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HTMLSEC Holds Cybersecurity Roundtable
Ari Z. Moskowitz; Edwards Wildman Palmer LLP;
Legal Alert/Article
April 1, 2014, previously published on March 31, 2014
The U.S. Securities and Exchange Commission (“SEC”) held a Cybersecurity Roundtable discussion in Washington, DC Wednesday, March 26, 2014, at which representatives from the government and private sector, including publicly held corporations, market exchanges, investment advisors, and...

 

HTMLInternational Insurance Relations (G) Committee Spring NAIC Meeting
Zachary N. Lerner; Edwards Wildman Palmer LLP;
Legal Alert/Article
April 1, 2014, previously published on March 31, 2014
The International Insurance Relations (G) Committee (the “Committee”) Spring NAIC Meeting focused primarily on providing updates to efforts made in the international sphere by the NAIC. Commissioner Consedine of Pennsylvania gave an update on the International Association of Insurance...

 

HTMLRector Report has NAIC Moving Forward on PBR
Zachary N. Lerner; Edwards Wildman Palmer LLP;
Legal Alert/Article
March 25, 2014, previously published on March 24, 2014
On February 17, 2014, the NAIC Principle-Based Reserving Implementation (EX) Task Force opened for comment a report by Rector & Associates, Inc. (the “Rector Report”) regarding reserve financing transactions. The Rector Report includes a recommendation of Rector & Associates,...

 

HTMLFCC Issues Decision on Cable Systems Pay-By-Phone Convenience Charges, Rates for “Basic-Only” Equipment Rates, and Unbundling of Service and Equipment Rates
Seth A. Davidson, Arthur H. Harding; Edwards Wildman Palmer LLP;
Legal Alert/Article
March 24, 2014, previously published on March 2014
For the first time in several years, the Federal Communications Commission’s Media Bureau has issued a decision resolving a cable operator’s appeal of a local order regulating the cable operator’s rates. The appeal, which was brought by Comcast, addressed nearly identical rate...

 

HTMLMarch 2014 Pooling Results in Lower SBIC Debenture Rate
Alan B. Roth, Tamer Tullgren; Edwards Wildman Palmer LLP;
Legal Alert/Article
March 24, 2014, previously published on March 21, 2014
The March 2014 pooling of Small Business Investment Company (“SBIC”) debentures was priced at 3.191%. This most recent semi-annual pricing of SBIC debentures is a reduction from the September 2013 pooling, which was priced at 3.644%.

 

HTMLMassachusetts Appeals Court Finds That Policyholder’s Misrepresentations Limit Coverage
Alexander G. Henlin; Edwards Wildman Palmer LLP;
Legal Alert/Article
March 20, 2014, previously published on March 18, 2014
The Massachusetts Appeals Court has upheld a lower-court judgment severely limiting the amount of coverage available to a motor vehicle policyholder, writing that the policyholder’s failure to control who operated the car constituted a misrepresentation that invalidated coverage even in the...

 

HTMLSEC Announces Initiative for Self-Reporting Municipal Continuing Disclosure Non-Compliance
Richard A. Manley, Michael H. Meidinger, Walter J. St. Onge; Edwards Wildman Palmer LLP;
Legal Alert/Article
March 20, 2014, previously published on March 2014
On March 10, 2014, the Securities and Exchange Commission announced a new self-reporting initiative for issuers and underwriters of municipal securities. The so-called Municipalities Continuing Disclosure Cooperation Initiative (the “MCDC Initiative”) offers potentially favorable...

 

HTMLSenate Bill Would Allow Federal Reserve to Exclude Insurers From Dodd-Frank Consolidated Capital Requirements
Edwards Wildman Palmer LLP;
Legal Alert/Article
March 18, 2014, previously published on March 14, 2014
U.S. Senator Susan Collins (R-Maine) has introduced a bill, S.2012, in an effort to clarify the application of Section 171 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) to insurance companies. Section 171 (codified at 12 U.S.C. 5371) requires...

 

HTMLCopyright Office Planning To Conduct Webinar, Voluntary Trials For Its “E-Licensing” System For Filing Statements Of Account
Seth A. Davidson, Arthur H. Harding; Edwards Wildman Palmer LLP;
Legal Alert/Article
March 18, 2014, previously published on March 2014
The Copyright Office has been engaged in a multi-year, multi-million dollar project to develop an on-line system for cable operators to use in preparing and filing their semi-annual compulsory license statements of account (SOAs). Previously referred to as the “reengineering project,”...

 

HTMLThe Court of Appeal Says that Contractual Terms Limiting or Excluding Recoverable Damages Do Not Preclude Applicants for Interim Injunctive Relief from Arguing that Damages are Not an Adequate Remedy
Ellen Hughes-Jones, Akash Sachdeva; Edwards Wildman Palmer LLP;
Legal Alert/Article
March 18, 2014, previously published on March 2014
The Court of Appeal has, in the case of AB and CD [2014] EWCA Civ 229, recently had an opportunity to consider and address the proper approach to the grant of an interim injunction, in particular in relation to a claim for an alleged breach of contract where the contract contained a provision which...

 


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