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Exceptions may apply, including for stock repurchases: occurring in connection with certain non-taxable corporate reorganizations; by regulated investment companies and real estate investment trusts; not exceeding $1 million in aggregate during the taxable year; and to the extent treated as a dividend. [read post]
7 Aug 2022, 11:47 am by Bill Henderson
  Also distinguishable is Henry Kravis (#304 on the Forbes list) of KKR, who made his fortune in private equity, which is the buying and selling of public and private companies, typically with heavy reliance on debt. [read post]
13 Jul 2022, 1:55 am by Kyle Hulehan
Individuals and businesses weigh many factors when deciding where to locate or invest—such as family and weather, as well as infrastructure, quality of life, and a suitable workforce. [read post]
8 Jun 2022, 11:03 am by Evan Schwartz
Guardian Life Insurance Company of America, the New Jersey Supreme Court found a broker must tell a client about the availability of immediate insurance coverage through a binder. [read post]
8 Jun 2022, 11:03 am by Evan Schwartz
Guardian Life Insurance Company of America, the New Jersey Supreme Court found a broker must tell a client about the availability of immediate insurance coverage through a binder. [read post]
20 May 2022, 6:29 pm by Cynthia Marcotte Stamer
Stamer works closely with employer and other plan sponsors, insurance and financial services companies, plan fiduciaries, administrators, and vendors and others to design, administer and defend effective legally defensible employee benefits and compensation practices, programs, products and technology. [read post]
There is also currently a lack of consensus on standards and methodologies for calculating financed emissions, although certain standards and methodologies developed by financial sector participants, such as the Partnership for Carbon Accounting Financials (PCAF), are beginning to gain traction.[3] The PCAF is also working with the Net-Zero Insurance Alliance to develop standards to measure and disclose GHG emissions of insurance and reinsurance… [read post]
Both permit the omission of information that is not reasonably available without unreasonable effort or expense, although the threshold for reliance on them is generally thought to be high. 5. [read post]
9 Mar 2022, 7:47 pm by Cynthia Marcotte Stamer
  Last summer, however, the SEC announced that along with continuing its enforcement against public companies and other market involved and impacting companies for cybersecurity deficiencies, it now intends to purse enforcement against officers, directors or other leaders of companies that allow these deficiencies. [read post]
According to the complaint, employees were required to undergo facial geometry scans and temperature scans before entering company warehouses, without prior consent from employees as required by law. [read post]
29 Dec 2021, 12:00 pm by Kevin LaCroix
  The implications for insurers D&O insurers should assess the climate-related risks to insureds based on governance issues, continuous disclosure obligations and the insured’s interactions with institutional investors. [read post]
20 Dec 2021, 4:44 pm by Cynthia Marcotte Stamer
In October, 2020, OCR announced a resolution agreement with Aetna Life Insurance Company and affiliated covered entity (Aetna) where Aetna paid a $1 million resolution payment to settle potential HIPAA violations that arose from Aetna’s filing of hacking related breach reports in 2017 and OCR’s September 2021 announcement of a resolution agreement where Premera Blue Cross (PBC) agreed to pay $6.85 million to OCR (the second largest in OCR history) to settle… [read post]
8 Dec 2021, 12:00 am by Sophie Corke
     Digital citizenship and IT securityPursuing the principle of security-by-design/default, the parties have committed to allowing encrypted communication and furthering digital sovereignty, to include the right to interoperability and portability and reliance on open standards, open source, and European ecosystems such as 5G and AI with greater independence and competence for the Federal Information Security Office.4. [read post]
2 Dec 2021, 3:16 pm by Gregory Forman
Husband argued that switching life insurance policies did Wife no harm and therefore he could not be held in contempt. [read post]
8 Nov 2021, 11:52 am by Kevin LaCroix
These chances are particularly noteworthy for companies in the health care and life sciences industries, since over 80% of the DOJ’s False Claims Act recoveries in FY 2020 were in those industries. [read post]
8 Nov 2021, 11:52 am by Kevin LaCroix
These chances are particularly noteworthy for companies in the health care and life sciences industries, since over 80% of the DOJ’s False Claims Act recoveries in FY 2020 were in those industries. [read post]
17 Oct 2021, 2:17 pm by admin
  The error has the potential to encourage carelessness in gatekeeping expert witnesses’ opinions for their reliance upon inadmissible studies. [read post]
11 Oct 2021, 7:59 pm by Cynthia Marcotte Stamer
  Companies that produce products used by the Department of Defense (DoD) may be required to comply with the minimum cybersecurity standards set by DFARS if those products aren’t commercially available off-the-shelf (COTS). [read post]