Proposed Changes to Section 1202 Seek to Introduce a Temporary Full Exclusion for Gain from Disposition of Certain Small Business Stock

The proposed changes to the Internal Revenue Code section 1202 could increase interest in investments in small business stock. Section 1202 of the Internal Revenue Code provides a special partial exclusion from gross income for individual taxpayers of gain from the sale or exchange of qualified...

To Encourage Investment, Small Business Jobs Act Includes Short-Term Full Exclusion from Gross Income of Gain from QSBS

By Julia D. Corelli and Laura D. Warren On September 27, 2010, President Obama signed into law the Small Business Jobs Act of 2010 (H.R. 5297), which included among many other provisions, a short-term 100 percent exclusion (subject to per issuer limitations) from gross income of gain derived...

Goldgerg Segalla’s Reinsurance Review – January, 2011

IN THIS MONTH'S EDITION: Court Concludes that Arbitration Clause is Broad Enough to Cover Dispute District Court Concludes that Insurer Has Right To Intervene In Suit by Policyholder To Obtain Proceeds Of Judgment From Reinsurer District Court Granted Summary Judgment to Insurer on Rescission...

  • 05-02-2011 | 14:03 PM
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CaseWatch: Insurance - Decisions from The Insurance and Reinsurance Report - March 2011

Lexis.com subscribers may access the enhanced versions of the cases above. Non-subscribers may access the free, unenhanced versions on lexisONE , if available. Actions and Proceedings Kartman v. State Farm Mutual Automobile Insurance Company 634 F.3d 883 [ Lexis.com / LexisONE ] (7 th Cir. Ind...

CaseWatch: Insurance - Decisions from The Insurance and Reinsurance Report - March 2011

Lexis.com subscribers may access the enhanced versions of the cases above. Non-subscribers may access the free, unenhanced versions on lexisONE , if available. Actions and Proceedings Kartman v. State Farm Mutual Automobile Insurance Company 634 F.3d 883 [ Lexis.com / LexisONE ] (7 th Cir. Ind...

McCarter & English on Fifth Circuit Panel Affirms Award of Lost Business Income Based on Post-Loss Economic Conditions

By Mark D. Villanueva, Associate, McCarter & English, LLP The Fifth Circuit Court of Appeals in Berk-Cohen Assocs. v. Landmark Am. Ins. Co. , 2011 U.S. App. LEXIS 14911 (5th Cir. July 20, 2011) recently considered whether an insured may recover for business interruption losses based on a post...

Five Recent Workers’ Comp Cases You Should Know About (10/21/2011) –Termination of Claimant for Failing to Provide Immediate Notice of Injury Upheld Over State’s 30-Day Time Period

Larson's Spotlight on Workers' Comp Evidence in Social Security Disability Proceeding, Termination for Failure to Provide Notice of Injury, Workers' Comp Exclusion in UIM Policy, Employee Fraud, and Immigration Status and Suspension of Benefits. Larson's surveys the latest case developments...

Five Recent Workers’ Comp Cases You Should Know About (10/21/2011) –Termination of Claimant for Failing to Provide Immediate Notice of Injury Upheld Over State’s 30-Day Time Period

Larson's Spotlight on Workers' Comp Evidence in Social Security Disability Proceeding, Termination for Failure to Provide Notice of Injury, Workers' Comp Exclusion in UIM Policy, Employee Fraud, and Immigration Status and Suspension of Benefits. Larson's surveys the latest case developments...

Sweet Defective-Home Alabama: Supreme Court Addresses The “Occurrence” Issue

"Sub-Contractor" Exception Applies - But Not To A Sub-Contractor's Own Work Randy J. Maniloff, White and Williams, LLP Last month I was in Las Vegas where I had the privilege of speaking at the CPCU Society's Annual Meeting (and paying $9 for a Diet Coke at a restaurant - Really...

McCarter & English LLP on Travelers Property Cas. Co. of Am. v. Mericle and Colony Ins. Co. v. Mid-Atlantic Youth Services Corp., Third Circuit Affirms Lack of Coverage for Pair of Judicial Kickback Cases

By Anne Matthews, Associate, McCarter & English, LLP Robert Mericle and Mericle Construction Company (collectively, "Mericle") along with Robert Powell and Mid-Atlantic Youth Services Corporation (collectively, "MAYS") were each sued in connection with a kickback scheme wherein...

No Coverage For Participant In Drag Race

By Barry Zalma, Attorney and Consultant "Chutzpah" - Filing Suit for Speed Contest Injuries The danger of operating a motor vehicle in a race on city streets is obvious and well known. No insurer writes an insurance policy against injuries caused by participation in such a dangerous risk...

Texas Court Considers Application of Action Over Exclusion In Construction Injury Claim

n its recent decision in Preferred Contrs. Ins. Co. Risk Retention Group v. Oyoque Masonry, Inc., 2013 U.S. Dist. LEXIS 105386 (S.D. Tex. July 26, 2013) [ enhanced version available to lexis.com subscribers ], the United States District Court for the Southern District of Texas had occasion to consider...

Bordering on Failure: Canada-U.S. Border Policy and the Politics of Refugee Exclusion

"The Harvard Immigration and Refugee Clinic (HIRC) released today a comprehensive report titled Bordering on Failure: Canada-U.S. Border Policy and the Politics of Refugee Exclusion . The result of extensive research and fact-finding investigations led by HIRC affiliates Dr. Efrat Arbel (SJD '12...

Ask Liza: Excluding Someone From Your Will

By Liza Weiman Hanks Dear Liza: I am helping my friend make a Will. It’s very simple, with one heir. She wants to make sure her brother, who is her only living relative and from who she has been estranged from since they left home (she’s 75 ) is not able to challenge the Will. She wants...

World Cup: Soccer And Insurance Coverage

The World Cup is in full swing. So that can mean only one thing – the entire planet coming together, with a shared purpose of cheering on their national soccer team, in a spirit of competition and good will. Well, yeah, but I was thinking more like it means that I ponder whether any coverage cases...