement was at least $35 billion. All but certainly making this the most expensive divorce in United States history. […]
Read MoreIn recent weeks, fresh attention is being paid to one of the most important financial issues affecting single parents in the United States: unpaid child support. As noted in a recent report from CBS News, it’s estimated that more than $10 billion in child support is currently going uncollected. The report draws its conclusions from […]
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