Earlier today, the Federation Employment and Guidance Service Inc., one of the country’s largest social service agencies said it is closing its doors permanently. After 80 years of providing services for the sick, disabled and elderly, FEGS could not recover after suffering losses of $19.4 million last year. As recent
The Boy Scouts of America settled a sex abuse case yesterday involving a California man who was molested by his troop leader back in 2007. The settlement decision came after only three days of trial on the basis that the Boy Scouts failed to provide adequate training of leaders and
In November 2013, Minnesota lawmakers opened a three-year window, through May 2016, for older victims to bring claims forward. There are currently close to two dozen claims to be filed against the diocese and no way of knowing how many more will come forward by Spring of next year. As
The Terrorism Risk Insurance Act (TRIA) that recently expired on December 31, 2014, has just been reinstated yesterday by congress in a 93-4 vote to extend the bill through the year 2020 . TRIA, which was created shortly after the terrorist attacks of 9/11, provides a federal insurance backstop in the event
[vc_row][vc_column][vc_column_text] Terrorism Risk Management Insurance Act Set to Expire After Bill Blocked in Senate The Terrorism Risk Insurance Act (TRIA) is set to expire on Dec. 31, 2014, after a House-passed bill to extend the program for an additional six years was blocked in the Senate. TRIA, which was created shortly
“Property of the Estate” is a very broad and sometimes vague term, which can often lead to disputes over held assets in a bankruptcy case. This ambiguity can be further complicated with large estates or the bankruptcy of charity or non-profit organizations. While many believe that assets like donations or
New Ground honors Mr. Christopher V. Waldorf, during their 13th Annual Groundbreaker’s Celebration, for his years of support. Groundbreaker’s Celebration New Ground is a non-for-profit agency in Hempstead that educates and empowers families as well as individuals who are caught in the vicious cycle of homelessness. The organization held