An industry colleague ran into a situation today where a financial advisor is recommending that the plaintiffs take cash and purchase a SPIA in lieu of receiving a structured settlement and called to ask me for my thoughts. A Single Premium Annuity Contract or "SPIA" is a contract between a person ...

Below is a Reuter’s article about the first Bear Stearns High Grade Fund arbitration case won by an investor. John Rich and Ross Intelisano of Rich & Intelisano, LLP were lead trial counsel and Jake Zamansky and Ted Glenn of Zamansky & Associates were co-counsel. "Investor in Defunct Bear Fund Win ...

The Freedom of Information Act (FOIA) is designed to ensure public access to government records. But should inmate FOIA requests be honored to the same extent? Connecticut is at the center of a heated debate around whether state law should allow prison inmates to access to personal information, whi ...

On Monday, Health and Human Services Secretary Kathleen Sebelius asked California's largest for profit health insurance provider, Anthem Blue Cross, to send a letter detailing what she termed an "extraordinary" rate hike proposed for California customers. Blue Cross is owned by parent company Well P ...

Yesterday, four entities affiliated with major San Francisco landlord CitiApartments and its owners, the Lembi family, filed for chapter 11 protection in the Northern District of California. The four entities are Hermann Street DE, LLC; LRL Citi Properties I DE, LLC; Trophy Properties I DE, LLC; a ...

Judgment enforcement is a tricky thing. It's even harder when there are multiple creditors going after the same pot of money. In the case of Full Throttle Films, Inc. v. National Mobile Television, creditor Full Throttle tried to collect ~$400k....

In October, we mentioned that the giant department store, Macy's, was having some trouble disposing of its sensitive documents. Reports surfaced that internal documents, some of which included the Social Security numbers of Macy's customers, were being disposed of on the streets of St. Louis, in lid ...

By –       Kurt R. Karst Two recent rulings out of the U.S. District Court for the Eastern District of Pennsylvania stemming from allegations about antitrust violations from the submission of citizen petitions have once again raised the issue of so-called “sham” citizen petitions and, insofa ...

Since the advent of iPhone applications in July, 2008 over 134,000 iPhone applications have become available at the Apple App Store. Over 3 billion of such applications for news, information, entertainment, and more have been downloaded by iPhone users. With ESPN, The New York Times, Facebook, Li ...

By: JORDAN ROBERTSON AP Technology Writer Deep inside millions of computers is a digital Fort Knox, a special chip with the locks to highly guarded secrets, including classified government reports and confidential business plans. Now a former U.S. Army computer-security specialist has devised a wa ...