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12 Dec 2008, 12:44 am
The Court noted that McWhorter would probably still be required to pay  the employee’s  share of the FICA tax (i.e. 7.65% of the amount considered wages): The implication of our holding that petitioner was an employee of Boyle Energy for 2002 is that he may be liable for his share of taxes under the Federal Insurance Contributions Act, section 3101(a) and (b). [read post]
11 Dec 2008, 6:25 pm
By s.18 of the 1995 Act, a service charge is “an amount payable by a tenant of a dwelling as part of or in addition to the rent (a) which is payable directly or indirectly for services, repairs, maintenance, improvements or insurance or the landlord’s costs of management and (b) the whole or part of which varies or may vary according to the relevant costs. [read post]
10 Dec 2008, 6:34 am
The First Department apparently thinks there are three types applicable to liability insurance: (a) notice of accident; (b) notice of claim; and (c) notice of suit. [read post]
9 Dec 2008, 4:51 pm
BLAGOJEVICH, intending to be influenced and rewarded in connection with business and transactions of the State of Illinois involving a thing of value of $5,000 or more, namely, the provision of millions of dollars in financial assistance by the State of Illinois, including through the Illinois Finance Authority, an agency of the State of Illinois, to the Tribune Company involving the Wrigley Field baseball stadium; in violation of Title 18, United States Code, Sections… [read post]
9 Dec 2008, 7:06 am by Joseph Sano
In any event, the changes in the law, and the impact on businesses are substantial, and may push more companies to consider comprehensive privacy insurance coverage. [read post]
8 Dec 2008, 4:21 pm
In Dura Pharmaceuticals in 2005, the court unanimously ruled that investors must show a link between a company's alleged misrepresentations and their stock losses. [read post]
8 Dec 2008, 12:24 pm
It's just like managed healthcare where insurance companies control the decision whether and how to treat a patient. [read post]
6 Dec 2008, 3:46 pm
Wentworth Inc., the Bryn Mawr "structured settlement" firm that buys insurance payouts, to 'CCC+' from 'B-', and warned it could cut again. [read post]
3 Dec 2008, 7:01 pm
Co., No. 070141 In a class action claim for statutory penalties under section 5106(a) of New York insurance law against defendant-Allstate Insurance Company, grant of motion to dismiss is affirmed where: 1) section 901(b) of the New York Civil Practice Law and Rules may be applied in a federal court sitting in diversity jurisdiction and adjudicating claims under state law; and 2) section 5016(a) did not fall within the exception clause of section 901(b). … [read post]
1 Dec 2008, 12:00 pm
  As the dissolution has already occurred pursuant to Section 10.1(b), the issue remaining is the winding up of Factors Walk. [read post]
27 Nov 2008, 1:25 am
DOJ Press Release, Texas Businessman Sentenced to Prison for False Statements to Federally Insured Bank DOJ Press Release, Portuguese Shipping Company and Two Employees Found Guilty of Enviromental Crimes Daniel B. [read post]
22 Nov 2008, 5:49 pm
  Section 186 (b)  states that a "misrepresentation or warranty shall be deemed material if knowledge or ignorance of it would otherwise have influenced the insurer in making the contract at all, or in estimating the degree and character of the risk, or in fixing the rate of premium. [read post]
21 Nov 2008, 10:06 pm
Does an insured's acceptance of an insurer's check for payment based on an "estimated claim" extinguish the insured's right to seek additional payments from the insurer? [read post]
21 Nov 2008, 1:37 pm
At this stage, the EESA applies to financial institutions which, under the EESA §3, cover a broad range of institutions including, without limitation, banks, insurance companies, broker dealers and savings associations subject to federal, state or certain territorial regulations (but excluding any central bank of, or institution owned by, a foreign government). [read post]