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Addressing the Costs of Medical Malpractice
In his State of the Union address, President Obama defended his signature health care reform law while acknowledging that further steps must be taken to reduce the significant proportion of spending devoted to health care. In a nod toward bipartisanship in this contentious debate, the President expressed a readiness to consider approaches that he had previously rejected. “I'm willing to look at other ideas to bring down costs, including one that Republicans suggested last year ' medical malpractice reform to rein in frivolous lawsuits.”
The President followed through on this pledge by including $250 million in his budget for grants to states from the Justice Department (DOJ) in order to implement tort reform measures in the area of medical malpractice. It is perhaps an indication that the President does not believe that any such new programs will actually save any money that his budget does not attribute any savings to this expenditure.
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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.
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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
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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.