Litigation looms after deal to end dispensary lawsuits denied

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, …

Litigation and writedowns push Credit Suisse to fourth-quarter loss

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. …

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

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 …

7 Things That Contribute To Negative Effects of Divorce on Children

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 …

New Technologies Come with New Litigation Risks

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 …

7 Uplifting Life-After-Divorce Quotes

— 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 …

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

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 …

Resources scarce as violence against women rises in London, councillors told

Article content continued Anova has turned away more than 2,550 amid COVID-19 because of a full shelter, and because people are staying longer than a month because of a lack of housing in London. Megan Walker, head of the London Abused Women’s Centre, said she was seeing girls as young as 12 who had been …

Redundancies hit record high of 370,000 between August and October

Redundancies surged to a record high of 370,000 in the third quarter of the year with young workers hit hardest, official figures show. The number of UK employees on payrolls dropped slightly last month and has fallen by 819,000 between February and November due to the impact of the coronavirus pandemic, the Office for National …