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Document(s) published by this organization: 46
Show: results per page Sort by:  | Policyholders Beware: Insurers’ Relying on Anti-Concurrent Causation Clauses to Defeat Coverage in the Aftermath of Superstorm
Joseph D. Jean, Steven Morris; Lowenstein Sandler LLP;
Legal Alert/Article April 5, 2013, previously published on April 2, 2013 To the dismay of most New York business owners who suffered property damage from Superstorm Sandy, insurers are taking the position that only flood losses occurred and businesses that did not pay an additional premium for flood coverage are not covered.
| | Superstorm Sandy: You May Still Be Entitled to Coverage, Even if Your Business Did Not Have Flood Insurance
Lowenstein Sandler LLP;
Legal Alert/Article March 12, 2013, previously published on February 28, 2013 Superstorm Sandy devastated the East Coast last October, causing more than $70 billion in damage to New York, New Jersey and Connecticut. Thousands of businesses suffered extensive property damage to their buildings, contents and inventory. Still more suffered loss of revenue and business...
| | Changes to New Jersey Unfair Claims Settlement Practices Act Would Rewrite Bad Faith Law to Deter Insurer Misconduct
Lowenstein Sandler LLP;
Legal Alert/Article March 8, 2013, previously published on March 7, 2013 Ostensibly responding to Superstorm Sandy, the New Jersey legislature is considering a broad change to the law addressing bad faith and unfair conduct by insurers. If the bill becomes law, it will represent a significant and policyholder-friendly change in the law governing insurer conduct.
| | Innovative Solutions Must Be Applied to Fronting Insurance and Collateral Problems in Bankruptcy
Lowenstein Sandler LLP;
Legal Alert/Article March 8, 2013, previously published on March 6, 2013 Large businesses and organizations that self-insure their legally mandated insurance requirements often use “fronting” policies in which the policyholder must reimburse insurers for all losses and expenses paid on the policyholder’s behalf. These policyholders must furnish...
| | Treasury Releases Final FATCA Regulations
Richard J. Horne, Christina M. Iafe, Brian A. Silikovitz; Lowenstein Sandler LLP;
Legal Alert/Article February 18, 2013, previously published on February 14, 2013 On January 17, 2013, the U.S. Treasury Department released final regulations implementing sections 1471 through 1474 of the Internal Revenue Code (the “Code”), commonly known as the Foreign Account Tax Compliance Act or “FATCA.”
| | Sandy Claims Likely to Test Examination under Oath Provisions in Property Insurance Policies
Lynda A. Bennett, Andrew S. Zimmerman; Lowenstein Sandler LLP;
Legal Alert/Article February 15, 2013, previously published on February 13, 2013 In the months ahead, disputes are likely to increase over insurance companies’ requests for an “examination under oath” (EUO) for Superstorm Sandy claims. Policyholders need to know that there are limits to how much information they must supply.
|  | New Jersey Enacts Tax Credit for Angel Investors
Richard J. Horne, Andrew A. Segna, Brian A. Silikovitz; Lowenstein Sandler LLP;
Legal Alert/Article February 14, 2013, previously published on February 2013 On January 31, 2013, Governor Chris Christie signed into law the New Jersey Angel Investor Tax Credit Act (the “Act”), which is intended to incentivize investment in New Jersey technology businesses. The Act provides tax credits retroactively to January 1, 2012, for investments in...
| | FTC Releases “Best Practices” for Mobile Privacy
Justin G. Chan, Mary J. Hildebrand; Lowenstein Sandler LLP;
Legal Alert/Article February 14, 2013, previously published on February 12, 2013 On February 1, the FTC issued Mobile Privacy Disclosures, Building Trust Through Transparency: A Federal Trade Commission Staff Report, which recommends best practices regarding mobile privacy for key stakeholders in the mobile space. The report represents an effort to reconcile the...
| | NLRB Decisions Heighten Need for Employers’ Strong Social Media Policies
Julie Levinson Werner; Lowenstein Sandler LLP;
Legal Alert/Article January 28, 2013, previously published on January 24, 2013 Recent National Labor Relations Board (NLRB) decisions have made it clear that employees’ comments on social media sites may be protected activities. Consequently, it’s more important than ever for employers to have clear workplace social media policies and seek counsel before...
| | Governmental Actions That May Assist Insurance Recovery for Superstorm Sandy Claims
Lynda A. Bennett, Andrew S. Zimmerman; Lowenstein Sandler LLP;
Legal Alert/Article January 18, 2013, previously published on January 15, 2013 Following the widespread destruction caused by “Superstorm Sandy,” the governors of New York and New Jersey declared states of emergency and issued numerous emergency executive orders and directives. Some of these orders have a direct impact on the ability of policyholders to recover...
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