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20 Feb 8:30 am by Phil
... Transamerica had asked that a patent held by Pennsylvania-based Lincoln National Life Insurance Co. be declared invalid. The patent involves a computerized method for administering a variable annuity benefit plan. It was issued in August 2006. The jury found the ... Reserve Life Assurance Co., to pay 0.11 percent of $11.9 billion. The amount was based on assets in the companies' variable annuity products during the infringement period. I found the damage methodology of interest, as I was an expert ...
Philip Brooks' Patent Infringement Updates - http://infringement.blogs.com/philip_brooks_patent_infr/
14 Sep 8:46 am
... the South and southern agriculture interests should benefit well from the combination at the top of the committee. Whatever the agriculture industry, the message seems to be the same: Senator Lincoln is a friend of agriculture. Those outside the industry are ... for Responsive Politics. As readers of this blog know, Tyson Foods is one of the twelve poultry production companies currently involved in a lawsuit brought by the State of Oklahoma claiming the poultry operations polluted the Illinois River ...
The United States Agricultural & Food Law and Policy Blog - http://www.agandfoodlaw.com/
7 Jul, 2008 3:22 pm by admin
... Court decisions dating to 1993, consistently have said companies that offer health, life and retirement benefits under ERISA cannot be sued for large amounts of money, ... said Colleen Medill, an expert on ERISA at the University of Nebraska-Lincoln. "To say we're just going to return your premiums, that's a total farce. That's not ... than they were before the law was passed." Spherion's decision to deny benefits to Amschwand-Bellinger turned on an odd set of facts. Spherion, which employs about 300, ...
LawInfo Weblog - http://blog.lawinfo.com
13 Jul 12:36 pm by Katherine Scanlon
... statement of the New York trial court, in Lincoln Life and Annuity Company of New York v. Bernstein, Supreme Court, Onondaga County, New York, 2009 ... between 10-30% (ten to thirty percent) of the totally (sic) death benefit. Sometimes companies will attempt to base the case payout on the cash value of the policy which is significantly ... defendants alleged that the subject policy was legally obtained and that Lincoln Life's refusal to pay the death benefits violated Section 349 of New York's General ...
Secondary Insurance Market Blog - http://www.secondaryinsurancemarketblog.com/weblog/
3 Jun, 2008 9:54 am
... of insurance. The timing of the article couldn't be worse with the evolving NPS/Lincoln Memorial Life scandal. Preneed companies should know better than to make such generalizations. ... 70's may end up paying premiums that exceed the policy death benefit. Under given facts, the insurance policy will out perform a trust. For the preneed contract ... company retains. For those NPS providers looking for a new insurance program: "Fool me once, shame on you. Fool me twice, shame on me." --Chinese Proverb
Death Care Law Blog - http://www.deathcarelaw.com/
23 May, 2008 1:03 am
... -IP), UK: BGMA leader plans push for more generic prescribing: (GenericsWeb), US: FTC issues FY2007 pharmaceutical company settlement agreements summary: agreements involving authorised generics on the rise: (FDA Law Blog), US: Patent litigation under ... Law360), Lincoln National Life Insurance - Lincoln National files patent infringement suit against Transamerica Financial Life Insurance Co and sister companies over patent for method of providing retirement benefits: (IP Law360), Lockhead Martin - ...
IP Thinktank - http://duncanbucknell.com/blog
2 May, 2008 3:40 pm
... the Missouri Department of Insurance fired off the first salvo in the legal proceedings to recover funds from Lincoln Memorial Life Insurance Company. In an effort to prepare those affected by the NPS meltdown, the Missouri State Board of Embalmers and ... upon these ambiguities to transfer preneed contracts from one funeral home to another funeral home if the circumstances benefited NPS. Consequently, the agreements were intended to be difficult to enforce, which cuts two ways. Regulators did not ...
Death Care Law Blog - http://www.deathcarelaw.com/
16 Mar 3:52 pm
... almost two years ago when I asked the question (rhetorical, of course), Are 401(k) plans transforming into defined benefit plans? Since then, the financial industry's race to develop and distribute retirement income products has been ... emerging area accordingly. And one piece of recent news struck me as how competitive the retirement income market is becoming. It was the announcement that Lincoln National Life Insurance Company, part of Ft. Wayne, Indiana-based Lincoln Financial Group, won a $13 ...
Retirement Plan Blog - http://www.retirementplanblog.com/
2 Feb, 2007 5:04 am
... Clarion Management and Fife allegedly took part in a fraudulent scheme to buy variable annuity contracts issued by the Lincoln National Life Insurance Company for Clarion Capital LP. The purpose of these purchases was to take part in market timing. The SEC ... that Clarion Management and Fife engaged in deceptive methods to buy contracts and take part in market timing to benefit Clarion Capital. One example the SEC cited was that of Clarion Management and fife using limited liability companies and ...
Stock Broker Fraud Blog - http://www.stockbrokerfraudblog.com/
18 Feb 8:02 am
... et al v. Lincoln National Life Insurance Company, N.D. IA (1-06-cv-00110) Lincoln accused Transamerica and others of infringing U. ... 7,089,201, titled "Method and apparatus for providing retirement income benefits." One of the claims recited in the preamble "a computerized method for administering a variable annuity plan ... made to the owner under the plan." On February 13, the jury returned a verdict in favor of Lincoln, finding the patent valid and infringed - a reasonable royalty of $13,098,349 ...
Two-Seventy-One Patent Blog - http://271patent.blogspot.com
14 Sep, 2006 4:50 pm
... case involving disability insurance. In that case, Johnson v. Lincoln National Life, 590 N.E.2d 761, the issue was whether the policy terms that called for an offset of the benefit payment complied with Ohio law. That case went all the ... can develop evidence that a very high percentage of disability insurance claims are denied out of hand, raising an inference that the insurance companies are dealing in bad faith. We can contrast the high denial rates with the sales pitches that are made to the ...
Lawyer Hatton - http://lawyerhatton.blogspot.com/
2 Oct, 2007 4:39 pm by The Settlement Channel
... annuitant or policyholder lives, thus transferring the risk of "living too long" to the insurance company instead of trying to manage your portfolio and assets for decades with elevated risk ... their income or retirement planning. Many major life companies, among them Prudential Securities, AXA Financial, Lincoln Benefit and SunAmerica have begun massive ... annuities and the new variable annuity contracts in order to secure guaranteed minimum life time income that you can't out spend, out live or have ...
Mark Wahlstrom's Settlement Channel Blog - http://www.thesettlementchannel.com/the-settlement-channel-blog/
16 Mar, 2007 7:58 pm by Michael Stevens
... and Jeffreys. Subsequently, the district court granted summary judgment in favor of Vaughn and Lincoln. Relevant to the appeal before us now, the district court held that (1) Brown's ... court with respect to the claims against Vaughn, but affirm summary judgment in favor of Lincoln. 07a0103p.06 2007/03/16 In Re: Renato Acosta v. Eastern ... for Rohm and Haas, reasoning that Crosby received all of the life insurance benefits she was due and that the company's conduct did not warrant monetary penalties. ...
Sixth Circuit Cases - http://kentuckylaw.typepad.com/sixth_circuit_cases/
3 Jun, 2008 10:48 am by Marcia Oddi
... , who had a remainder interest in a property, and Lincoln Hills Christian Church, Inc. entered into a written agreement for the exchange of two properties. Reich's mother, who had a life estate in the property, did not sign the agreement. ... source rule, and concerns of equity warrant the finding that write-offs secured by insurance companies for the benefit of their insureds, constitute insurance benefits for which the plaintiff or the plaintiff's family has paid directly, and therefore, must be ...
The Indiana Law Blog - http://indianalawblog.com/
28 Feb, 2007 12:38 pm by The Settlement Channel
... cash flow to the client in many situations. The fact is that variable annuity contracts offered today by the likes of AXA, SunAmerica, Lincoln, American Skandia, etc, provide guaranteed net income of 5% to 6%, or in some cases even higher based on the age ... that the client must be aware of and the advisor has to really read and study on each companies offerings to competently explain the benefits and drawbacks of using these annuities. Next week I will start a foundational series of blog posts on ...
Mark Wahlstrom's Settlement Channel Blog - http://www.thesettlementchannel.com/the-settlement-channel-blog/
18 Mar, 2008 4:16 pm by Barry Barnett
... event did he refer? The adoption in July 1776 of our Declaration of Independence. Lincoln concluded his address with a hope that despite its tribulations "this nation, under God, shall ... may or may not have the ability to carry into now and the future Lincoln's hope for a new birth of freedom. But he did start with the preamble ... within the black community, these resentments aren't always expressed in polite company. But they have helped shape the political landscape for at least a generation. Anger ...
Blawgletter - http://blawgletter.typepad.com/bbarnett/
4 Jan, 2008 10:55 am
... of reading, the more so as Google's book project proceeds and as other companies undertake the same or similar projects. (This prognosticating, mind you, from a guy who does not even ... the process, posing a threat to the countries neighboring the other guy's country. Abraham Lincoln once said that if all the armies of Europe commanded by Napoleon were to invade ... face. Wilson added him to his pantheon of heroes, someone who risked his life again and again on behalf of men he had never met, pushed by ...
Velvel on National Affairs - http://velvelonnationalaffairs.blogspot.com
11 Dec, 2008 7:36 pm
... two things. He showed conversations, basically among Blagojevich and advisors as I understand it, about economic and political benefits that Blagojevich and his wife might obtain from a Senate appointment. (There may have been conversations with potential ... of the "widespreadness" in Chicago of Blagojevich's style of speech, and to deny examination of Fitzgerald and company by Blagojevich's lawyers, with the ruling of denial being encapsulated in a two word Chicagoesque ruling, "Fuck that." What, ...
Velvel on National Affairs - http://velvelonnationalaffairs.blogspot.com
18 Apr, 2007 11:42 pm by Karen Lee
... Programs and Initiatives: Networking, mentoring, retreats, and seminars on navigating law firm life as a working mother all help to create a more comfortable environment for women balancing ... golf clinics. [38] Chicago's Sonnenschein, Nath & Rosenthal organized a trip to the Lincoln Park Zoo to allow a partner and the deputy counsel of Conoco Phillips to talk ... Attorneys, 12 Law Firm P'ship. & Benefits Rpt. 5 (2007). [44] 100 Best Companies, Working Mother Mag., Oct. 2006, at [www.parsintl. ...
The Journal of the Business Law Society - http://www.law.uiuc.edu/bljournal/
23 Aug, 2007 11:48 am by Michael
... they become even wealthier. At the end of the day, it's rigged by all those who benefit from the established order of things. For them, more of the same means more money and ... insiders of the other. The American people deserve to know that their presidency is not for sale, the Lincoln Bedroom is not for rent, and lobbyist money can no longer influence ... company profits but doesn't cut patient costs. I have a bold plan to finally guarantee true universal health care for every single American and ...
Discourse.net - http://www.discourse.net/
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