Search for: "Financial Indemnity Company"
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14 Sep 2017, 11:46 pm
While a company guilty of facilitating tax evasion may therefore be spared conviction, this could well be at the expense of its individual directors and officers, which could lead to a greater number of requests for costs indemnity under D&O policies. [read post]
26 Jul 2010, 7:15 am
Travelers Indemnity Co., 10 NY3d 556 (2008); and Lincoln General Ins. [read post]
11 Aug 2015, 5:46 am
Relinquishing control, or foregoing credit, however, does not necessarily mean the party giving up those rights receives a smaller financial interest. [read post]
11 Aug 2015, 5:46 am
Relinquishing control, or foregoing credit, however, does not necessarily mean the party giving up those rights receives a smaller financial interest. [read post]
30 Sep 2013, 1:52 am
In the subsequent coverage action, in order to try to show compliance with the policy’s notice requirement, the bank attempted to rely on a June 30, 2009 litigation summary letter from its outside counsel to the bank that the bank had provided to the carrier in the course of the underwriting of the company’s renewal policy. [read post]
9 Jul 2018, 8:07 am
Ask any controller or processor that has negotiated GDPR contracts: it is a massive task that results in significant legal fees, as controllers and processors allocate risks and indemnity. [read post]
15 Sep 2021, 2:56 pm
Sept. 2, 2021), shows the breadth of defense and indemnity coverage under many D&O policies for tort claims alleging that the insured’s misconduct resulted in financial losses and highlights the need for financial services firms to carefully construct a comprehensive liability program to avoid overbroad application of “professional services” exclusions like what the policyholder had to correct on appeal. [read post]
6 Oct 2009, 7:36 am
Banks, insurance companies, commercial finance companies and venture capital companies all may be interested in providing financing for a larger acquisition. [read post]
30 May 2020, 1:30 am
If your loved one was a veteran, you will also qualify for dependency and indemnity compensation from the VA. [read post]
22 Jul 2014, 6:45 am
” Greenspring Financial issued a general liability policy to the hospital’s parent company under which it must indemnify the “Insured” for damages of up to $5 million per incident resulting from covered medical incidents. [read post]
30 May 2020, 1:30 am
If your loved one was a veteran, you will also qualify for dependency and indemnity compensation from the VA. [read post]
24 Oct 2014, 4:16 am
As part of the bond issuance, Ward and LRC executed a General Agreement of Indemnity (GAI) under which they indemnified the bond companies for liabilities and costs the bond insurers incur in relation to the bonds. [read post]
15 Feb 2022, 2:05 pm
Often, SPAC sponsors stand to benefit financially regardless of whether the transaction is a success. [read post]
1 Jun 2015, 3:09 am
” Written agreements “typically provide broader and more thorough protection of D&O’s indemnity rights than statutes and organizational documents. [read post]
3 Nov 2017, 3:00 am
Companies should seek to implement a “reasonable” level of security and mitigation with respect to DDoS attacks to help defend against litigation. [read post]
26 Aug 2013, 12:37 am
The admissions also detail the “short squeeze” Falcone orchestrated in connection with the bonds of MAAX Holdings, a Canadian manufacturing company. [read post]
6 Apr 2022, 1:14 am
They do however ‘have professional indemnity cover of £5m and are regulated by the ICO’, according to the site. [read post]
14 Sep 2010, 10:56 am
But, when faced with a shell company (i.e. a corporation without assets), the landlord may insist that the human being who is effectively entering into the lease give an INDEMNITY. [read post]
17 Nov 2016, 4:20 pm
Once Section 40 is in force, the advantages of preventing financial bullying by an aggressive oligarch or a big company may outweigh remaining reservations. [read post]
7 Sep 2015, 4:00 am
They would be less of a financial and time barrier to potential clients. [read post]
