Insights
This client alert discusses pending legislation in the New Jersey legislature affecting gift cards. Introduced on June 16, 2014, Senate Bill No. 2235 (the "Bill") aims to eliminate New Jersey's zip code collection requirement for gift card purchasers currently slated... Read More
Ohio House Bill 479, which was recently signed into law by Governor Kasich, permits the creation of a new type of trust in Ohio, the "Legacy Trust", allowing an individual to more effectively shield assets from future creditors.Historically, if you... Read More
Ohio Governor Mike DeWine recently signed Senate Bill 246, which will save many Ohio taxpayers thousands of dollars in federal income tax. Senate Bill 246 (the “Bill”) functions as a workaround to the $10,000 state and local tax (SALT) itemized... Read More
Ohio Governor Mike DeWine recently signed Senate Bill 246, which will save many Ohio taxpayers thousands of dollars in federal income tax. Senate Bill 246 (the “Bill”) functions as a workaround to the $10,000 state and local tax (SALT) itemized... Read More
In the fall of 2011, the U.S. Treasury Department's Financial Crimes Unit (FINCEN) passed a rule that affects gift cards issued by retailers. The Prepaid Access Rule requires providers and sellers of "prepaid access" such as stored value cards, gift... Read More
The following sets forth an overview of the liabilities and potential damages for violations of the Ohio Securities laws. Read More Read More
Side A policies afford the ultimate backstop protection for directors and officers. Extraordinarily broad coverage terms and limits of liability dedicated to only the insured persons provide strong assurance to directors and officers that their personal assets will be protected... Read More
One of the most important provisions in a directors and officers liability insurance policy is the Application severability clause. Such a provision determines in large part the extent to which coverage for a director or officer may be jeopardized by... Read More
For nearly 100 years, the U.S. antitrust laws have prohibited a person from serving as a director or officer of two or more large companies which compete. Read More Read More
The monitoring of a company’s corporate compliance program has long been viewed as an important part of the directors’ oversight responsibilities. An effective compliance program can reduce many of the company’s greatest risks, reduce the severity of claims and penalties... Read More
Defense costs in D&O claims continue to increase dramatically, particularly in class actions alleging violations of federal securities laws. There are many reasons for this increase, but one of the primary reasons is the defendant insureds’ failure, for whatever reason,... Read More
Cyber risks have become a major potential loss exposure for most corporations. Although nonexistent just a few years ago, most companies today are vulnerable to a growing list of threats relating to technology misuse. Not surprisingly, as businesses have become... Read More