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 ...

http://www.abanow.org/wordpress/wp-content/themes/ABANow/wp-content/uploads/resolution-pdfs/MY2010/summaries/104-adopted.pdfThe accompanying 21-page full report on the reasons for the recommendations is available at: http://www.abanow.org/wordpress/wp-content/themes/ABANow/wp-content/uploads/resolut ...

By Elliot Schlissel, New York Criminal Defense / Civil Litigation Attorney The United States Court of Appeals for the Ninth Circuit recently ruled that the use of a taser stun gun by a police officer can be considered, under certain circumstances, excessive force which leaves the police officer o ...

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 White House this week released the report, "Growing America’s Fuel." The report, created by President Obama’s Biofuels Interagency Working Group, "lays out a strategy to advance the development and commercialization of a sustainable biofuels industry to meet or exceed the nation’s biofuels tar ...

A friend and client, India born, was telling me about the different prior art search firms he had used. "The Indians are cheap, and you get what you pay for. They find something and they quit. They know nothing about litigation, or U.S. patent laws. They have no concept of story art. They just t ...

It was bad enough that Toyota had recalled hundreds of thousands of newer models of their best-selling Camry and the Corolla and Tundra and certain Lexus models for sudden uncontrolled accelleration. That recall, blamed by Toyota executives as being caused by defective rubber floormats, ...

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 ...

In a development that should be of interest to structured settlement and retirement planning stakeholders, the Internal Revenue Service and the Department of Labor’s Employee Benefits Security Administration (EBSA) have published a request for comments regarding lifetime income options for participa ...

In todays culture of pink ribbons, yellow bracelets, and fundraising walks, it is not hard to imagine the multitude of ways an employer might learn about the genetic test or manifestation of a disease by a family member. Loved ones often become involved with organizations specific to the disease of ...