Whether Private Fund Sponsers May Compensate 3rd Parties
One practice question frequently raised by private fund sponsors, including exempt reporting advisers (“ERAs”), is whether they may compensate third…
Day: April 29, 2026
USAA, State Farm win as court narrows cooperation statute scope
The court acknowledged that the statute’s use of the word “cooperate” was ambiguous, since it could mean either the everyday…
Fourth Circuit Decision in DTSA and VUTSA Case
When confronted with defense arguments that the alleged misappropriation should have been discovered sooner with reasonable diligence and as such…
Colorado Supreme Court shields Hertz from bad-faith claims in split ruling
The insurance arrangement behind the supplemental coverage is where things get interesting for the industry. The actual policy was issued…
IRS Issues Guidance on OBBBA Changes to Educational Assistance Pr
On April 20, 2026, the Internal Revenue Service (IRS) issued new guidance on changes made by the 2025 One Big…
Amazon faces strict liability test after defective battery sparks $3.9M fire
Berkley Regional Insurance Company, which insured Zappa’s employer, Schnoeckers, Inc. (doing business as BI Worldwide), covered the loss and then did…