Search for: "Financial Indemnity Company"
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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]
19 Mar 2020, 3:52 pm
With respect to permanent layoffs, under Japanese employment law, strategic restructuring is almost impossible, as companies must be suffering severe financial issues (near bankruptcy) before they are permitted to dismiss employees for redundancy. [read post]
The Coronavirus in the International Workplace – How do Multinational Employers React Appropriately?
18 Mar 2020, 12:55 pm
France In light of the recent surge in confirmed coronavirus cases in France (over 1400 confirmed cases as of March 10, 2020), and as companies are increasingly seeking to take measures to prevent the spread of the disease, the French Ministry of Labor issued new recommendations. [read post]
The Coronavirus in the International Workplace – How do Multinational Employers React Appropriately?
11 Mar 2020, 2:04 pm
As such, it is advisable for companies to have an internal taskforce to think ahead and make contingency plans. [read post]
10 Mar 2020, 1:31 pm
Not only is it the time at which the threat of claims or investigations against directors is at its height but it is also the point at which the directors lose the benefit of any company indemnity. [read post]
7 Mar 2020, 11:30 am
This new action is designed to provide reassurance to New York businesses and residents who are seeking to make plans that may involve travel to locations that are not currently under travel advisories due to COVID-19.Six global and national insurance companies have agreed to offer "cancel for any reason" coverage to travelers, including: Allianz, Nationwide, Starr Indemnity, Berkshire, Crum & Forster, and Zurich. [read post]
7 Mar 2020, 11:30 am
This new action is designed to provide reassurance to New York businesses and residents who are seeking to make plans that may involve travel to locations that are not currently under travel advisories due to COVID-19.Six global and national insurance companies have agreed to offer "cancel for any reason" coverage to travelers, including: Allianz, Nationwide, Starr Indemnity, Berkshire, Crum & Forster, and Zurich. [read post]
22 Feb 2020, 6:11 am
(“GYPC”), as seller; the Third‐Party Defendants, as principals; Mindstream, as the buyer; and Eastport Holdings, LLC (“Eastport”) as the parent company of Mindstream. [read post]
1 Feb 2020, 5:29 am
Bankruptcy Code that is applicable to companies that have been subject to and would continue to face substantial numbers of asbestos-related claims: dozens of companies – including a number of the most prominent defendants – have used this process to resolve their asbestos liabilities.DBMP LLC is the parent company of another North Carolina entity, which operates manufacturing plants that are unaffected by the filing and will continue as usual with no impact on… [read post]
10 Jan 2020, 2:44 pm
Ironshore Indemnity, Inc., which you can read here. [read post]
10 Jan 2020, 2:44 pm
Ironshore Indemnity, Inc., which you can read here. [read post]
17 Dec 2019, 3:08 pm
Indeed, some D&O policies explicitly exclude anything relating to environmental risks, while others simply don’t work well for a given sector – for example, wide Professional Indemnity exclusions that render a D&O wording useless for a professional or financial services firm. [read post]
4 Dec 2019, 8:03 pm
Surveillance practices, delays in indemnity decisions and settlement payments and the appropriateness of information requests are all matters that will require attention under the new regime. [read post]
15 Nov 2019, 12:14 pm
SS&C, a multibillion-dollar financial technology company, sought coverage for a cyber incident that occurred in 2016, when hackers emailed SS&C employees from spoofed email addresses, purporting to come from one of SS&C’s clients. [read post]
15 Nov 2019, 7:21 am
By: John Yslas and Carolina Nunez Seyfarth Synopsis: In acquiring a company, there is often a tendency to think an asset purchase (as opposed to a stock purchase) guarantees the purchaser will not inherit any liability (so-called “successor liability”). [read post]
12 Nov 2019, 6:30 am
That would eliminate 12 years from the expectation of future medical and indemnity costs in the settlement. [read post]
6 Nov 2019, 4:29 am
for costs awarded on indemnity basis. [read post]
4 Nov 2019, 2:41 am
underscores important lessons both for both public and private companies about the interpretive interplay between statutory and contractual provisions governing rights to officer and director indemnity and advancement, the breadth of advancement doctrine, the need for company counsel to analyze closely the impact of proposed pleadings on advancement rights, and, most importantly, the company’s need to anticipate and choose… [read post]
29 Oct 2019, 3:05 am
Trov, Inc., Cancellation No. 92067936 [Petition to cancel a registration for the mark TROV for "Computer application software for mobile devices, namely, software for collecting, indexing, storing and managing personal financial information and information relating to the user's personal and real property, sharing, bookmarking, indexing, storing, collecting and showcasing content, articles, images, and products relating to the user's personal and real property and… [read post]
23 Oct 2019, 5:00 am
To do that they get what’s called an indemnity agreement and that agreement is typically signed by the contractor that is bonded and many times by the owners of the construction company either individually or with their spouses.They are on the hook and in many times, personally on the hook. [read post]
