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19 Jun 2012, 1:57 pm
The ELNY Memorandum Decision states in relevant part: "certain insurance companies such as Travelers, the Fireman's Fund Companies and Hartford have assured the Court that they will make up the difference to those identified shortfall payees for any settlement obligation where they purchased an ELNY annuity on behalf of an injured party. [read post]
11 Jan 2011, 5:04 am
(c) It is a defense to prosecution under this section that the person acted with intent to facilitate the lawful seizure, forfeiture, or disposition of funds or other legitimate law enforcement purpose pursuant to the laws of this state or the United States. [read post]
2 Apr 2019, 2:38 am
Beaver County Employees Retirement Fund, 138 S.Ct. 1061 (2018) which agreed that the state courts retained jurisdiction over Section 11 cases brought under the Securities Act of 1933. [read post]
15 Mar 2018, 11:22 am
State Transparency Acts There, state senators have decided they will back away from another bill that is a larger part of a national lobbying effort by big manufacturers and insurers that would require people suing for asbestos exposure damages to first prove they are unable to get compensation elsewhere. [read post]
22 Jan 2015, 1:03 pm
” The GWG Brochure further stated that the Debentures “are secured by all the corporate assets of GWG. [read post]
1 Nov 2012, 6:30 am
With cost of funds for banks at an all-time low (i.e., zero and almost zero), it will be interesting to see whether this change (if it is passed by the NAIC and adopted by the states) will at least partially level the playing field for life insurance companies, as they compete with banks for the best commercial loans. [read post]
28 Aug 2007, 1:00 pm
Fireman's Fund Insurance Company. [read post]
6 Aug 2012, 1:10 am
Background First Defiance Financial Corporation is a bank holding company. [read post]
11 Oct 2017, 5:41 pm
Indeed, one recent article about appraisal litigation states that in recent years a “cottage industry of ‘appraisal arbitrage’” has developed, “in which hedge funds purchase shares in hoped of securing a higher price for those shares through appraisal. [read post]
11 Oct 2017, 5:41 pm
Indeed, one recent article about appraisal litigation states that in recent years a “cottage industry of ‘appraisal arbitrage’” has developed, “in which hedge funds purchase shares in hoped of securing a higher price for those shares through appraisal. [read post]
5 Jul 2011, 1:41 am
On the other hand, if the FDIC suit triggered a later or a different insurance program, there may well be additional insurance funds available. [read post]
4 Apr 2011, 7:07 pm
Most assisted living residents pay from their own funds, some with long term care insurance, and some veteran’s benefits or with help from family. [read post]
6 Nov 2020, 6:30 am
SEC Brings Enforcement Action Against Fund Manager for Single 13D Violation Posted by Eleazer Klein, Adriana Schwartz, and Clara Zylberg, Schulte Roth & Zabel LLP, on Friday, October 30, 2020 Tags: Asset management, Disclosure, Fund managers, Institutional Investors, Ownership, Private funds, Schedule 13D, Securities enforcement, Securities regulation Proposed HSR Rule Change Would Benefit Activists Posted by Steve… [read post]
31 Oct 2022, 4:57 pm
Legislatures in several states have passed legislation prohibiting state pension funds from investing in ES- focused investments or prohibiting the state from doing business with companies that boycott certain industries. [read post]
26 Aug 2016, 6:00 am
Private Fund Advisers Must Pay Close Attention to Nuances under Pay-to-Play Restrictions in Light of Upcoming Elections Nationwide As the elections approach nationwide, advisers to private investment funds with current or prospective state or local government entity investors should be mindful of political activities by their personnel which could raise concerns under existing pay-to-play regulations. [read post]
5 Feb 2015, 10:37 am
If you file for divorce, half of the funds in the accounts could be awarded to your spouse especially if you live in a community property state like California. [read post]
29 Jan 2017, 7:00 am
Terrorism insurance sales have been on the rise in recent years, and more than 60 percent of companies in the United States have terrorism insurance. [read post]
18 Dec 2010, 4:56 am
Texas also would lose federal funds for the Children's Health Insurance Program if it did not have a Medicaid program. [read post]
23 May 2019, 3:03 am
The employer can take a federal income tax deduction (and in most states, a state tax deduction) for the full amount of the employer’s contribution, which is considered a business expense. [read post]
6 Jul 2017, 5:31 pm
By way of background, standard corporate by-laws, reflecting State corporate laws, prohibit indemnification of a corporate director or officer with respect to derivative claims, i.e., claims brought derivatively in the name of the corporation against such individuals: Section X.02. [read post]
