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10 Aug 2020, 12:18 pm by Kevin LaCroix
Francis is a Partner, Financial Lines, at McGill and Partners. [read post]
27 Jul 2020, 11:54 am by Kevin LaCroix
[iii] See Vince Sullivan, Rise in Ch.11 Echoes 2008 Financial Crisis, Law 360 https://www.law360.com/articles/1289289/rise-in-ch-11-cases-echoes-2008-financial-crisis (last visited July 21, 2020) [iv] 2020 N.Y. [read post]
12 Jul 2020, 2:28 pm by Kevin LaCroix
Duggan has agreed with the Company to personally provide indemnity coverage on substantially the same terms as the Company’s prior coverage program for a one-year period, and has agreed to deposit at least $30,000,000 of cash and/or marketable securities as security for such obligations. [read post]
Many businesses are suffering serious financial difficulties as a result of COVID-19, particularly those in the retail, hospitality and tourism sectors. [read post]
30 May 2020, 1:30 am
If your loved one was a veteran, you will also qualify for dependency and indemnity compensation from the VA. [read post]
30 May 2020, 1:30 am
If your loved one was a veteran, you will also qualify for dependency and indemnity compensation from the VA. [read post]
27 May 2020, 6:30 am by Rebecca Shafer, J.D.
In the event you are “loose” so to speak with the books, you can quickly find you and your company or organization in quite a financial pickle. [read post]
  The guidance, which can be found here, is primarily targeted at ship owners, managers, operators, brokers, ship chandlers, flag registries, port operators, shipping companies, freight forwarders, classification service providers, commodity traders, insurance companies, and financial institutions. [read post]
16 May 2020, 12:19 am by Richard Burt
A company that takes over another company’s manufacturing operations and continues to supply a product may be held to have made a warranty of fitness for purpose based on the original company’s actions in the absence of a disclaimer. [read post]
12 May 2020, 6:30 am by Laura Becking
As the COVID-19 pandemic continues to disrupt business across the globe, many international companies are continuing to consider and implement cost-saving measures to protect their financial health. [read post]
28 Apr 2020, 4:56 pm by Kevin LaCroix
By the time the bank failed, which it soon did, the directors had no D&O insurance and the Chairman’s personal indemnity was worthless. [read post]
7 Apr 2020, 6:30 am by Laura Becking
As the COVID-19 pandemic continues to intensify and disrupt business across the globe, many international companies are facing the harsh reality of resorting to severe cost-saving measures to protect their financial health. [read post]
  If an organization has fallen victim to a BEC attack, the IC3 report also recommends that the organization contact the originating financial institution as soon as fraud is recognized to request a recall or reversal as well as a hold harmless letter or letter of indemnity. [read post]
28 Mar 2020, 8:49 am by Laura Becking
As the COVID-19 pandemic continues to intensify and disrupt business across the globe, many international companies are facing the harsh reality of resorting to severe cost-saving measures to protect their financial health. [read post]
23 Mar 2020, 1:42 pm
Since the design professionals’ liability had been extinguished by way of that statute of repose, the Minnesota legislature revised its statutes to permit claims for indemnity and reimbursement against the designers. [read post]
23 Mar 2020, 1:42 pm
Since the design professionals’ liability had been extinguished by way of that statute of repose, the Minnesota legislature revised its statutes to permit claims for indemnity and reimbursement against the designers. [read post]