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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z View All

Client Alert: Increased Federal Estate, Gift, and Generation-Skipping Transfer Tax Exemptions in 2024

by Mallory Schowe | Dec 5, 2023

Each year, the U.S. Internal Revenue Service (“IRS”) announces its annual inflation adjustments for federal estate, gift, and generation-skipping transfer (“GST”) tax. The IRS has announced that the estate and gift tax exemption in 2024 will be $13,610,000 per...

Partner Pete Lahny Revised Chapter 41 – Asset Securitization of the Debtor-Creditor Law Treatise

by Kelly Sweeney | Dec 4, 2023

In November 2023, Partner Peter J. Lahny, IV revised Chapter 41 – Asset Securitization of the Debtor-Creditor Law treatise, a chapter he originally published as an article in the Winter 2001 issue of the American Bankruptcy Institute Law Review (9 AM. BANKR. INST. L....

Probate Litigation Alert: Connecticut Supreme Court Affirms Validity of No Contest Clauses

by Mallory Schowe | Nov 30, 2023

Following up an advisory we published last year (click here to read), we offer this update on recent developments in the case of Salce v. Cardello that may have meaningful implications for the use and enforcement of no contest clauses in wills and trusts. In a narrow...

Key Takeaways from Recent Class Action Alleging an Insurance Company Used AI to Improperly Decline Medical Coverage

by Christine Stackhouse | Nov 29, 2023

Artificial intelligence is an obvious fit within the insurance industry. Insurance is rooted in assessing the probability of certain outcomes and AI is designed to leverage increasingly larger stores of data to improve decision making. A recent putative class action...

New Connecticut Law Overhauls Change of Ownership Requirements for Health Care Facilities Licensed by DPH

by Christine Stackhouse | Nov 10, 2023

Starting October 1, 2023, health care facilities and institutions licensed by the Connecticut Department of Public Health (“DPH”) became subject to significant requirements that apply when the facility or institution undergoes a change of ownership (“CHOW”). Public...
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