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The Calm Before the Storm Is the Time to Consider Insurance Coverage
There were no major hurricanes in 2013. Although the season was projected to be above average in terms of activity, this was the first Atlantic hurricane season without a major storm event through the month of November in over a decade. See Justin Bachman, In 2013 Hurricane Season, a Remarkable Calm Before the Next Storm, Business Week (Sept. 4, 2013). Even though many of the fiercest storms ' including Superstorm Sandy ' occurred later in the hurricane season and off-season storms can persist until December, at press time, the U.S. made it through an uneventful 2013 season with no Sandy, Irene, Katrina, or similar major storm event.
Regrettably, though, is only a matter of time before the next major storm strikes. And when they strike, these events, like other natural disasters, frequently cause widespread destruction of property, and major business interruption. Moreover, in an increasingly global economy in which virtually all organizations are part of, and dependent upon, product and service supply chains, disruptions caused by major storm events worldwide can and do cause a cascading and adverse impact on organizations throughout the supply chain.
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.