In Florida, an Appraisal Award May Be a Final Determination of Liability for a Bad Faith Case

In Florida, an Appraisal Award May Be a Final Determination of Liability for a Bad Faith Case

On several occasions the following insurance industry argument has been addressed on this blog: the insurance company argues that since a claim proceeded to the contractual alternative dispute resolution process of appraisal and that it paid the award amount, there cannot be a bad faith case brought against it since they claim they followed the policy. This has been a hot topic in the Florida property insurance industry in the last couple of years.

Note of Caution: Record Fines On 12 Japnese Auto Parts and Bearing Manufactures – Analysis of the NDRC’s Penalty Decision and Countermeasures of Companies

By | China Law Vision | August 27, 2014
Note of Caution: Record Fines On 12 Japnese Auto Parts and Bearing Manufactures – Analysis of the NDRC’s Penalty Decision and Countermeasures of Companies

Within six years of implementation of China’s Anti-Monopoly Law, the China’s law enforcement agency responsible for supervising price monopoly, the National Development and Reform Commission (“NDRC”) continues to strengthen its law enforcement efforts with rounds of “antitrust storm” that swept across a number of industries and companies along with record fines.

Discussing the Director Risks Posed by a UK Subsidiary

By | The D&O Diary | August 22, 2014
Discussing the Director Risks Posed by a UK Subsidiary

In the modern international business, it is common practice to have subsidiaries spread across the globe. The local subsidiary poses many advantages; allowing the business to meet local compliance requirements; insulate the rest of the group from local risks; and efficiently structure the tax burden of the local operation.