Michael Cullers, Robert J. Eidnier, Cynthia C. Mog, Taylor L. Klavan, Robert Radigan and Natalie Vicchio | Patton Boggs The time has come, friends. The Rebate Series ends with this post. At least for a little while. So far we’ve covered the basics of arbitrage and rebate and two key timing-based spending exceptions: the 6-Month… Continue reading Keep Your Paws Off My Positive Arbitrage – “With The Same Power Comes More Responsibility”
Month: July 2023
Tomorrow’s Supply Chain – First-Party Insurance Coverage for Supply Chains
David E. Weiss and Richard P. Lewis | Reed Smith Supply chain disruptions due to natural and man-made events, such as the COVID-19 pandemic, climate change, and global and regional conflicts, have become more prevalent in recent times. Businesses need to focus on these issues more carefully as part of their risk management strategies. Many… Continue reading Tomorrow’s Supply Chain – First-Party Insurance Coverage for Supply Chains
Variation Order Time Impact in Unconventional Contracts
Michel El Achkar | HKA Intro Milestones in construction projects typically represent the achievement of a significant event and/or certain stage of work. However, there are rare instances when these milestones prescribe an achievement of payment, by reference to fixed percentages of the contract within a prescribed duration. The completion of such a milestone would… Continue reading Variation Order Time Impact in Unconventional Contracts
Lost Profits May or May Not be Consequential Damages
Glenn D. West | Global Private Equity Watch Some drafting lessons seem to require constant relearning. And that is no more the case than in drafting the ubiquitous “consequential damages” waiver. Although there are many reasons to avoid the use of the term “consequential damages” altogether, if you are going to use the term in… Continue reading Lost Profits May or May Not be Consequential Damages
Generative AI’s Impact On Insurance Coverage: An Interview With ChatGPT-4 And Coverage Counsel On What Policyholders Should Be Doing Now
Tamara D. Bruno, Peter M. Gillon and Jesse N. Vazquez | Pillsbury Winthrop Shaw Pittman Generative AI is transforming our economy in previously unimagined ways, with Goldman Sachs estimating a $7 trillion (7%) increase in global GDP by virtue of this ecosystem. Insurance is but one sector that will be impacted, with new products, services and opportunities… Continue reading Generative AI’s Impact On Insurance Coverage: An Interview With ChatGPT-4 And Coverage Counsel On What Policyholders Should Be Doing Now