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The flawed system that allows companies to make millions off the injured - Washington Post
Washington PostThe flawed system that allows companies to make millions off the injuredWashington PostIn all, according to Taylor's bank records and court documents, the burn survivor sold $11 million of his structured settlement — which had a present value of about $8.5 million — for roughly $1.4 million, or 16 cents on the present dollar. He has and more »
Candidate for Nunavut Tunngavik Inc. president: Cathy Towtongie - Nunatsiaq News
Nunatsiaq NewsCandidate for Nunavut Tunngavik Inc. president: Cathy TowtongieNunatsiaq NewsI would continue to make NTI fiscally responsible and have royalties received from mining, which are now structured to benefit Inuit, to keep on growing. Secondly, out of the $175 million [settled with the federal government The president and other
Time spent negotiating TPP wasn't wasted - Politico
Time spent negotiating TPP wasn't wastedPoliticoThese trade agreements done right, strictly enforced, level that playing field, turn one-way trade into two-way trade, allow a number of jobs here.” Assuming the administration and the 17 other WTO members involved in the deal wrap up talks in and more »
Supreme Court Agrees to Hear Case Questioning Order Creditors Were Paid in Bankruptcy Deal - Wall Street Journal
Wall Street JournalSupreme Court Agrees to Hear Case Questioning Order Creditors Were Paid in Bankruptcy DealWall Street JournalUnsecured creditors that brought the lawsuit then negotiated a “structured settlement” of Jevic's bankruptcy, which shielded Sun and CIT from claims for damages due to Jevic's collapse. Under the pact, unsecured creditors received some money, but truck and more »
Maryland AG, Lawmakers Look to Improve Structured Settlement Law - Insurance Journal
Maryland AG, Lawmakers Look to Improve Structured Settlement LawInsurance JournalMaryland's attorney general and lawmakers are looking at ways to protect the public from bad deals offered by businesses that have bought legal settlements from lead poisoning victims, such as Baltimore's Freddie Gray, at a steep discount. David Nitkin
Bonding Requirement Added for Maryland Structured Settlement Companies - Insurance Journal
Insurance JournalBonding Requirement Added for Maryland Structured Settlement CompaniesInsurance JournalA new bonding requirement for structured settlement factoring companies in Maryland took effect on October 1. The bonding requirement was introduced with the passing of Maryland Senate Bill 734 which specifies a number of new conditions for structured
Coal executives "overlooked" $100 million to try to escape environmental cleanup costs - Vox
VoxCoal executives "overlooked" $100 million to try to escape environmental cleanup costsVoxAmong other things, this case casts some light on Donald Trump's ludicrous promise to bring back lost coal jobs. Here's a coal company who In its bankruptcy settlement, it was permitted to ditch a bunch of its pension and mine-cleanup obligations and more »
Bill to reform structured-settlement industry advances in Virginia House - Washington Post
Washington PostBill to reform structured-settlement industry advances in Virginia HouseWashington PostThe measure, which could reach the House floor by Thursday, proposes a raft of changes to laws governing the sales of structured settlements. The industry offers cash upfront to people in exchange for money bound up in structured settlements. Lawyers and more »
The Black Swan President - POLITICO Magazine
POLITICO MagazineThe Black Swan PresidentPOLITICO MagazineEither way, we need to speed up economic growth, create more middle class jobs, and open opportunities for those stuck in low-wage jobs with little future or in isolated areas with few jobs at all. The way to get to the best scenario includes using and more »