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Defendants in the class action settlement have agreed to pay more than $1 billion in compensation, including millions from ARCP’s former manager and principals, chief financial officer, and former auditor. [read post]
6 Jun 2016, 1:25 am by Patrick Bracher
In the first case a consultancy arrangement between a financial consultant and a company relating to the management of a trust included an indemnity by the consultant. [read post]
25 Jan 2018, 3:44 pm by Nate Nead
The surety company utilizes the surety bond as a guarantee against unforeseen financial challenges that may arise with the principal. [read post]
10 Aug 2015, 9:10 am by Dan Pinnington
It can be very rewarding, both personally and financially, to be asked to serve on a client’s board of directors. [read post]
16 Oct 2023, 2:21 pm by Kevin LaCroix
The particular peril for directors of insolvent companies, though, is that the first of these key protections automatically falls away at the point when the insolvency event occurs since the company is no longer able to honour any such indemnity. [read post]
We note that most companies are not aware of their legal obligations under the Act and the related (financial) risks. [read post]
10 Oct 2011, 3:37 am by Boteler, Finley & Wolfe
Review any known life insurance policy to see if additional benefits such as double indemnity for accidental death may apply.6. [read post]
11 Nov 2014, 6:30 am by Michael B. Stack
    Using a Structured Settlement To Win   The claims management team at ABC Insurance Company is faced with several challenging workers’ compensation claims that have significant future indemnity and/or medical exposure. [read post]
4 Nov 2019, 2:41 am by Peter Mahler
 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]
13 May 2011, 10:02 am by Vivian Persand
April 5, 2011).The Defendant/Appellant, Allied World Assurance Company (U.S.) [read post]
28 Feb 2022, 3:00 am
The insurance company attempted to cite to the Pennsylvania Supreme Court Opinion in Williams v. [read post]
15 Jul 2022, 1:45 pm by Alison Fitzgerald and Meaghan Farrell
Indemnities Buyers may also wish to negotiate indemnities from sellers against losses related to modern slavery issues. [read post]
16 May 2012, 6:30 am by Rebecca Shafer, J.D.
When an employee returns to work as soon as he is medically able, the indemnity payments are decreased, the medical and rehabilitation cost are lower and there is less of a productivity drop for the employer. [read post]
11 Mar 2016, 4:37 am by David DePaolo
As a consequence the company experience a big reduction in indemnity because of the change in CULTURE.In other words, opt out in Texas forced trust between the company and its workers.Trust - oh yeah, a concept that seems to have escaped traditional workers' compensation.By the way, Bailey also said that they are not opting out in Oklahoma, at least not yet. [read post]
22 Jul 2012, 9:37 pm by Stu Ellis
 And since Revenue Protection policies cover both yield loss and financial loss, there is a problem, says McEowen. [read post]
Financial Service Companies: Companies in this sector should verify compliance with Federal Financial Institutions Examination Council (FFIEC) handbooks, especially those related to information security, and report suspicious cyber and financial activities as set forth in the guidance. [read post]