Registered representatives seeking to expunge customer dispute information from the Central Registration Depository system (“CRD”) will likely be required to pay increased FINRA filing and hearing fees in the near future.[1] With Proposed Rule Change 2020-005, FINRA seeks to amend Part IX of the FINRA Code of Arbitration Procedure for Customer Disputes and the Code…
Many companies carry business interruption insurance as a component of their first-party property insurance or as a freestanding policy. Such coverage protects against losses sustained during periods of suspended operation due to various events and damage. Although there is no doubt that operations and business has been suspended across countless industries in recent months, business…
Recent market volatility associated with COVID-19 has the potential to result in a large uptick in arbitration filings with the Financial Industry Regulatory Authority. Following a February to March decrease in the S&P 500 of over 34 percent and the recent historic dip in oil prices, investor confidence is understandably shaken. For broker-dealers and registered…
As we move into the second month of the COVID-19 pandemic, many attorneys and their clients are looking for guidance on how to adjust to the “new normal” while continuing to move cases forward. Recently, the North Carolina Association of Defense Attorneys (NCADA) and North Carolina Advocates for Justice (NCAJ) held a joint webinar to…
The NC Judicial Branch continues to monitor COVID-19 across the state. In conjunction with the Governor’s Coronavirus Task Force, state public health officials and the NC Department of Emergency Management, Chief Justice Beasley has issued several new orders. The NC Industrial Commission and U.S. Districts Courts have similar orders. We have compiled the pertinent resources…
With the spread of COVID-19 continuing across North Carolina, additional restrictions for residents were announced on Monday, March 23, 2020, by Governor Roy Cooper. Restrictions include the closure of more businesses by 5pm on Wednesday, March 25, 2020, and a ban on gatherings of more than fifty people. Employers have had to quickly adjust many…
Across the nation, we are seeing a steady increase in litigation involving school teachers and administrators. These cases can range from personal injury suits for minor injuries sustained on school property, to very serious allegations of misconduct between teachers and students. Though preventing school-related lawsuits altogether may not be practical, there are several things that…
Consider Removal to take advantage of Rule 35 under the Federal Rules of Civil Procedure. A psychological exam can be a valuable tool to defend against an emotional distress claim arising out of an underlying tort, and a vocational-rehabilitation exam can be instrumental in defending against a large lost earning capacity claim. But the plain language…
Teague Campbell attorneys Matt Little and Becky Thornton handled an animal genetics and cyrogenics case through the Fourth Circuit on behalf of Genex Coorperative, Inc. Genex Cooperative, Inc. is a high-tech genetics company from Wisconsin that specializes in in vitro fertilization and other genetic manipulation of pureblood cattle. The case involved issues of breach of…
Although there is still no official procedure for submitting Liability Medicare Set-Aside Arrangements (LMSAs) to the Centers for Medicare & Medicaid Services (CMS) for review and approval, CMS announced in a written release to physicians and medical providers/suppliers that, effective October 1, 2017, it intends to deny payment for services under diagnosis codes associated with…