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19 Jan 2012, 9:16 am by Larry Bache
(3)(b) In the event of a loss for which a dwelling or personal property is insured on the bases of replacement costs, the insurer shall pay the replacement cost without reservation or holdback of any depreciation in value, whether or not the insured replaces or repairs the dwelling or property. [read post]
18 Jan 2012, 3:32 am by Gregory Dell
On November 10, 2011, Liberty Life Assurance Company of Boston claimant, Dana E., and his California disability lawyer filed a complaint against the insurer in the United States District Court for the Northern District of California under the Employee Retirement Income Security Act of 1974 (ERISA) and 29 USC § 1132(a)(1)(B) in an effort to force the insurer to release his entitled disability benefits. [read post]
16 Jan 2012, 7:03 pm by Kyle Hulten
Calculation of Number of Purchasers For purposes of calculating the number of purchasers under Rule 505(b) and Rule 506(b) only, the following shall apply: The following purchasers shall be excluded: 1. [read post]
16 Jan 2012, 6:34 pm by Alexander J. Davie
The legal portion of due diligence involves ensuring (a) that the company has been validly formed and exists, (b) that the buyer has an accurate understanding of the company’s ownership and the rights of the different owners and the company’s management, (c) the buyer understands what litigation is pending or could arise in the future, (d) that the current insurance is adequate, (e) that the company is in compliance with all… [read post]
16 Jan 2012, 10:02 am by Law Lady
THE STATE OF FLORIDA, Appellee. 3rd District.Appeals -- Mediation -- Failure to appear -- Sanctions imposed on parties who failed to appear at court ordered appellate mediation where no motion seeking to excuse personal appearance was filed -- Appearance of parties' insurance company representative cannot take parties' placeCARDEN & ASSOCIATES, INC. [read post]
16 Jan 2012, 8:15 am by Darrin Mish
For companies that operate as LLCs, you cannot be certain if they are filing as a corporation. [read post]
16 Jan 2012, 4:08 am by Laura Sandwell, Matrix Chambers
BAI Ltd v Thomas Bates and Son Ltd, BAI Ltd v Durham, Municipal Mutual Insurance Ltd v Zurich Insurance, Municipal Mutual Insurance Ltd v Zurich Insurance Company and Adur District Council and Ors, Independent Insurance Company Ltd v Fleming and Anor, Municipal Mutual Insurance Company v Zurich Insurance Company and Ors, Excess Insurance Company Ltd v Edwards, Excess… [read post]
16 Jan 2012, 12:05 am by Kevin LaCroix
The plaintiffs allege that the defendants made misleading statements on these topics throughout the class period from September 25, 2008 to March 19, 2009, in violation of the Section 10 (b) of the ’34 Act; and in connection with GE’s October 7, 2008 stock offering, in violation of Section 11 of the ’33 Act. [read post]
14 Jan 2012, 3:21 am by Gregory Dell
Disability Blog & Cases: New Jersey BankUnited employee files suit against Lincoln National Robert B. and his New Jersey disability lawyer go to battle against The Lincoln National Life Insurance Company to retrieve Robert B. [read post]
12 Jan 2012, 10:55 am by David Cosgrove
The information provided warned the potential investor that the investment was high-risk, was dependent on fluctuations in the lending and housing market, and was not insured. [read post]
12 Jan 2012, 8:13 am by Raffaela Wakeman
Daniels has dismissed a construction company founded by Osama bin Laden’s father as a defendent in lawsuits brought by survivors, victims’ families, and insurance carriers. [read post]
12 Jan 2012, 1:04 am by Kevin LaCroix
Some private company D&O insurance policies may be procured or written based on the assumption that, because the company is privately held, the company and its directors and officers face no potential liability under the federal securities laws. [read post]
11 Jan 2012, 10:19 pm by Ben Vernia
Under the federal flood insurance program, insurance companies were authorized to write flood insurance policies and adjust any claims. [read post]
11 Jan 2012, 5:01 am by David Rodman
The Planned Gift Program is funded by General Mills paid life insurance policies on each participating director. [read post]