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Adobe PDFFebruary 2014 Update on Federal Budget Sequestration Affecting Build America Bonds and Other Direct Pay Bonds
Joe E. Forrester, Christie Lombard Martin, Antonio D. Martini; Edwards Wildman Palmer LLP;
Legal Alert/Article
February 27, 2014, previously published on February 2014
On February 15, 2014, President Obama signed into law S. 25, An Act to ensure that the reduced annual cost-of-living adjustment to the retired pay of members and former members of the Armed Forces under the age of 62 required by the Bipartisan Budget Act of 2013 will not apply to members or former...

 

HTMLCompany to Pay $6.8 Million for HIPAA Breach
Tamara A. Klein, Leslie J. Levinson; Edwards Wildman Palmer LLP;
Legal Alert/Article
February 25, 2014, previously published on February 2014
Triple-S Management Corporation, a Puerto Rican insurance company, reports that the Puerto Rico Health Insurance Administration will impose a $6.8 million penalty stemming from the company’s subsidiary, Triple-S Salud, Inc. (TSS), violation of privacy and security rules under the Health...

 

HTMLCMS Proposed Cuts to Medicare Advantage Plans
Tamara A. Klein, Leslie J. Levinson; Edwards Wildman Palmer LLP;
Legal Alert/Article
February 25, 2014, previously published on February 2014
On February 21, the Centers for Medicare & Medicaid Services (CMS) released a proposal to decrease payments to Medicare Advantage plans by 3.6 percent in 2015. This decrease would impact more than 15 million people, or 30% of all Medicare beneficiaries, who are currently enrolled in Medicare...

 

HTMLClient Update on NV One, LLC v. Potomac Realty Capital, LLC.
Raymond M. Ripple; Edwards Wildman Palmer LLP;
Legal Alert/Article
February 25, 2014, previously published on February 2014
On February 18, 2014, in a case of first impression in Rhode Island, the Rhode Island Supreme Court rendered an opinion in NV One, LLC v. Potomac Realty Capital, LLC holding that usury savings clauses ¿ provisions commonly found in loan agreements ¿ are void against public policy and...

 

HTMLEffective Anti-Money Laundering Policies: Essential for All Financial Institutions
Stephen G. Huggard, Haley Morrisson; Edwards Wildman Palmer LLP;
Legal Alert/Article
February 24, 2014, previously published on February 19, 2014
More than ever before, financial institutions must have effective anti-money laundering policies. In his recent speech to the Association of Certified Anti-Money Laundering Specialists, U.S. Attorney for the Southern District of New York Preet Bharara emphasized that enforcing the Bank Secrecy Act...

 

HTMLFCC Intends To Propose New Net Neutrality Rules
Seth A. Davidson, Craig A. Gilley, Arthur H. Harding, Ari Z. Moskowitz; Edwards Wildman Palmer LLP;
Legal Alert/Article
February 24, 2014, previously published on February 2014
FCC Chairman Tom Wheeler issued a statement on February 19 announcing that the FCC will not appeal a January 14 court decision from the D.C. Circuit Court of Appeals striking down most of the FCC’s net neutrality rules (see Edwards Wildman Client Advisory, January 2014 - D.C. Circuit Strikes...

 

HTMLIBM Wins first New gTLD URS Case
Martin Henshall; Edwards Wildman Palmer LLP;
Legal Alert/Article
February 24, 2014, previously published on February 17, 2014
IBM has been successful in the first ever decision under the Uniform Rapid Suspension (URS) system against domain names registered using new top level domains.

 

HTMLRecovering Corrupt Assets - are Private Civil Proceedings the Best Route? The Case of Libya
James Maton, Antonio Suarez-Martinez; Edwards Wildman Palmer LLP;
Legal Alert/Article
February 24, 2014, previously published on February 18, 2014
Governments that have identified the proceeds of corruption located abroad have a number of criminal and civil mechanisms available to recover them. The traditional and perhaps ideal approach is obtaining a domestic criminal conviction against the wrongdoer followed by a confiscation order which is...

 

HTMLNew York’s Highest Court Holds that Breach of Duty to Defend does not Prevent Insurer from Relying on Policy Exclusions to Dispute Duty to Indemnify
Gregory D. Pendleton; Edwards Wildman Palmer LLP;
Legal Alert/Article
February 21, 2014, previously published on February 20, 2014
New York’s highest court has reversed itself on an important duty to defend opinion. In K2 Inv. Group, et al. v. Am. Guar. & Liab. Ins. Co., (Feb. 18, 2014), the Court of Appeals held that an insurer which breaches its duty to defend does not lose its right to rely on policy exclusions as...

 

HTMLSingapore Court Of Appeal Upholds Ruling on Legal Entitlement to Assets of Deposed Philippines Premier, Ferdinand E Marcos
Annie Clarke, Antonio Suarez-Martinez; Edwards Wildman Palmer LLP;
Legal Alert/Article
February 17, 2014, previously published on February 14, 2014
In 1986, the President of the Philippines, Mr Ferdinand E. Marcos, was deposed by a non-violent coup later popularised as the ‘People Power Revolution’. During his tenure, Mr Marcos, his family and close associates are alleged to have illicitly looted public assets to amass a huge...

 


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