Search for: "Financial Indemnity Company"
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11 May 2016, 8:17 pm
SEC 149(6): INDEPENDENT DIRECTOR DEFINED An independent director in relation to a company, means a director other than a managing director or a whole-time director or a nominee director,— (a) who, in the opinion of the Board, is a person of integrity and possesses relevant expertise and experience; (b) (i) who is or was not a promoter of the company or its holding, subsidiary or associate company; (ii) who is not related to promoters or directors in the… [read post]
13 Sep 2017, 9:00 am
They also carry a corresponding financial risk and bonding requirement that may be beyond the capability of a single company. [read post]
1 May 2022, 9:01 pm
And the target company in any de-SPAC transaction will undoubtedly also have its own financial advisor who may also have been an underwriter on the SPAC IPO. [read post]
8 Feb 2017, 6:30 am
On 16 December 2011, in line with their obligations as regulated financial businesses, Capita and Sureterm informed the Financial Services Authority (“FSA”) of the findings of their investigations and a voluntary remediation scheme was set up to reimburse customers. [read post]
5 Apr 2021, 2:00 pm
The SPAC raises capital through an initial public offering (IPO), but because the company has no operations or historical financial statements the process for obtaining regulatory approval can be completed relatively quickly. [read post]
1 Feb 2020, 5:29 am
Bankruptcy Code that is applicable to companies that have been subject to and would continue to face substantial numbers of asbestos-related claims: dozens of companies – including a number of the most prominent defendants – have used this process to resolve their asbestos liabilities.DBMP LLC is the parent company of another North Carolina entity, which operates manufacturing plants that are unaffected by the filing and will continue as usual with no impact on… [read post]
5 Aug 2015, 4:25 am
Holguin, ruled that Quad/Graphics was not entitled to an offset against temporary disability indemnity for the full salary it paid Mario Holguin after the third finger of his left hand was severed in a workplace accident, because Holguin was unable to return to his customary duties. [read post]
15 Nov 2019, 12:14 pm
SS&C, a multibillion-dollar financial technology company, sought coverage for a cyber incident that occurred in 2016, when hackers emailed SS&C employees from spoofed email addresses, purporting to come from one of SS&C’s clients. [read post]
20 Apr 2020, 12:05 pm
This is designed to ensure liquidity of French companies. [read post]
26 Apr 2021, 2:34 pm
Among other things, the stipulation states that Akazoo is seeking to recover from the “Akazoo Insurers” amounts for “unreimbursed defense costs and unpaid indemnity claims. [read post]
28 Apr 2017, 6:00 am
I will assume that the GC in question is financially stable, and able to bond, and that his credit is not in question. [read post]
7 Sep 2010, 6:58 pm
A & O would purchase insurance policies issued by 'A-rated' companies. [read post]
22 Jan 2014, 1:33 am
Because the worst news a director needs to hear after learning that the company needs to restate its financial statements is that its management also did not buy enough insurance (or the right type of insurance) to cover the costs of the litigation and regulatory investigations. [read post]
3 Jun 2013, 1:24 am
Finally, despite years of heavy claim activity and many large bankruptcies spurred by the financial crisis, we often still see the same problems with policies and towers of insurance. [read post]
23 Mar 2016, 9:43 am
She just released a new paper, still undergoing the editorial process, which shows that, at least with her cohort, companies save a significant amount of money over Texas subscribers (and Texas is already a reasonably priced work comp state), and that these company workers seem to be better off (though she admits that more study is needed on outcomes).The study is divisive of course. [read post]
11 Nov 2010, 11:27 am
the owner selects the [mechanic] and is free to insist upon one who is financially responsible and to demand indemnity of him. [read post]
28 Jul 2011, 11:03 pm
Rite Aid believes that Ranbaxy owes it money for the financial damages the company sustained in paying attorney's fees, and other costs and expenses. [read post]
18 Dec 2017, 4:18 pm
A No-Survival deal will help preserve important relationships after the closing, as for example where a management group from the seller remains part of the combine companies post-closing. [read post]
10 Aug 2010, 2:55 pm
It sought defense and indemnity from its insurer, who defended under a reservation of rights. [read post]
9 Aug 2010, 11:26 pm
Farmers face atypically severe risks from adverse weather and financial hardship. [read post]
