On July 14, 2022, the Superior Court of New Jersey, Appellate Division, issued an opinion in Monk v. Kennedy University Hospital, Inc. that considered whether the New Jersey legislature intended to apply the minority tolling provision in N.J.S.A. 2A:14-2(a) to the state’s Wrongful Death Act.
Read moreThe Russia-Ukraine conflict has far-reaching implications for the insurance industry and for insurers and insureds alike. Many corporate policy holders around the world have withdrawn or scaled back operations with Russia and/or Russian-based corporations.
Read moreHealthcare companies may need to be mindful that the federal government has started investigating and prosecuting referral-based arrangements for private insurance claims under the Travel Act and the Eliminating Kickbacks in Recovery Act.
Read moreIn March 2022, in response to Russia’s actions in the Ukraine conflict, the Biden Administration along with the governments of Austria, Canada, Germany, France, Italy, Japan, the United Kingdom, and the European Commission created the Russian Elites, Proxies, and Oligarchs (REPO) task force. The REPO task force – consisting of the justice and finance ministers in each member nation – have seized or begun forfeiture proceedings with respect to more than $30 billion worth of assets.
Read moreA federal judge in the U.S. District Court for the Northern District of West Virginia has dramatically changed the landscape for employers to litigate against personal injury and wrongful death claims by employees. In a recent matter, the plaintiff brought a deliberate intent action under West Virginia Code § 23-4-2 against his employers for injuries that he allegedly suffered while working as a coal miner. He contended that the injuries were caused by unsafe workplace and dangerous mining activities.
Read moreOn July 22, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued two new Russia-related General Licenses (GLs) authorizing certain financial transactions that are otherwise prohibited under U.S. sanctions laws and regulations. These general licenses grant U.S. persons and financial institutions greater latitude in settling Russian foreign sovereign debt through the wind down of agreements and participation in a credit default swap auction, respectively. The new measures follow Russia’s alleged default on a sovereign bond in June 2022 (caused by payment in rubles rather than U.S. dollars) and will help U.S. investors wind down their financial commitments and settle certain credit default swaps.
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