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Business Insurance: ‘Federal Forum’ Ruling Could Cut Defense Costs, D&O Rates

March 24, 2020

O’Melveny partner Matthew Close was quoted in this Business Insurance article, which investigates how defense costs can be lowered when cases are allowed to proceed in federal court.

“Matthew W. Close, a partner with O’Melveny & Myers LLP in Los Angeles, said he represents multiple clients who have introduced these federal forum provisions in their charters since the Cyan ruling,” the article reported. “We have been looking forward for when the courts reopen so we can move to dismiss,” Close noted.

Read the full article here.