News & Events

David will be leading the discussion of “Bad Faith Hot Beds: Gulf States” in a pre-conference work shop, which will focus on the recent developments in bad faith law in the Gulf States, including Louisiana, Texas, Mississippi and Alabama, and practitioners will give an analysis of what claims lie ahead, where the law is headed and what insurance companies can expect in the near future.

David will also present during the conference on pre-trial strategies in the panel, “Innovative Pre-Trial Strategies for Defending against Bad Faith Claims: Procedural Considerations, Attorneys Fees, Pleading Standards, Motion Practice, Settlement and Beyond”. David is a frequent speaker on bad faith litigation issues.

King, Krebs & Jurgens Member Lindsay Larson was mentioned in the Reuters article "Officer says was stricken by fear before post-Katrina shooting," covering the the Danziger Bridge trial. Larson is the court appointed defense attorney for New Orleans police officer Robert Faulcon, who was testifying in the trial of five officers accused in the 2005 shooting. Larson is a former federal prosecutor and assistant district attorney, where he was chief of the homicide and screening divisions. He is also the recipient of the Camille Gravel Pro Bono Award, which he earned for his representation of a death row inmate.

Prior to the enactment of the changes to the federal estate tax laws made late in 2010, classic estate tax planning, even for couples of relatively modest wealth, was the so-called “A/B Trust” model. Under this approach, the amount that could be passed tax free on the death of the predeceasing spouse (“exempt amount” which ranged from $1,000,000 to $3,500,000, depending on the year of death) was allocated to a trust (“exempt trust”) which provided for discretionary distributions of income and principal to the surviving spouse and children. nder the new estate tax law, the use of the two trust approach may no longer be necessary to maximize estate tax efficiency. This is due to a new “portability” option where any unused exempt amount of the predeceasing spouse can be “transferred” to the surviving spouse.