Insights
LITIGATION ALERT: The Use of Appraisers in First-Party Property Insurance Litigation
Property insurance policies routinely include an appraisal clause that sets forth a non-judicial procedure for resolving disputes about the "amount of loss," i.e., the value of damaged property or the cost of repairs. When properly invoked […]
Post-Injury Waivers are Major Source of Protection for Non-Subscribers
Non-subscribers may be sued by their employees for on-the-job injuries and non-subscribers are also limited in the defenses they are allowed to assert. To minimize this exposure, most employers who have opted out of the Texas workers’ compensation […]
Part 3 of 3: Biggest Disadvantage to “Opting Out” of Texas Workers Compensation System
The biggest reason most employers elect to provide workers’ compensation benefits is to avoid the risk of litigation. An employer who provides workers’ compensation benefits to injured workers cannot be sued by the employee (or third parties) for […]
Part 2 of 3: The Two Primary Advantages to “Opting Out” of the Texas Workers Compensation System
Employers often see a significant cost reduction by becoming a non-subscriber. Once an employer opts out of worker's compensation and develops its own employee injury benefit plan, the employer is able to avoid paying workers’ compensation premiums […]
Part 1 of 3: Should you “Opt Out” of the Texas Workers Compensation System?
Currently, the majority of employers in Texas still elect to participate in the State’s workers’ compensation system but an ever-increasing number of employers are finding that the benefits of becoming a “non-subscriber” outweigh the benefits […]
Join KRCL for a Free Seminar on Choosing the Right RE Loan
The presentation will focus on the advantages, disadvantages and hurdles in using either lending source. We will focus on new developments in both sources of financing arising from the recent down cycle. In particular, the presentation will identify […]
Environmental Alert: Avoiding Lender Liability Under CERCLA Following Foreclosure Properties
Lenders are correct in being cautious when foreclosing on commercial properties where the use or storage of hazardous materials may result in liability for environmental contamination. However, the U.S. Comprehensive Environmental Response, Compensation […]
DAYL Names Eliot Walker "One to Watch"
Within the DAYL, Eliot is a member of the 2012 Leadership Class and also co-chairs the organization's Animal Welfare Committee. Eliot is an active steering committee member of the Leadership Class, which is organizing a charity concert supporting the […]
LITIGATION ALERT: Proposed Change to International Code of Ethics for Accountants Would Negatively Impact Privilege and Confidentiality
Clients often simultaneously retain a lawyer and an accountant who work together to meet the client's legal needs. For example, in the course of a transaction, the client may need an attorney to address legal issues and document the transaction […]
KRCL Director Viking Tao Featured in China Daily Article
She said Chinese companies are buying American businesses when synergy can be created to serve the Chinese consumer market, citing the examples of Dalian Wanda's acquisition of AMC and Shuanghui's acquisition of Smithfield. Many Chinese investors […]
Join KRCL for a Free Seminar on Navigating US-China Cross-Border Transactions
KRCL's China group will show you how to navigate US-China cross-border transactions, as well as present the benefits and strategies related to opening your business to Chinese investors. One of our presenters completed her legal education in China, so […]