Search for: "Financial Indemnity Company"
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9 Jan 2012, 8:15 am
These transactions involved deals primarily completed in 2006-2008 whereby the financial sponsors had tried to sell their investments and take their money off the table, but were unable to find a purchaser at an acceptable price. [read post]
6 Jan 2012, 6:18 am
At other times, the indemnity obligations of the company may be discretionary and require a vote of disinterested directors. [read post]
27 Dec 2011, 8:24 pm
Following work related accidents, many injured employees find themselves in need of financial and medical assistance. [read post]
22 Dec 2011, 5:07 pm
Making sure all indemnity payments are made timely 5. [read post]
20 Dec 2011, 2:41 pm
Jim Morris, President, Chairman and CEO of Pacific Life Insurance Company, accentuated the current financial strength of U.S. life insurance companies generally and explained why structured settlement annuities represent an excellent strategic product for life companies. [read post]
17 Dec 2011, 7:25 am
Further, the present law allowing for more ways of financially punishing the insurance company for conduct that is committed "knowingly" or "intentionally" as those terms are defined in the insurance code. [read post]
15 Dec 2011, 3:07 pm
It is a personal tragedy far beyond the financial cost of the claim. [read post]
15 Dec 2011, 9:31 am
Once the acquirer gets the complete picture with respect to open source matters, your counsel should include representations, warranties and indemnities in the purchase agreement to protect the acquirer. [read post]
15 Dec 2011, 8:17 am
The potential Buyers will include both “strategic” Buyers (i.e., other operating companies) and “financial” Buyers (i.e., private equity firms and hedge funds). [read post]
9 Dec 2011, 5:13 am
The fraud was related to preparation of audited financial statements that falsely claimed that Provident Capital Indemnity, Ltd., had entered into reinsurance contracts with major reinsurance companies. [read post]
30 Nov 2011, 8:16 am
Next time, LoL and Indemnity Redux…. [read post]
21 Nov 2011, 12:49 am
In arguing that the policy precluded coverage for the settlement, the insurer relied on Policy Section V (illegal profit/payment exclusion): The Insurer shall not be liable to make any payment for Loss, other than Defense Costs, in connection with any Claim arising out of or in any way involving: 1. any Insured gaining, in fact, any profit, remuneration, or financial advantage to which the Insured was not legally entitled; 2. payment by the Company of inadequate or… [read post]
15 Nov 2011, 7:30 am
Still, the parties should preserve their right to claim indemnity or contribution. [read post]
14 Nov 2011, 7:50 am
As in all jurisdictions, in certain transactions, seller-favourable deal terms, including aggressive indemnity profiles (with low caps and very limited escrow amounts as the exclusive remedy of a buyer) and substantial reverse break fees (for financing, regulatory or other conditionality), may be appropriate. [read post]
2 Nov 2011, 12:40 pm
Justice RaveendranSupreme Court of IndiaThe Supreme Court in Sanjeev Kumar Jain Vs. [read post]
29 Oct 2011, 8:02 am
In the mid-90s, I began handling Financial Loss and privacy-related claims for London underwriters. [read post]
18 Oct 2011, 6:59 am
Early in their marriage, they suffered substantial financial losses in the construction business. [read post]
16 Oct 2011, 3:33 pm
The obligation for these leases was generally incurred during the period of indemnity for these companies, with the payment of these obligations set to occur over time. [read post]
6 Oct 2011, 6:02 pm
In fact, the most extensive study on SLAPPs to date, which was conducted in the late 1980s, found that plaintiffs did not succeed 77-82% of the time.[10] SLAPP lawsuits primarily wreak their mischief through the litigation process.[11] The plaintiff uses the various steps in the litigation process to waste the time and drain the financial resources of the defendant. [read post]
26 Sep 2011, 5:24 pm
The nature of this process keeps such individuals from entering the market, which protects consumers and legitimate companies from working with or losing business to risky enterprises.Whatever the specific law be that requires a surety bond, rest assured it was put in place to protect against financial loss, whether it be on behalf of consumer purchases or government funds. [read post]
