Along with the advent of the electronic age has come an unexpected side effect—a new form of bullying known as “electronic aggression” or “cyberbullying” that poses new coverage issues for policyholders and insurers alike. As may pertain to coverage issues, the Centers for Disease Control and Continue Reading
Tax Alert: Qualified Small Business Stock Tax Incentives Made Permanent
What happened? On December 18, Congress passed and the President signed into law the Protecting Americans from Tax Hikes Act of 2015 (the “PATH Act”), a measure that, among other things, retroactively renews, extends and makes permanent certain tax incentives that expired on December 31, 2014. Of Continue Reading
Assessing the Conduct of Trustees Who Act as Business Managers
The owner of a successful small business seeks to establish a succession plan. He has high aspirations for his family and great hope that his business will survive for generations. However, he is not yet prepared to leave his business to his children outright in the event of his demise. Perhaps his Continue Reading
Plaster of Paris: US Companies Get Wrapped in EU Data Privacy Rules
Have any data on people in the UK or France? New EU data privacy rules will be setting de facto global standards that will apply to US companies, like it or not. Europe’s lawmakers have given a preview of the new General Data Protection Regulation, which will give European citizens Continue Reading
Municipalities are Policyholders Too: A Review of Unique Insurance Coverage Issues Faced By Cities and Towns
Brent Huber authored "Municipalities are Policyholders Too: A Review of Unique Insurance Coverage Issues Faced By Cities and Towns" for the Coverage Journal. Continue Reading
Civil Rules Roundtable: Proportion – Not Perfection
The overhaul of Rule 37(e) is intended to address the unintended consequence of what has been described as “massive and costly over preservation.” While it will take time to see how courts apply the amended rules, corporate litigants are hopeful that the amendments will curtail the burgeoning costs Continue Reading
Court Extends Kemper Insurance Company’s Contingent Claims Filing Deadline
On November 2, 2015, the Circuit Court of Cook County, Illinois, entered an order granting a one-year extension of the deadline for filing proof of liquidation of an insured’s contingent claim for losses associated with insurance policies issued by Lumbermens Mutual Casualty Company, American Continue Reading
Expanding Cybersecurity Safeguarding Requirements, Reporting Obligations, and Cloud-Based Security: A Brief Guide to Understanding DoD’s Interim Rule for Contractors
The United States Department of Defense promulgated an “interim” rule, effective August 26, 2015, which placed imposing and costly burdens on all DoD contractors and subcontractors (including small businesses and commercial item contractors) in the areas of cybersecurity and cloud-based security. Continue Reading
Food and Beverage Industry Target of New Supply Chain Composition and Disclosure Suits. Are You Covered?
As if risks relating to product recalls, product labeling, and food contamination were not enough, the food and beverage industry now faces potential liability in connection with the alleged composition of its global supply chains. In recent months, several putative class actions have been filed in Continue Reading
SEC (Finally) Adopts New Equity Crowdfunding Rules, Promoting Increased Access to Capital and Democratization of Investment Opportunities
Late last week, the SEC adopted its final rules for equity crowdfunding under Title III of the JOBS Act. These rules, when implemented, have the promise of reducing the cost and increasing the availability of sorely needed capital for the early-stage and emerging growth companies that fuel our Continue Reading