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6 Jan 2022, 1:22 pm by Kevin LaCroix
Supreme Court’s Morrison v National Australia Bank decision, nevertheless were seeking to avail themselves of a U.S. court by “framing their accusations as derivative breach-of-duty claims against corporate directors. [read post]
3 Jan 2022, 12:39 pm by Kevin LaCroix
The directors’ and officers’ liability environment is always changing, but 2021 was a particularly eventful year, with important consequences for the D&O insurance marketplace. [read post]
29 Dec 2021, 12:00 pm by Kevin LaCroix
The US experience, as shown by securities class actions such as Owens Corning v National Union Fire Insurance Co [6], indicates that the construction of exclusions is not a simple issue. [read post]
5 Dec 2021, 4:39 pm by INFORRM
The company has said that the policy will not apply to content from large public events. [read post]
3 Dec 2021, 9:49 am by Kristian Soltes
Reuters reported in 2018 that the company had lodged a protest with the USTR that Modi was using nationalism to promote the local network. . . . [read post]
3 Dec 2021, 9:49 am by Kristian Soltes
Reuters reported in 2018 that the company had lodged a protest with the USTR that Modi was using nationalism to promote the local network. . . . [read post]
27 Nov 2021, 6:26 am by Joel R. Brandes
In Giraldo v Fernandez, --- N.Y.S.3d ----, 2021 WL 5226159, 2021 N.Y. [read post]
15 Nov 2021, 8:40 am by skelly
Most state reinsurance intermediary licensing laws are modeled after the Reinsurance Intermediary Model Act (RIMA) as promulgated by the National Association of Insurance Commissioners. [read post]
4 Nov 2021, 11:26 am by Emily Dai
The United Nations Glasgow Financial Alliance for Net Zero is composed of 450 banks, insurers and asset managers across 45 countries. [read post]
3 Nov 2021, 7:05 am by Hunton Andrews Kurth LLP
  This letter confirmed the authority of national banks to hold deposits that serve as reserves for stablecoins. [read post]
Lastly, issuance of directions to the financial institutions, banks or NBFC to not seize and/or auction vehicles of App-Based Workers on their failure to pay EMI’s of their loans till the pandemic continues and subjecting financial institutions, banks or NBFC to penalties on their failure to comply with the directions issued in RBI Circulars and top court judgment Small Scale Industrial Manufacturers Association v Union of India. [read post]
1 Sep 2021, 6:01 am by Peter Swire
For financial services, U.S. privacy protections are in place under laws such as the Gramm-Leach-Bliley Act and the Fair Credit Reporting Act, and major U.S. banks have been global leaders for cybersecurity protections. [read post]
17 Aug 2021, 6:40 pm by Michael Douglas
The body of creditors are competing for a share of a company’s remaining assets. [read post]
11 Aug 2021, 12:52 pm by Alvaro Marañon, Benjamin Wittes
” The OFAC advisory warned that the facilitators of such payments on behalf of the victims—like financial institutions, cyber insurance firms and other companies involved in incident response and digital forensics—may be doing so in violation of OFAC regulations. [read post]