The New Jersey high court's ruling Thursday that National Union doesn't have to show it was harmed by a policyholder's late notice of a lawsuit in order to deny coverage sends a "warning call" to insureds to carefully comply with their policies' notice provisions, but attorneys say the decision's Continue Reading
Wills & Estates: Control How Your Assets Will Be Distributed
Many people put off making a will, convinced that such documents are for older folks who are nearing the end of their lives. In fact, statistics show that more than half of Americans currently have no will or other estate plan in place, which means if they were to die tomorrow, someone else would Continue Reading
How To Assess Worker Performance Without Inviting Lawsuits
Effective employee evaluations are a crucial part of maintaining a successful business, but if not conducted carefully they can expose an employer to discrimination claims. "Employers certainly need to have a way to evaluate employees, train them and give them an opportunity to improve," said Continue Reading
Attorneys React To High Court ERISA Reimbursement Ruling
The U.S. Supreme Court ruled Wednesday in Montanile v. Board of Trustees of the National Elevator Industry Health Benefit Plan that a retirement plan cannot sue under the Employee Retirement Income Security Act for reimbursement of medical expenses from a third-party settlement that a plan Continue Reading
Attys React To High Court Taking Up Immigration Action Case
The U.S. Supreme Court agreed Tuesday to hear the federal government's appeal of a decision that blocked President Barack Obama's executive actions on immigration. The court also asked the federal government and states involved in the case to weigh in on whether the executive action guidance runs Continue Reading
Why PE Lawyers Should Expand Their Client Base In 2016
With experts predicting a robust year for private equity deal-making thanks to runoff from last year's megadeals and an overall positive outlook, attorneys should branch out when seeking new clients because the rise of nontraditional investors with the ability to truly compete for assets will only Continue Reading
Is Filing a Patent Worthwhile?
Have you ever thought about getting a patent for an idea or invention? The process is expensive, so you should make sure that you are spending your money wisely. I asked several knowledgeable sources about the patent process and these are the key responses I received. New restrictions. Erik Continue Reading
Megadeals of 2015 To Incite Midsized Asset Feeding Frenzy
After a record-breaking year for mergers and acquisitions fueled by a multitude of megadeals, attorneys expect a wave of midsized transactions to dominate 2016 as the companies involved in 2015’s largest deals seek to shed assets to gain regulatory approval and ditch business units that no longer Continue Reading
Newark Partnership’s New Chairman Hopes to Continue Its Momentum
From bringing in new members to engaging a new mayor to launching a program to help foster young entrepreneurs, leaders with the Newark Regional Business Partnership feel they have taken a major step forward over the last two years. Now, the organization is looking to keep that momentum going as Continue Reading
Wilmington Trust Indicted For Allegedly Concealing Bad Loans
Wilmington Trust Corp. was indicted on Thursday on federal charges that it hid hundreds of millions of dollars’ worth of overdue loans from investors and authorities, joining four of its former executives who are already facing criminal charges. Four former Wilmington Trust officers have been Continue Reading