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Med Mal News
Actuaries Contend Report on Insurance Is Flawed
The Medical Malpractice subcommittee of the American Academy of Actuaries (AAA) called into question the validity of a report commissioned by the Center for Justice and Demo-cracy, and issued in July 2005, that blamed the bulk of any medical malpractice insurance crisis on the insurance industry. The report, “Falling Claims and Rising Premiums in the Medical Malpractice Insurance Industry,” was characterized in an AAA statement as “incomplete, actuarially unsound and misleading.” The group's statement noted that, “Historically, the subcommittee has not commented on individual medical liability studies,” but that its public response to the report, “is an exception because of the public attention [the report] has received, the apparent credibility ascribed to its conclusions and, in our view, the poor quality of the analysis.” Before relying on the report, the AAA recommends users seek advice from a qualified actuary.
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Bankruptcy Sales: Finding a Diamond In the Rough
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.
Judge Rules Shaquille O'Neal Will Face Securities Lawsuit for Promotion, Sale of NFTs
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.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
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?
Blockchain Domains: New Developments for Brand Owners
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.
Coverage Issues Stemming from Dry Cleaner Contamination Suits
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.