Insights
Member, Harlan Louis and Jackie Jacobs, executive director emeritus at the Columbus Jewish Foundation were recently asked by Columbus Jewish News to explain the nuances of nonprofit estate plans and how to best guide donors through the process of charitable... Read More
Although some young adults may not have any children or real estate, all young adults need to think about who they want to designate as decision-makers if they pass away or cannot make decisions for themselves. All young adults should... Read More
It goes without saying that the existence of a “claim” is a fundamental requirement to claims-made coverage, and what falls within the scope of a particular policy’s definition of a “claim” is a question that frequently arises in D&O coverage... Read More
Every state in the U.S. has some form of an unclaimed property law (“UPL”). State UPLs generally require businesses that are holding property due and owing to another (i.e. usually money) to hand over that property to the appropriate state... Read More
Over the past several decades, pharmaceutical companies have emerged as favored targets for securities class actions. As a result of that trend, the stakes are high for D&O insurers as well as pharmaceutical companies seeking to purchase D&O coverage. This... Read More
The D&O claims environment is now in an unusually uncertain state. Record high inflation, interest rate increases, supply chain disruptions, tight labor market, the collapse of several large crypto firms, and higher fuel costs, as well as the prospects of... Read More
July 2021 Taxpayers whose property tax valuation was affected by the COVID-19 pandemic have a unique but limited opportunity to challenge their valuation. Senate Bill 57 was signed into law on April 27 by Governor DeWine and will take effect... Read More
This month's Client Alert asks Delaware-incorporated companies to be on the lookout for formal invitations to enter into Delaware's Voluntary Disclosure Program ("VDA Program"). The failure to respond to the VDA Program invitation could result in an unclaimed property audit.... Read More
Estate plans should be all-encompassing. This can include cars, homes, stocks and even digital assets. But another thing estate owners should consider is their beneficiaries, especially if they are minors. According to Dan Goldfarb, a financial adviser at Resource Strategies... Read More
Safe Harbor for Borrowers Who Received PPP Loans in Principal Amount Less than $2 Million On May 13, 2020, the SBA issued its much anticipated guidance (copied below) as to how the SBA will evaluate whether applicants for a CARES... Read More
Material Considerations that Should be Evaluated by All Borrowers under the Paycheck Protection ProgramSummary: This week is a very important week for borrowers ("borrower(s)") under the Paycheck Protection Program ("PPP") as the May 14 deadline to return PPP Loan proceeds... Read More
Paid Leave Bill Passed by House and SenateThe Families First Coronavirus Response Act (HR 6201) passed Congress with bipartisan support and was signed by President Trump on March 18th. Paid Leave Bill Passed by House and Senate The Families First... Read More