In the world of consumer products, the month of May was all about infant sleep products.
Continue Reading Recall Roundup: May
Recall Roundup: February
The CPSC recently announced its first civil penalty of 2021. Cybex International, Inc. agreed to pay $7.95 million after the workout equipment manufacturer allegedly failed to immediately report to the CPSC the defects in two of its products.
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Recall Roundup: November
The CPSC recently posted guidance on its website for consumer products related to COVID-19, including personal protective equipment.
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Recall Roundup: October
The CPSC took proactive steps in October to address recent concerns with infant sleep products that pose suffocation hazards and could lead to Sudden Infant Death. This month the agency made a rare proposal for a mandatory consumer product safety standard to address the risks associated with crib mattresses.
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Recall Roundup: May
Should you have to pay to see CPSC’s adopted safety standards? That is the question raised by a lawsuit filed in the Third Circuit this month, which challenges the CPSC’s adoption of mandatory safety standards for consumer products that are not available for free to the public.
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No Mask, No Service – Evolving COVID-19 Orders May Support Insurance Coverage for Retailers’ Losses
Many recent government orders require “nonessential” businesses to close due to COVID-19, resulting in massive financial losses for many retail businesses. The orders also change how “essential” retailers do business. For instance, Miami-Dade County’s mayor issued an executive order requiring people who visit or work at, among other places, grocery stores, restaurants and pharmacies to use face coverings. Los Angeles County issued a similar order. These orders may result in businesses’ turning away noncompliant customers, which will cause further financial harm. Regardless of the jurisdictions where your retail business is located, it is likely that there is a governmental order affecting its operations. Your business is likely sustaining or will sustain substantial losses as a result, and incur additional expenses to comply with evolving requirements and guidelines and in resuming operations as soon as possible.
Continue Reading No Mask, No Service – Evolving COVID-19 Orders May Support Insurance Coverage for Retailers’ Losses
Recall Roundup: January
The new year ushered in a series of warnings from the CPSC about inclined infant sleepers posing suffocation risks and dressers posing tip-over risks to consumers. Both products have been under scrutiny by the CPSC over the past year.
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Recall Roundup: September
With Acting Chairman Ann Marie Buerkle’s earlier announcement that she will leave the CPSC this fall, this month the commissioners elected Commissioner Robert Adler as the new acting chairman. Adler has been affiliated with the CPSC for more than 40 years. He has served as a commissioner since 2009 and previously served as the acting chairman from December 2013 through July 2014.
Continue Reading Recall Roundup: September
Recall Roundup: August
This month serves as a reminder to manufacturers, distributors, retailers and importers that consumer products carry strong liability risks when they pose risks of serious injury or death. Steps should be taken to reduce that liability, including the issuance of alerts and recalls to remove the products from the stream of commerce.
Continue Reading Recall Roundup: August
Let’s Make a Deal: Four D&O Coverage Issues to Consider in M&A Transactions
In a recent article in the ABA Business Law Section publication Business Law Today, Hunton Andrews Kurth insurance attorneys Syed Ahmad and Geoffrey Fehling discuss several important D&O insurance coverage issues that can have far-reaching implications with retailers and other businesses involved in mergers, acquisitions, and other M&A deals.
Continue Reading Let’s Make a Deal: Four D&O Coverage Issues to Consider in M&A Transactions