22 September 2023 Herrington Carmichael To print this article, all you need is to be registered or login on Mondaq.com. The ability to successfully deliver a profitable development project depends on getting the right funding arrangements in place. The decision on how to fund your project is one of the most … Read more
The “facts are not as presented” by prosecutors, Sen. Bob Menendez, D-N.J., send in response to the indictment against him that was unsealed Friday. “They have misrepresented the normal work of a congressional office. … Those behind this campaign simply cannot accept that a first-generation Latino American from humble beginnings could rise to be a … Read more
Maryland State Retirement & Pension System trimmed its stake in FirstEnergy Corp. (NYSE:FE – Free Report) by 2.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,579 shares of the utilities provider’s stock after selling 1,121 shares during the quarter. … Read more
Exploring cyber claims trends in the first half of the year | Insurance Business America Cyber Exploring cyber claims trends in the first half of the year What’s behind the spikes within the segment? A new report has noted an escalation in both cyber claims frequency and severity for businesses across all revenue brackets in … Read more
In financial industry legal news this week, it’s been (almost) all about artificial intelligence, the frenzy for which has reignited the initial public offering market. All three of the big recent debutantes are, in their way, AI plays, none more so than chip designer Arm, which raised nearly $5 billion in the biggest stock-market debut … Read more
At oral arguments Thursday, the Illinois Supreme Court mulled whether a Chicago plaintiffs law firm’s press release announcing a $4.2 million jury award in a medical malpractice suit violated the Mental Health and Developmental Disabilities Confidentiality Act by disclosing the details of its now-former client’s mental health diagnoses. The Illinois high court is now set to decide whether the appellate … Read more
An excerpt from Lessig’s article in Slate (read the whole piece for more), discussing the same issue that has been discussed on this blog by Profs. Ilya Somin, Steve Calabresi, Will Baude, and Michael McConnell (and see also Jonathan Adler’s post citing Prof. Derek Muller): The provision of the 14th Amendment that [the advocates of disqualifying … Read more
Kayne Anderson Real Estate acquired a $1.3B medical office building (“MOB”) loan portfolio from Synovus Bank. The loan portfolio includes 106 floating-rate mortgages secured by 308 MOBs across 33 states. CBRE released its Q2 Healthcare Real Estate Investor Update. MOB transaction volume for Q2 remained consistent with the previous quarter with $1.8B in transactions completed. … Read more
The top five banks in our annual ranking have an average reputation score among people who are not their customers of 70.7 in 2023. Although several banks have seen their reputation negatively impacted following the banking crisis in the early part of the year, some increased their score over the previous year, with one seeing … Read more
Generative AI triggers ‘quantum leap’ in insurance technology innovation | Insurance Business America Technology Generative AI triggers ‘quantum leap’ in insurance technology innovation VP on the new driving force for insurtechs and what the future of AI application looks like The advent of generative artificial intelligence (AI) has not only transformed the insurance … Read more