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3 Oct 2023, 9:01 pm by renholding
In a separate but related action, the SEC brought contested claims against the Manufacturer’s former CFO for alleged failure to ensure that the Company correctly disclosed its warranty-related liabilities, even after the SEC and the Company’s controller raised questions about the adequacy of the Manufacturer’s disclosed warranty liabilities. [read post]
10 Oct 2017, 11:24 am by Lebowitz & Mzhen
More Blog Posts: Plaintiff’s Jury Verdict Affirmed in Recent Product Liability Case Against Auto Manufacturer, Maryland Car Accident Attorney Blog, published September 18, 2017. [read post]
21 Dec 2020, 11:18 am by skelly
While some states actually allow a driver of a vehicle to satisfy this requirement through the posting of a bond or deposit of money or securities, financial responsibility is of course most often satisfied through the purchase of a motor vehicle liability insurance policy containing the minimum terms and limits as required under applicable state law. [read post]
9 Nov 2010, 6:06 am by Mark S. Humphreys
This court said Liberty did not have any duties under the facts of this case and part of their reasoning was: The policy issued to Trovato provides, Section II - Liability Coverage Coverage C (Personal Liability) If a claim is made or a suit is brought against an insured for damages because of bodily injury or property damage caused by an occurrence to which this coverage applies, we will: 1. pay up to our limit of liability for the damages for which the insured… [read post]
28 Apr 2024, 8:11 pm by Mary Bruce
For example, a truck driver might breach their duty of care by failing to adhere to speed limits, or a trucking company might do so by not enforcing regulations on driving hours. [read post]
11 Feb 2013, 12:00 pm
The program offered 499 limited liability company membership interests for $500,000 each, plus a $41,500 administrative fee, and was one of the largest EB-5 projects in the history of the program. [read post]
5 Jan 2011, 1:17 am by Kevin LaCroix
2010 was an eventful year in the world of D&O liability. [read post]
15 Dec 2015, 10:47 am by John Floyd
In a major speech at New York City University this past September, Deputy Attorney General Sally Quillian Yates announced that the U.S. [read post]
24 Sep 2013, 10:06 pm by Allison Tussey
Parisi managed a family trust and a limited liability company on behalf of Scarfo as part of the scheme to defraud FPFG. [read post]
20 Oct 2020, 6:27 pm by Bryn Miller
Under AB 2257, the ABC test does not apply and instead the Borello test governs when an “individual acting as a sole proprietor, or a business entity formed as a partnership, limited liability company, limited liability partnership, or corporation” (a “business service provider”) “contracts to provide services … to a public agency or quasi-public corporation” and the public agency or quasi-public corporation… [read post]
28 Oct 2016, 6:48 am by Renae Lloyd
Recently the company has been making changes, when the company’s CEO stepped down on September 2, and was replaced by the President. [read post]
14 Dec 2015, 12:07 pm by Cynthia Marcotte Stamer
BLS statistics for September 2015 show state and local government employer costs for insurance benefits averaged $5.34 per hour, or 12.0 percent of the average of $46.66 per hour employee compensation cost paid by government employers for hours worked in September 2015. [read post]
26 Jan 2015, 2:30 pm by Anita M. Sorensen
In this recent H-1B termination case, a financial services company became the H-1B employer of a foreign national when it acquired another company in September 2008 as the recession was beginning. [read post]
14 Sep 2011, 11:31 am by Bob Eisenbach
That led many to wonder whether the same ruling would be extended to managers of Delaware limited liability companies ("LLCs"), the LLC equivalent of a corporation's directors. [read post]
10 Mar 2012, 4:50 pm by S2KM Limited
Reason: except for GABC's New York Article 75 guaranty payments (less than 5 percent of total liabilities), GABC's liabilities will be guaranteed by state guaranty associations or life insurance companies. [read post]