Coronavirus, Toilet Paper, RepoVirus, Trustees & Fiduciary Duty; a BFD?

Taxonomically the sudden surge in demand for toilet paper is likely to bear similar hallmarks to the incipient spike in litigation claims for breach of fiduciary duty. These claims are likely to appear in: partner, business, employment and compensation disputes, Read More …

Brokerage or Trust Account not budgeting fees, commissions and expenses; a BFD?

A budget, like lane markers on a freeway is a basic tool to help provide guidance as to the amount or range estimate for a particular or group of expenses, fees, costs, or other cash outflows. Another way to state Read More …

Three Billboards, The Fed, Fiduciary Duty and Trustees

It’s Oscar night and Three Billboards Outside Ebbing, Missouri is one of the favorites of nine films nominated for Best Picture.  Three Billboards grossed about $123 Million, not too many folks including perhaps some Academy members have even seen the Read More …

10 Year Anniversary of AIG’s Red Flag in 2003

Exactly 10 years ago AIG raised a red flag ahead of the 2008 financial crisis; few paid attention.  On August 9, 2003, ten years ago to the day, The New York Times headline read forebodingly “To insurers, a long free Read More …