Though private equity firms are loaded with capital and sky-high valuations of targets are declining, experts say the favorable market won’t necessarily lead to an overabundance of private equity transactions in 2016 because of the industry's characteristically selective approach to Continue Reading
NJ Justices Send ‘Warning Call’ To Insureds On Late Notice
The New Jersey high court's ruling Thursday that National Union doesn't have to show it was harmed by a policyholder's late notice of a lawsuit in order to deny coverage sends a "warning call" to insureds to carefully comply with their policies' notice provisions, but attorneys say the decision's Continue Reading
Ex Bankruptcy Judge Tapped As Examiner In Zucker Ch. 11
Former U.S. Bankruptcy Judge Donald Steckroth has been formally tapped to serve as the examiner in the Chapter 11 case of Zucker Goldberg & Ackerman LLC and investigate possible claims against current and former members of the foreclosure law firm and related "insiders," according to an order Continue Reading
Wills & Estates: Control How Your Assets Will Be Distributed
Many people put off making a will, convinced that such documents are for older folks who are nearing the end of their lives. In fact, statistics show that more than half of Americans currently have no will or other estate plan in place, which means if they were to die tomorrow, someone else would Continue Reading
Former Bankruptcy Judge Steckroth Picked for Zucker Probe
Donald Steckroth, who spent 14 years presiding over bankruptcy matters, has been selected to look into allegations of misconduct in the bankruptcy of Zucker, Goldberg & Ackerman. Acting U.S. Trustee Andrew Vara on Feb. 8 appointed Steckroth, who a year ago retired from U.S. Bankruptcy Court Continue Reading
Judge Orders Examiner in Zucker Goldberg Bankruptcy Case
The judge overseeing the liquidation of New Jersey foreclosure firm Zucker, Goldberg & Ackerman has directed the U.S. Trustee Program to appoint a third-party investigator to the case—a measure the firm and its creditors agreed upon despite repeatedly locking horns. U.S. Bankruptcy Judge Continue Reading
How To Assess Worker Performance Without Inviting Lawsuits
Effective employee evaluations are a crucial part of maintaining a successful business, but if not conducted carefully they can expose an employer to discrimination claims. "Employers certainly need to have a way to evaluate employees, train them and give them an opportunity to improve," said Continue Reading
Examiner To Be Named In Zucker Goldberg Chapter 11
Zucker Goldberg & Ackerman LLC and its creditors have agreed to have an examiner investigate possible claims against current and former members of the bankrupt foreclosure law firm and related "insiders," but attorneys for the parties argued over the appointee's exact responsibilities at a Continue Reading
Attorneys React To High Court ERISA Reimbursement Ruling
The U.S. Supreme Court ruled Wednesday in Montanile v. Board of Trustees of the National Elevator Industry Health Benefit Plan that a retirement plan cannot sue under the Employee Retirement Income Security Act for reimbursement of medical expenses from a third-party settlement that a plan Continue Reading
Attys React To High Court Taking Up Immigration Action Case
The U.S. Supreme Court agreed Tuesday to hear the federal government's appeal of a decision that blocked President Barack Obama's executive actions on immigration. The court also asked the federal government and states involved in the case to weigh in on whether the executive action guidance runs Continue Reading