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6 Jan 2021, 5:01 am by Abby Lemert, Eleanor Runde
’” Days later, the People’s Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, and SAMR discussed with Ant Group an urgent need for “rectification” of the company’s “illegal” financial activities. [read post]
UK insurance undertakings are deleted – as of 1 January 2021 – from the list of EU insurers that can carry out business in Italy and shall not assume new contracts or renew existing ones, but are allowed to continue their activity limited to management of pending contracts and insurance covers. [read post]
4 Jan 2021, 1:29 pm by Matt Gluck, Tia Sewell
Event Announcements (More details on the Events Calendar) Tuesday January 5, 2021, at 3:00 p.m.: The Center for Strategic and International Studies (CSIS) will hold an online event on protecting national security while successfully deploying 5G in the United States. [read post]
4 Jan 2021, 1:26 pm by Kevin LaCroix
  Although some D&O insurance industry observers may hope that the relative drop off in federal court securities lawsuit filings last year should lead to a decline in pricing for D&O insurance for U.S. [read post]
3 Jan 2021, 6:01 am by Kevin LaCroix
  The Litigation Rate: While the number of lawsuits filed each year is of significant interest to companies, insurers, and other observers, the rate of litigation (that is, number of lawsuits relative to the number of listed companies) arguably is of much greater significance. [read post]
Eligibility for PPP Applicants in Bankruptcy The Act amends Sections 364, 503(b), 1191, 1225, 1325 of the Bankruptcy Code to enable a debtor-in-possession or trustee that is authorized to operate the business of a debtor to apply for and borrow a PPP loan, notwithstanding any contrary contractual restriction, prior prohibition under Section 363 of the Bankruptcy Code regarding use of cash collateral, or other law prohibiting the debtor from incurring additional debt.[13]  The Act… [read post]
Eligibility for PPP Applicants in Bankruptcy The Act amends Sections 364, 503(b), 1191, 1225, 1325 of the Bankruptcy Code to enable a debtor-in-possession or trustee that is authorized to operate the business of a debtor to apply for and borrow a PPP loan, notwithstanding any contrary contractual restriction, prior prohibition under Section 363 of the Bankruptcy Code regarding use of cash collateral, or other law prohibiting the debtor from incurring additional debt.[13]  The Act… [read post]
Eligibility for PPP Applicants in Bankruptcy The Act amends Sections 364, 503(b), 1191, 1225, 1325 of the Bankruptcy Code to enable a debtor-in-possession or trustee that is authorized to operate the business of a debtor to apply for and borrow a PPP loan, notwithstanding any contrary contractual restriction, prior prohibition under Section 363 of the Bankruptcy Code regarding use of cash collateral, or other law prohibiting the debtor from incurring additional debt.[13]  The Act… [read post]
29 Dec 2020, 4:27 pm by Matt Gluck
Founded by Facebook, Microsoft, Twitter, and YouTube in 2017, the Forum was designed to foster technical collaboration among member companies, advance relevant research, and share knowledge with smaller platforms. [read post]
28 Dec 2020, 9:03 am by Michael Cannan
If a lawyer offers to represent you by the hour in your personal injury claim, you may take it as a sign that either (a) the lawyer thinks you have a weak or nonexistent case; or (b) the lawyer does not have the skill, experience, or resources necessary to represent you. [read post]
28 Dec 2020, 1:00 am by Sander van Rijnswou
This is a decision with the second highest distribution classification 'B'. [read post]
23 Dec 2020, 11:55 am by Jeffrey P. Gale, P.A.
The Federal law authorizes each state to enact legislation permitting employers and their workers’ compensation insurance companies (“E/C”), rather than the Social Security Administration, to take the offset. [read post]