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8 Jun 2016, 12:53 pm by PhoneBlogger
If you don’t provide the insurance company with the opportunity to know about your claim, you may never get covered for defense costs or indemnity. [read post]
22 Jan 2014, 1:33 am by Kevin LaCroix
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]
13 May 2021, 2:35 pm by Silver Law Group
Many whistleblowers are financial industry insiders, such as brokers and financial advisers, who have knowledge of misconduct because they saw it at the company they worked for and/or were involved in it in some way. [read post]
25 Aug 2022, 9:05 pm by Dan Flynn
Before the court were cross-motions for summary judgment filed by plaintiffs, Discover Property & Casualty Company (“Discover”) and The Travelers Indemnity Company of Connecticut (“Travelers”), and defendants Blue Bell Creameries USA Inc., Blue Bell Creameries LP, and Blue Bell Creameries Inc. [read post]
23 Jan 2011, 3:08 pm by Rebecca Shafer, J.D.
No one is suggesting cheating employees out of benefits, rather, keep your company’s financial health and your employees’ mental health in mind. ? [read post]
5 Dec 2014, 2:02 pm by Donna Ruscitti
An indemnity clause in a contract for data breach damages is only as good as the financial strength of the provider, and if the data breach is huge, it may put the provider out of business. [read post]
5 Jan 2021, 1:59 pm by Kevin LaCroix
  This new lawsuit is of course the latest example of “event driven litigation” – that is, securities litigation that does not allege the kind of financial misrepresentations that in the past typically characterized securities lawsuits, but rather alleges that the company has experienced an unexpected set back in its business operations and therefore that investors were misled. [read post]
24 May 2015, 8:03 pm by Omar Ha-Redeye
The insurer paid a significant financial penalty for its decision to proceed to trial. [read post]
25 Feb 2015, 4:46 am by David DePaolo
This is counter-intuitive, but for the unaccounted financial self-preservation of an industry.This can't, and won't go on. [read post]
9 Dec 2009, 6:55 am by Heather Young
Incorporated, Goldman Sachs & Co., Bear Stearns Companies, Inc., Bank of America Securities LLC, Bank of New York, Citigroup Inc., Credit Suisse (USA) Inc., Deutsche Bank Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith, Inc., and UBS Financial Services, Inc. [read post]
13 Dec 2021, 8:01 am by Dan Bressler
” “Stadtmueller said the company’s financial woes came about because of the sellers’ ‘grossly overstated’ business projections, allegedly at the guidance of Morgan Lewis and Chicago-based employment partner Brian D. [read post]
1 Feb 2008, 10:00 am
According to the plaintiff’s argument, the committee failed to properly oversee Aspen’s financial statements and disclosures, as evidenced by the company’s restated earnings. [read post]
11 Nov 2022, 8:49 am by Leland Garvin
Whether you are filing a claim as a homeowner, tenant, or business (business interruption indemnity), make sure you keep records of each interaction. [read post]
11 Nov 2022, 8:49 am by Leland Garvin
Whether you are filing a claim as a homeowner, tenant, or business (business interruption indemnity), make sure you keep records of each interaction. [read post]
2 Jun 2008, 3:57 pm
Many companies are unwilling or unable to buy greater limits. [read post]