COVID keeps impacting markets in unanticipated ways. Most recent reports are a sharp upwards spike in director D&O insurance premiums. Some brokers report average increases in the US as between 60% and 74%. Drivers: risk of litigation based on COVID, … Continue reading
Category Archives: The Law
As I sit at my computer writing this post, I have at my side a single-spaced 187 page document listing in very brief summary all identified US court cases relating to COVID 19 — 1,522 of them. This data grows … Continue reading
Today’s Wall Street Journal carries an op-ed by the two senior directors of the Harvard Program on Corporate Governance, which is both fascinating as to how corporations are managed and vital to an understanding of the job of a corporate … Continue reading
Seems we have been awaiting the death of LIBOR for years, and this benchmark measure of applicable interest rates in loans formally expires at the end of 2021. Of course, credit facilities entered into today quite often extend beyond that … Continue reading
In days of pandemic, social unrest, global warming, ESG and demands for social justice, companies are finely attuned to their public relations image. Both through direct advertising and the usual output during proxy season, companies try to find the right … Continue reading
I thought I had read something about every aspect of COVID’s tax impact on businesses and individuals, until the morning’s receipt of a tax alert from my own firm’s inside CPA firm. Consider this a shameless plug for going to … Continue reading
Sometimes, in order to give yourself a complete “free pass” in making a decision under a contract, you will provide that you may reach that decision “in the party’s sole discretion, with or without cause.” Does that work? Circumstances vary … Continue reading
Seems these days that everything written has to do with Coronavirus. Whether this proves to be an earth-shattering event remains to be seen. If you are in business, you no doubt deal with a variety of contracts. Many contain what … Continue reading
The problem with some nonprofits is that they lose sight of their mission. The obligation of a nonprofit board is to pursue the mission, not necessarily to preserve the nonprofit entity itself at all costs. This and other nonprofit issues … Continue reading
Everyone knows Boston traffic is gridlocked and public transportation does not perform. Current ambitious State plans to fund public transportation, by an $18Billion bond offering, presently are pending in the Legislature. According to an expert panel convened by the National … Continue reading