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12 May 2019, 11:00 am by Kevin LaCroix
As the Company’s insurers have agreed to fund the foregoing settlement, the Company also recorded a corresponding insurance receivable of approximately $50 million during the first quarter of 2019, which is included in Prepaid expenses and other current assets in the Condensed Consolidated Balance Sheets. [read post]
12 May 2019, 11:00 am by Kevin LaCroix
As the Company’s insurers have agreed to fund the foregoing settlement, the Company also recorded a corresponding insurance receivable of approximately $50 million during the first quarter of 2019, which is included in Prepaid expenses and other current assets in the Condensed Consolidated Balance Sheets. [read post]
31 Oct 2006, 6:21 am
Coffey noted that WorldCom involved a unique situation where the company had entered bankruptcy (making director indemnification by the company less likely), the company's auditor (Arthur Andersen) was defunct, the company's bankers wielded a due diligence defense for their role in the scandal, and the company's $100 million directors and officers' insurance policy had been exhausted. [read post]
2 Feb 2017, 8:50 am by Len Feltoon
Credit card consolidation is a favorite means of dealing with the debt balances. [read post]
24 Aug 2009, 5:44 am
  From approximately 1852 until 1965, Orange & Rockland Utilities Company and its predecessor companies owned and operated eight MGPs -- manufactured gas plants -- located in Orange County and Rockland County, New York. [read post]
20 Aug 2020, 4:59 pm by Brian Casillas
  Proposition 22 also stipulates that the companies provide more benefits to drivers, such as a minimum wage and access to health and workers’ compensation insurance. [read post]
16 Aug 2012, 11:54 am
The insurance companies have yet to issue any statement regarding the suit. [read post]
7 Sep 2020, 2:06 pm by Kevin LaCroix
A 2020 securities suit filing total lower than the totals in the last three years would be welcomed by the D&O insurance industry; however, a relatively lower year-end total that would still be well above historical levels is unlikely to have a significant impact on how D&O insurers perceive the level of securities litigation risk. [read post]
31 May 2011, 9:18 am by Daniel E. Cummins
The case in Monroe County sat dormant with a writ only filed while the plaintiffs attempted to resolve their separate but related claims with a worker's compensation carrier and with Penn National Insurance Company as the UIM carrier. [read post]
24 Aug 2023, 11:18 am by Kevin LaCroix
Following two high profile plane crashes involving the Boeing Max 737, the defendants settled the derivative litigation for a cash payment to the company of $237.5 million, which was fully funded by insurance. [read post]
29 May 2009, 1:12 pm
Consolidation can be considered, but may not be practical if the purchaser/assignee and the new servicer are not affiliated. [read post]
22 Apr 2020, 3:37 pm by Xandra Kramer
Insurers are likely to find themselves in court, with businesses filing insurance claims over the coronavirus fallout. [read post]
26 Jan 2012, 9:07 am
The three families filed lawsuits, which were eventually consolidated, against companies including Alco of Wisconsin and Alco, Inc. [read post]
31 Dec 2020, 5:34 am by Matthew D. Lee
Covered Property Damage Costs: costs related to property damage and vandalism or looting due to public disturbances that occurred during 2020 that was not covered by insurance or other compensation. [read post]
7 Dec 2007, 10:09 am
Consolidated Equities Realty #3, LLC d/b/a Bob Townsend/Colerain Ford (9-CA-42545, et al.; 351 NLRB No. 64) Cincinnati, OH, Nov. 29, 2007. [read post]
24 Apr 2010, 1:53 pm by clarence
Property flipping or shotgunning – a property is purchased through a sham indentity or shell company and then the price is artificially inflated through false appraisals. [read post]
24 Jun 2008, 6:20 am
Odyssey offered employment to its predecessor's employees, hired two of its predecessor's management personnel, assumed the contracts of independent contractors, agreed to honor the predecessor's customer service contracts, and received the predecessor's business insurance policy. [read post]
The Bulletin is  meant to act as a consolidated guide based on jurisprudence, regulatory findings, and various interpretations of PIPEDA’s key concepts over the years. [read post]
23 Apr 2013, 12:33 am by Kevin LaCroix
The authors attribute this seeming contradiction to company size, as larger companies tend to settle later than smaller companies. [read post]
7 Jan 2021, 10:16 am by Disability Lawyers Dell & Schaefer
And we’re going to discuss New York Life Insurance Company and the handling of a long-term disability insurance claim. [read post]