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26 Oct 2023, 10:57 pm
Meanwhile, APRA announced various new and proposed updates to its prudential standards and commenced consultation on a range of proposed improvements to the effectiveness of Additional Tier 1 capital instruments (Hybrid Bonds) for use in potential bank stress scenarios. [read post]
26 Oct 2023, 1:06 pm
The third of these three characteristics, ability to pay, is measured by the corporate defendant’s asset size, market capitalization, and whether the defendant company was in bankruptcy or distressed. [read post]
26 Oct 2023, 8:27 am
Those cases are only the first of several this term involving social media: The justices will hear oral argument sometime next year in a pair of challenges to controversial laws in Florida and Texas that seek to regulate social media companies, as well as a dispute alleging that the federal government violated the First Amendment by pressuring social media companies to remove false or misleading content about (among other things) the 2020 election and COVID-19. [read post]
25 Oct 2023, 9:01 pm
A tax law passed in 2017 and signed into law by President Donald Trump seeks to impose a tax, known as the Mandatory Repatriation Tax (MRT), on some of the company’s domestic shareholders (including the petitioners) even though, the petitioners argue, income has not been “realized” for them in particular (even as it might have been realized for the company they partly own). [read post]
23 Oct 2023, 7:39 am
The bond must be for at least $50,000, and must be with a surety company licensed to do business in Oklahoma as a surety. [read post]
19 Oct 2023, 6:07 am
Licensees must maintain a surety bond and minimum “capital and liquidity” in amounts determined by the Department. [read post]
19 Oct 2023, 5:53 am
This post summarizes the published criminal opinions from the North Carolina Court of Appeals released on October 17, 2023. [read post]
19 Oct 2023, 2:15 am
Employees can look forward to new ways of bonding with colleagues regardless of physical distance. [read post]
19 Oct 2023, 2:00 am
The Power of Doing Together Companies often believe simply socializing together strengthens bonds to benefit culture. [read post]
18 Oct 2023, 9:16 am
Caderet involved a declaratory judgment action in which the insured was seeking coverage under the terms of a Financial Institution Bond issued by the insurer. [read post]
17 Oct 2023, 9:18 am
Similar to the initial disclosures already required under the Federal Rules of Civil Procedure, these disclosures must include: (1) the name and contact information of persons likely to have discoverable information and the subject of the information; (2) a copy or description of all documents in support of the party’s claims or defenses, or that is relevant to the action; and (3) contractual agreements or insurance policies under which an insurance company or person may be liable to… [read post]
17 Oct 2023, 2:39 am
The company reportedly explained that there has been a significant increase in interest rates and insurance. [read post]
16 Oct 2023, 9:32 am
PJSC National Bank Trust (NBT) and PJSC Bank Otkritie Financial Corporation (Otkritie) had brought an $850 million claim, in which they alleged that representatives from NBT and Otkritie conspired with companies connected to Mints to enter into uncommercial transactions where existing loans were replaced with “worthless or near worthless” bonds. [read post]
15 Oct 2023, 8:38 pm
The bail bondsman will get the bond amount through a surety company. [read post]
14 Oct 2023, 8:21 am
As we noted in our previous blog post, GWG’s bankruptcy allowed the company to re-structure the debts it owed to L-Bond holders. [read post]
13 Oct 2023, 2:05 am
By holding a regular schedule of engaging events, classes, and other work-social gatherings, you can start to build stronger bonds that keep employees active, productive, and engaged. [read post]
13 Oct 2023, 12:23 am
The endowment could only be invested in federal, state, and municipal bonds, which would lead to great financial problems after his death. [read post]
11 Oct 2023, 9:25 am
The FAR directs the Government to examine the reasonableness of costs with “particular care” in connection with firms or separate divisions that may not be subject to effective competitive restraints.[16] The Defense Contract Audit Agency (DCAA) frequently challenges the reasonableness of interdivisional work orders, subcontracts with affiliates, and subcontracts with companies owned or managed by former employees. [read post]
9 Oct 2023, 1:52 am
Following the breakdown of his business relationship with the claimants, who were formerly co-directors and shareholders in a property company, the defendant, Mr Lyons, sent hundreds of emails and messages to the claimants’ families, friends, law firms, business contacts, clients, charities and places of worship. [read post]
7 Oct 2023, 3:00 am
My initial days in Tampa saw me working with the Hartford Insurance Company, but the allure of public adjusting beckoned. [read post]