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Litigation looms after deal to end dispensary lawsuits denied

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Shutterstock image Advertisement WARREN — Warren is now facing a deluge of litigation related to its handling of the city’s medical marijuana dispensary licensing process after the City Council’s decision to reject a blanket deal that would have ended a myriad of lawsuits. That really comes as no surprise.   According to attorney Andrea Pike, representing the city in the Macomb County Circuit Court cases, 12 of the 15 entities that were originally awarded medical marijuana dispensary licenses in September 2019 have sued for damages so far. Their licenses were invalidated last year by Macomb County Circuit Court Judge Carl […]

Litigation and writedowns push Credit Suisse to fourth-quarter loss

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Credit Suisse swung to a fourth-quarter loss of SFr353m ($393m) as coronavirus-related credit writedowns and provisions for litigation eroded modest gains in underlying performance at the bank. Write-offs related to underperforming loans and defaults tripled to SFr1.1bn, almost four times higher than the average level over the previous 11 years, the bank said on Thursday. This was driven by the economic fallout from the coronavirus pandemic. The results mean Credit Suisse’s net income for 2020 was down 22 per cent year on year to SFr2.7bn, with revenues flat at SFr22.4bn. By contrast, Zurich rival UBS posted its highest profit in […]

Divorce and the Pandemic: 6 Issues that Could Lead a Couple to Splitting Up

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It is hard to believe that we have been living through the COVID-19 pandemic for nearly a year, still facing these strange times of shutdowns, masks, quarantining, and now, vaccines. I think we’d all agree that living in a pandemic is painful and can put a huge strain on relationships, including a marriage. But what about divorce and the pandemic? Can this illness that has caused so much tragedy, not to mention stress, cause a couple to get divorced? As an experienced divorce attorney, I can see how this traumatic and taxing pandemic could ultimately lead more couples to marital […]

7 Things That Contribute To Negative Effects of Divorce on Children

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Research has shown that the most damaging part of divorce for children is involving them in loyalty binds.  A loyalty bind happens when a child must make a choice that will be wrong with one parent and not the other. The child feels caught in the middle between parents. Basically, they get the message that it is not OK to love their other parent. This is just one thing that contributes to negative effects of divorce on children. Here is a list of 7 other things parents do—consciously or unconsciously that contribute to negative effects of divorce on children, including […]

A Big Tip for Those Wondering How to Cope with Divorce as a Woman

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Wondering how to cope with divorce as a woman? I can tell you firsthand, it’s really hard at times, but one thing is for sure: you will find a way and you will get through it. It’s been 14 years and I can still vividly remember times in the first year or two of my divorce when I felt like I just couldn’t cope. Something would happen—like someone would tell me they ran into my ex on a date, or I’d pick up my kids from school and see someone whispering about me, or I would get bills in the […]

New Technologies Come with New Litigation Risks

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Mitigating cybersecurity and data privacy risks A data breach can lead to confidential medical data being exposed, and significant reputational damage, so it is important to have an up-to-date cyber incident response plan. Such a breach may prompt regulatory investigations by multiple government enforcement agencies, collective and class action law suits, and even shareholder class actions. Moreover, while the adoption of IoT devices by pharmaceutical companies has allowed the industry to automate important business processes, the vast amounts of data stored and shared by these smart devices and systems compounds the cybersecurity-related litigation risk. In addition, consumers are increasingly focused […]

Digital Divorce Tips

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TECHNOLOGY DO’S AND DON’TS WHEN UNCOUPLING – PART I By Yueh-Mei Kim Nutter and Kyle Morgan  People’s dependence on technology is seen on smartphones, social media, cloud-based storage, transportation, parking, online shopping, streaming videos/music, food delivery, online dating and even online telemedicine. Technology controls almost every aspect of life.  As such, electronic data from these online services can become a key factor in family law cases. Electronic data can be “discovered” in court and possibly be used against you. Therefore, if you find yourself involved in a family law related dispute, consider carefully the list of Electronic Do’s and Don’ts […]

What is an Uncontested Divorce?

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Just what is an uncontested divorce and is it an option in your situation? If you and your spouse can agree on all the issues involved in ending your marriage, then this type of divorce is definitely worth considering. The following article highlights the benefits of getting an uncontested divorce as a way to reduce the conflict and avoid having a judge decide the terms of your divorce.  How Uncontested Divorce can Save You Time, Money, and Hardship By Tracy Rotharmel Shanks, Divorce Attorney  What is an uncontested divorce? An uncontested divorce is a divorce in which the separating couple […]

7 Uplifting Life-After-Divorce Quotes

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— Sometimes there’s no way to put your feelings into words. Divorce can cast a pretty long shadow over your vision for the future and leave you feeling hopeless. That’s when it’s time to turn to the authors, the poets, and the been-there-survived-it veterans of loss for some uplifting life-after-divorce quotes. While cleverly crafted proverbs can’t wave a magic wand of healing over your pain, they can offer clarity and food for thought. Here are 7 uplifting life-after-divorce quotes to get you looking at the positive side of your new life. 1. When the wrong people leave your life, the […]

Will the end of LIBOR lead to a surge in litigation? – Lexology

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The London Interbank Offered Rate (LIBOR) is scheduled to be phased out by the end of 2021, and there is uncertainty about what impact this will have on LIBOR-referenced contracts that extend beyond this date. In this article, Elaina Bales examines the litigation risks that will arise due to the LIBOR changes and what steps business should take now to minimise these risks. What’s happening to LIBOR? LIBOR is the benchmark interest rate at which major global banks lend to one another in the interbank market. It is widely used as a reference rate for the pricing of financial contracts that are […]