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Preferential Treatment, for Some
RBS puts select firms on fast track; Nestlé unveils U.K. counsel.Daily Decision Service Alert: Vol. 21, No. 227 – November 21, 2012
Daily decision alert.
RBS Writes Off Millions in Halliwells Dissolution
The Royal Bank of Scotland is set to write off up to $23 million in the wake of the breakup of Halliwells. RBS, which was owed substantial sums in corporate debt and partner loans from Halliwells, recovered just over $11 million from the sales, with Barlow Lyde & Gilbert and HBJ Gateley Wareing paying $4 million each. The total is lower than the $18.7 million that RBS had hoped to receive as a result of the sales, a figure which still would have seen the bank make a substantial loss.N.Y.'s Medicaid and Other Health Care Reforms Are Ahead of the National Curve
Ellen V. Weissman and Bethany J. Trachtenberg of Hodgson Russ discuss some of the reforms proposed by New York's Medicaid Redesign Team, including the establishment of health homes for Medicaid enrollees with certain chronic conditions, amendments to ACO legislation, and more.N.J. Contractor's Employee Can Sue State for Discrimination
Hundreds of privatized workers in New Jersey correctional facilities might qualify as public employees for purposes of liability under the state Law Against Discrimination, thanks to an appeals court ruling Nov. 27.
Top General Counsel Content to Limit Legal Budgets, Rather Than Cutting Them
Clients have resigned themselves to merely attempting to control spiralling legal spending rather than setting in place plans to reduce costs, according to a new survey of general counsel. The poll, conducted by Nisus Consulting for CMS Cameron McKenna, showed that less than 5 percent of general counsel at FTSE 250 companies had a specific target by which to reduce their legal costs. Instead, the respondents are focusing on controlling costs and managing increases.
Hospitals Begin to Feel Effects of Quality Initiatives
There is much buzz in the health care field about moving to a value-based purchasing/pay-for-performance system rather than a fee-for-service system.
Health Insurers Release White Paper on Accountable Care Organizations
Accountable Care Organizations (ACOs) play a prominent role as part of the Patient Protection and Affordable Care Act (PPACA). PPACA encourages the formation of ACOs by offering Medicare incentive payments to participating, qualifying ACOs through a program slated to begin on Jan. 1, 2012. Although currently there is only the potential for incentives to ACOs under the federal Medicare program, there has been much "buzz" over the eventual introduction of ACOs to the private sector.Five Months Later, Prudential Chooses Its Panel
Linklaters and Norton Rose have won hotly-contested places on Prudential Group's new global legal panel following a five-month competitive tender process.Trending Stories
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