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October 31, 2022 | New York Law Journal

Preparing Condominium and Cooperative Boards for a Recession

Boards of condominiums and cooperatives owe fiduciary duties to their unit owners and shareholders. These fiduciary duties include not only the…
7 minute read
October 14, 2022 | Corporate Counsel

How GCs Can Lead While Careening Through Crises

"Unless you, as the leader, are comfortable saying, 'I tried this thing and it didn't work, but here's what I learned,' others aren't going to be comfortable either," said Dev Stahlkopf, chief legal officer of Cisco.
3 minute read
September 15, 2022 | The Recorder

loanDepot Hires Ex-Bank of America Lawyer as Legal Chief Amid Layoffs, Restructuring

Gregory Smallwood, a former associate GC at Bank of America, joins the mortgage lender as it restructures, cuts thousands of jobs and increases its focus on first-time and diverse homebuyers.
2 minute read
September 15, 2022 | Corporate Counsel

loanDepot Hires Former Bank of America Lawyer as Legal Chief Amid Layoffs, Restructuring

Gregory Smallwood, a former associate GC at Bank of America, joins the mortgage lender as it restructures, cuts thousands of jobs and increases its focus on first-time and diverse homebuyers.
2 minute read
September 12, 2022 | Daily Business Review

Florida Lawmakers Back Insurer Ratings Proposal

The president of ratings agency president of Demotech issued a statement that called the state move "an unnecessary response to a problem that does not exist."
4 minute read
September 06, 2022 | Daily Business Review

State Eyes Shift on Property Insurer Ratings

The ratings issue has come at a turbulent time in Florida's property-insurance market, as carriers have shed policies and sought large rate increases because of financial losses.
4 minute read
August 29, 2022 | Insurance Coverage Law Center

Florida's Temporary Reinsurance Program

An overview of Florida's temporary reinsurance program in response to ratings downgrades.
3 minute read
August 26, 2022 | Texas Lawyer

United P&C Plans to Withdraw from Four States, Including Texas

The company received notice from Demotech of its intention to withdraw the insurer's financial stability rating.
3 minute read
August 26, 2022 | Daily Business Review

Property Insurer to Exit Florida Market

The news release said Demotech has notified United Property & Casualty that it will withdraw the insurer's rating. Rating withdrawals have been precursors to some insurers being declared insolvent and placed into receivership.
4 minute read
August 26, 2022 | Insurance Coverage Law Center

United P&C Plans to Withdraw from Four States

The company received notice from Demotech of its intention to withdraw the insurer's financial stability rating.
3 minute read

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