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6 Jul 2017, 5:31 pm
By way of background, standard corporate by-laws, reflecting State corporate laws, prohibit indemnification of a corporate director or officer with respect to derivative claims, i.e., claims brought derivatively in the name of the corporation against such individuals: Section X.02. [read post]
3 Jul 2017, 12:48 pm
The FCA states that it will “therefore remove the obligation to transaction report from these firms for the time being”; the FCA will not in the main apply the conduct requirements in MiFID II to business involving pensions and insurance-based investments. [read post]
29 Jun 2017, 7:26 am
In particular, Hacon HHJ stated: “I do not take the view that it is incumbent upon an SME to prove exhaustively that it cannot access loans from elsewhere to fund litigation” (at [14]). [read post]
28 Jun 2017, 7:49 am
They are Federal Reserve banks, member banks, national banks, and all banks whose deposits are insured by the Federal Deposit Insurance Corporation (18 U.S.C. [read post]
27 Jun 2017, 8:36 am
Corporate litigation clogs the court files far more than injury cases ever will, but that is NOT the point here). [read post]
23 Jun 2017, 1:57 pm
The bill does, however, restore the corporate income tax credit for state insurance premium taxes paid. [read post]
22 Jun 2017, 12:57 pm
Obviously, plans and their sponsors, insurers and fiduciaries can expect to pay additional plan expenses necessary to pay wrongfully denied benefits and other expenditures these plan or its fiduciaries expend to investigate, defend and resolve claims or compliance audits, investigations, litigation or actions brought by the Departments, state insurance regulators with respect to state governments or insurers, or private litigation by participants… [read post]
14 Jun 2017, 8:41 am
They are plagued by the obsolete design of public recording offices, the poor incentives of the bureaucrats in charge of them, and the vested interests of conveyancers and title insurers. [read post]
14 Jun 2017, 7:11 am
He was registered with Multi-Financial Securities Corporation in Mason City, Iowa from February 2001 through March 2012. [read post]
11 Jun 2017, 2:34 pm
The resolution was led by the New York state retirement fund. [read post]
6 Jun 2017, 4:55 pm
When operational, the Hospital served a patient population that included a significant number of California Medicaid (Medi-Cal) beneficiaries, uninsured/under-insured patients, and indigent patients. [read post]
6 Jun 2017, 4:55 pm
When operational, the Hospital served a patient population that included a significant number of California Medicaid (Medi-Cal) beneficiaries, uninsured/under-insured patients, and indigent patients. [read post]
6 Jun 2017, 4:55 pm
When operational, the Hospital served a patient population that included a significant number of California Medicaid (Medi-Cal) beneficiaries, uninsured/under-insured patients, and indigent patients. [read post]
5 Jun 2017, 7:44 am
The most significant issues to be resolved appear to be how expansively the federal government should fund Medicaid, whether states may seek waivers from Affordable Care Act requirements such as the prohibition against insurers charging individuals with preexisting medical conditions who did not maintain continuous coverage more than healthy individuals, and how to structure tax credits to replace federal insurance subsidies under current law. [read post]
2 Jun 2017, 6:00 am
President Trump stated he would do so during his campaign. [read post]
30 May 2017, 6:07 pm
The purpose of the Credit Shelter Trust was to avoid the wasting of federal and state exemptions on the death of the first spouse. [read post]
30 May 2017, 6:06 pm
Re-titling is necessary because most Clients tend to hold assets jointly with right of survivorship and assets must be titled individually in a person’s name in order to be eligible to fund a Testamentary Trust. [read post]
28 May 2017, 4:49 am
A public officer may be removed from his or her office pursuant to Public Officers Law §36 Abolishing a position in the public service and the Doctrine of Legislative Equivalency Abolition of positions and the assignment of former teaching duties to other teachers Absence of any reference to the benefit claimed in the collective bargaining agreement defeats the employee organization's breach of contract allegation Absence of the individual who rated the employee unsatisfactory from the… [read post]
26 May 2017, 6:33 am
LoPucki, UCLA Law School, on Friday, May 19, 2017 Tags: Arbitration, Charter & bylaws, Contracts, Delaware articles, Delaware law, DGCL, Forum selection, Incorporations, Securities litigation, Shareholder suits, State law, Transparency Do Exogenous Changes in Passive Institutional Ownership Affect Corporate Governance and Firm Value? [read post]
25 May 2017, 10:41 am
This is a fairly typical CTF statute, and without much commentary because state chartered fiduciaries that offer common trust fund services fall under the jurisdiction of the Federal Deposit Insurance Corporation. [read post]
