Power in Collaboration®
The Current Cumbersome System of Equipment Lease Documentation When it comes to booking equipment leases, with limited exceptions, the equipment leasing industry operates much like it did 25 years ago. At each step of the process, the lease transaction is evidenced by an exchange of hard documentation. This imposes an enormous amount of friction on… Read more »
Employers are obligated to provide employees with a workplace free from recognized hazards likely to cause death or physical harm. Doing so amid the pandemic goes beyond simply providing masks, gloves and other personal protective equipment. The provision of personal protective equipment is critically important, but it is only one component of an employer’s comprehensive… Read more »
Although there is currently no vaccine for COVID-19, pharmaceutical companies in the United States, Europe and China are working tirelessly to be the first to find the preventive. When a vaccine is ultimately developed, these world leading economies want to find themselves at the forefront to ensure access to their citizens. Owning the patent rights… Read more »
It is important to stay safe in these troubling and uncertain times, and that includes being wary of the many miracle cures, snake oil treatments, and flawed disease prevention products that do not deliver on their promised benefits to combat COVID-19. A myriad of products have been put into the market offering to diagnose, treat,… Read more »
Automobile insurance policies contain lots of coverages. The most important coverage that most insureds know nothing about is the underinsured motorist provision. As a result of not knowing about this coverage, many people are inadequately insured, even though they may believe they have “full coverage.” Here’s how underinsured motorist insurance coverage works. Let’s say that… Read more »
Shareholder Justin L. Weisberg was a co-author for updating “Chapter 22: Claims Handling, Mitigation, and Mediation” for The Construction Contracts Book, Annotated Analysis and Comparison of the AIA, ConsensusDocs, and EJCDC Contract Forms, Third Edition published by the American Bar Association in May. Click here to review additional details about the book. https://www.americanbar.org/products/inv/book/400620307/
In the ten years before COVID-19, the national and global economy, along with business optimism, steadily improved. Some businesses, of course, failed as competitive pressures or mistaken assumptions led to missed projections, blown covenants, loan defaults, and financial restructuring, if not outright liquidation. But a prudent ABL lender typically suffered little in a properly underwritten… Read more »
By Karuna S. Brunk We previously outlined the paid leave employee entitlements under the Families First Coronavirus Response Act (FFCRA). Sections 3105 and 5102 of the FFCRA specifically exempt certain employees who are health care providers or emergency responders from its paid leave and expanded family and medical leave benefits. The U.S. Department of Labor… Read more »
By: Margherita M. Albarello The COVID-19 pandemic has caused the U.S. Department of Labor (DOL) and the Internal Revenue Service (IRS) to issue a joint rule suspending employer and employee notice and election deadlines related to health care continuation under the Consolidated Omnibus Budget Reconciliation Act (COBRA) during the COVID-19 National Emergency “Outbreak Period.” Relatedly,… Read more »
Shareholder Vincent T. Borst has participated in a podcast interview for the Monitordaily’s e-newsletter. The e-newsletter delivers daily news and expert insights of the equipment finance market targeting over 12K industry professionals. Vince discusses how COVID-19 has accelerated the pace of digital adoption in the equipment finance industry, and how technologies such as blockchain and… Read more »