BANKRUPTCY COURT – If Debtor is Solvent, Default Interest and ‘Make-Whole’ Contract Provisions are Enforced With the impending onslaught of bankruptcies, now is the time to consider the terms in your agreements with those who owe you money. A recent bankruptcy in Texas confirms that: Contract default judgment terms...
REMINDER: CAL/OSHA REQUIRES EMPLOYERS TO POST 2020 ANNUAL SUMMARY OF WORK-RELATED INJURIES AND ILLNESSES BY FEBRUARY 1ST While we would like to eloquently summarize this for you again, the CA Department of Industrial Relations issued a release that does it quite well: If there are problems with how this message...
Bankruptcy: New U.S. Supreme Court Case on Automatic Stay Holding Property To Maintain Status Quo Does Not (Necessarily) Violate Automatic Stay: Bankruptcy courts in most jurisdictions have held over the years that merely keeping property of a debtor after the debtor filed a bankruptcy petition violated the automatic stay provisions...
COVID 19: Business Interruption Insurance Coverage Update Insurers for shuttered businesses have almost uniformly denied claims for business interruption. But, insureds across the country have challenged the denials. Those lawsuits are starting to come to conclusion and while judges have sided with the insurance companies in many cases, restaurants in...
CALIFORNIA IS AT THE FOREFRONT OF U.S. PRIVACY LAWS Californians passed Proposition 24, a Consumer Personal Information Law and Agency Initiative. The law requires extra compliance and requires a company to publish retention periods for various kinds of personal data captured by the company. The new law also gives consumers...
Bankruptcies are on the Rise Do Not Violate the Automatic Stay or Discharge Injunction The American Bankruptcy Institute issued a report on October 29th that indicated that as stimulus checks and other forms of temporary relief run out, experts are projecting an increase in personal bankruptcy filings, which have so...
Help Your Heirs or Estate Representative Digital Accounts All of us rely on digital devices and online account access, such as sharing family photos, social media, email, cell phone and computer, banking, bill pay, bitcoin, etc. Now imagine what will happen after you’re gone. Will your loved ones be...