As a follow up to our post on the Council Draft text of this section, we now present the test from the Proposed Final Draft of Section § 24 – The Insurer’s Duty to Make Reasonable Settlement Decisions.
This post is a presentation of information found in the Proposed Final Draft of the Sentencing project. This will be presented at ALI’s Annual Meeting this May.
The following is excerpted from the Comments of the Proposed Final Draft (PFD). The Black Letter found below is the full black letter from the PFD.
At this year’s Annual Meeting, Chapter 5 (Investor-State Arbitration) of the International Commercial Arbitration project will be presented in Tentative Draft No. 5.
Reporter Omri Ben-Shahar discusses the scope of the project and the asymmetry in information, sophistication, and stakes between the parties to these contracts that the Restatement must consider.
The ALI Adviser regularly shares content of ALI drafts. Due to the length of the Section, full black letter and the first paragraph of each comment section are included below.