Michael Aylward recently authored an article for the FDCC Insights, called “The American Law Institute’s New Law of Liability Insurance Restatement. ” An excerpt and link to the full pdf follows below.
"On May 23, 2017, the members of the American Law Institute ("ALI") assembled in the basement of the Ritz-Carlton Hotel in Washington, D.C. for what was forecast as the final debate and vote on the Restatement of Law, Liability Insurance ("RLLI"). This Restatement, which would have followed in the wake of storied works of scholarship such as the Restatements of Con- tracts, Torts and Conflicts of Law, has been in the works since 2010 and had already been the subject of discussion at several earlier ALI Annual Meetings. At the last minute, however, the ALI deferred a final vote until May 2018. What happened," "and what does this debate portend for the future of the RLLI?"
FDCC Insights is a journal for defense and corporate counsel, published by the Federation of Defense and Corporate Counsel.