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NJ Clarifies Rule on Apportionment of Defense Costs
When an insurer is called upon to reimburse a policyholder for defense costs, New Jersey law limits the insurer's obligation to reimbursing only the costs of defending covered claims. If both covered and non-covered claims are involved, the parties and the court must apportion the total costs between those that can be reimbursed and those that cannot. New Jersey courts were vague about how such an apportionment must be performed. A panel of the Appellate Division, however, recently made an effort to establish a usable test for the apportionment of defense costs.
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.