News

No Saving Grace for Policyholders

By EsqSocial Corporation 10/02/20

In McHugh v. Protective Life Insurance, the California Court of Appeal held that a statute requiring 60-day grace periods for term life insurance policies did not apply retroactively....
By: Carlton Fields

Time for a Policy Checkup: Maximizing Insurance Coverage for Coronavirus Losses

By EsqSocial Corporation 10/02/20

The Situation: Declared a global health emergency by the World Health Organization, and with more than 17,000 cases already confirmed worldwide, preliminary estimates indicate that the latest coronavirus outbreak may not peak until late April 2020....

Airbus Settlement: Part 6 – The Investigation, the Remediation and Final Thoughts

By EsqSocial Corporation 10/02/20

Over the past several blog posts, I have been exploring the Airbus SE (Airbus) international anti-corruption settlement in some depth. One of the questions I have had and hopefully raised for readers is not why the overall fine and penalty was so...

Alternatives domiciled in Luxembourg outperform, draw attention outside EU

By EsqSocial Corporation 10/02/20

The growth of Luxembourg-domiciled alternative investment funds remains on an upward trajectory as they become increasingly attractive outside of the EU, Preqin showed. The average size of a private equity fund domiciled in Luxembourg has increased...

Financial Daily Dose 2.10.2020 | Top Story: Volvo May go Public Via Merger With Owner’s Geely Automobile Holdings

By EsqSocial Corporation 10/02/20

Volvo’s owner, Li Shufu, is mulling over a move to combine the carmaker with his publicly traded Geely Automobile Holdings—a play that would take Volvo public and “unify the bulk of billionaire Li’s growing stable of automotive brands.” It would also...

Big tech’s access to medical records

By EsqSocial Corporation 10/02/20

Recent high-profile news articles have drawn public attention to large technology companies’ access to medical information. As a result, health care entities need to prepare for questions about this topic and increased scrutiny of arrangements that...

NJ Enacts Elective Pass-Through Business Tax to Limit Federal Cap Impact on SALT Deduction

By EsqSocial Corporation 10/02/20

New Jersey recently enacted the “Pass-Through Business Alternative Income Tax Act,” which allows pass-through businesses with at least one member liable for the New Jersey gross income tax to make an election to pay income taxes at the entity level,...

Preqin, S&P Global collaborate to deliver data on alternative assets

By EsqSocial Corporation 10/02/20

Preqin and S&P Global Market Intelligence will work together to share data between their respective platforms. Preqin's coverage across all alternative asset classes will be available through S&P Global Market Intelligence's Datafeed products....

Philadelphia Salary History Ordinance Upheld by Court of Appeals

By EsqSocial Corporation 10/02/20

On Thursday, February 6, 2020, the Third Circuit Court of Appeals issued an order upholding Philadelphia’s Salary History Ordinance (the Ordinance). Philadelphia was an early adopter of legislation prohibiting inquiries into an applicant’s salary...

CSBS Will Oppose Any Federal Legislation That Preempts State Licensing and Supervisory Authority

By EsqSocial Corporation 10/02/20

The Conference of State Bank Supervisors (CSBS) President and CEO, John Ryan, recently announced the CSBS’s legislative priorities for state regulators this year. They include opposing any federal legislation that preempts state licensing and/or...

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