Personal and business bankruptcy filings rose 11.5 percent in the twelve-month period ending June 30, 2025, compared with the previous year.
Judiciary News – United States Courts… Read the rest
The program that pays court-appointed private attorneys to represent indigent federal criminal defendants has run out of money, starting the clock on a painful three-month delay in paying these attorneys and their related service providers for constitutionally mandated legal work.
Judiciary News – United States Courts… Read the rest
Federal and state courts reported a combined 9 percent increase in authorized wiretaps in 2024, compared with 2023, according to the Judiciary’s 2024 Wiretap Report.
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Focusing on Accidental Injury Insurance
I. Introduction of the Issue to Be Discussed
Article 25 of the Judicial Interpretation III of the Insurance Law stipulates that “Where it is difficult to determine whether the insured’s losses are caused by a covered event, a non-covered event or a disclaimer, if the parties concerned request that the insurer makes insurance payout, the People’s Court may support in accordance with the corresponding ratio.” Through searching by the author, this judicial interpretation is frequently … Read the rest
Introduction
The Foreign Contribution (Regulation) Act, 2010 (“FCRA”)[i], regulates the flow and use of foreign funds by individuals, associations, and organisations in India. Over time, the regulatory framework under FCRA has evolved, introducing several compliance obligations for entities receiving foreign contributions. In April 2025[ii], a key amendment was introduced concerning the validity of prior permissions. To strengthen the FCRA regime further, the Ministry of Home Affairs (“MHA”) notified amendments to the Foreign Contribution (Regulation) Rules, 2011 … Read the rest
The newly revised Company Law (“New Company Law”) was adopted at the 7th Session of the Standing Committee of the 14th National People’s Congress on December 29, 2023, and has come into effect on July 1, 2024. This article provides a concise analysis of the implications of the New Company Law for corporate governance in insurance companies, offering insights for readers’ reference.
I. Further Emphasizing Corporate Social Responsibility
The concept of corporate governance has long been debated in narrow and … Read the rest
The Insolvency and Bankruptcy Code, 2016 (“IBC”), was enacted to inter alia provide a consolidated framework to resolve insolvency in a time-bound manner and to maximise the value of assets. This objective is further aided by a moratorium under Section 14 that halts legal proceedings against the corporate debtor, and the immunity provision under Section 32A, which offers a fresh slate to resolution applicants upon plan approval.
On the other hand, the Prevention of Money Laundering Act, 2002 … Read the rest
For people involved in non-violent criminal cases, supervision not only presents a second chance at a productive life but saves taxpayers tens of thousands of dollars compared to the costs associated with incarceration.
Judiciary News – United States Courts… Read the rest