Ethan D. Lenz, Partner in Foley’s Insurance Industry Team, was quoted in Financial Week on August 11, 2008. The article, “Wave of Subprime Suits Could Boost Cost of D&O,” discusses the impact that class-action lawsuits relating to the credit crisis are having on companies that procure insurance for their board directors and corporate officers. Currently, only banks and financial companies, those who have been hit the hardest by the subprime crisis, are seeing a big rate increases for D&O premiums. Mr. Lenz adds that eventually, the impact will be felt across the board.
People
Related News
27 August 2024
In the News
Samuel Goldstick Assesses Data Privacy Challenges for Automakers
Foley & Lardner LLP partner Samuel Goldstick underscored how disclosure can help automakers reduce legal risk in the Automotive Dive article, "Automakers face growing data privacy challenges, experts say."
26 August 2024
In the News
Judith Waltz Quoted on Inflation Reduction Act, Pharma Impact
Foley & Lardner LLP partner Judith Waltz is quoted in the PharmaVoice article, "Pharmas’ IRA court losses mount. They keep pursuing them."
20 August 2024
In the News
Kevin Hyde Featured in Q&A on Jacksonville Legal Market – 'The outlook is good'
Foley & Lardner LLP partner Kevin Hyde is featured in a Capital Analytics Associates Q&A on the major achievements of Foley's Jacksonville office, key trends in the legal market, and the firm's commitment to its talent and client service.