Chad Hemenway

/Chad Hemenway

About Chad Hemenway

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So far Chad Hemenway has created 17 blog entries.
26 10, 2023

EPA Proposes Banning Cancer-Causing Chemical TCE Used in Automotive Care

By | October 26th, 2023|Uncategorized|Comments Off on EPA Proposes Banning Cancer-Causing Chemical TCE Used in Automotive Care

The U.S. Environmental Protection Agency on Monday proposed banning the cancer-causing chemical trichloroethylene, which can be found in consumer products including automobile brake cleaners, furniture care and arts and crafts spray coating. The move would end a nearly four decade …

31 08, 2023

Chubb Loses Bid to Enforce D&O Coverage Exclusions in Opioid-Related Case

By | August 31st, 2023|Uncategorized|Comments Off on Chubb Loses Bid to Enforce D&O Coverage Exclusions in Opioid-Related Case

A federal judge in North Carolina has ruled against a Chubb subsidiary in its attempt to rid itself of defense-cost obligations in opioid-related litigation by enforcing two policy exclusions. According to court documents in U.S. District Court for the Middle …

9 05, 2023

Twitter Beats Disabled Worker’s Lawsuit Over Layoffs, for Now

By | May 9th, 2023|Uncategorized|Comments Off on Twitter Beats Disabled Worker’s Lawsuit Over Layoffs, for Now

A federal judge in California has tossed out a lawsuit accusing Twitter Inc of discriminating against workers with disabilities by requiring employees to report to the office and put in long hours working at high intensity. U.S. District Judge Haywood …

9 05, 2023

Byron Allen Sues McDonald’s for Allegedly Lying About Commitment to Black Media

By | May 9th, 2023|Uncategorized|Comments Off on Byron Allen Sues McDonald’s for Allegedly Lying About Commitment to Black Media

The media entrepreneur Byron Allen has filed a second lawsuit against McDonald’s Corp over the fast-food chain’s alleged refusal to advertise with Black-owned media. In a complaint filed last week in Los Angeles, Allen’s Entertainment Studios Networks Inc and Weather …

28 04, 2023

Fed Plans Broad Revamp of Bank Oversight After SVB Failure

By | April 28th, 2023|Uncategorized|Comments Off on Fed Plans Broad Revamp of Bank Oversight After SVB Failure

The Federal Reserve issued a detailed and scathing assessment on Friday of its failure to identify problems and push for fixes at Silicon Valley Bank before the U.S. lender’s collapse, and promised tougher supervision and stricter rules for banks. In …

1 05, 2023

Fed Report on SVB Collapse Could Buoy Shareholder Lawsuits

By | May 1st, 2023|Uncategorized|Comments Off on Fed Report on SVB Collapse Could Buoy Shareholder Lawsuits

A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to shareholders suing the defunct lender’s executives for allegedly hiding risks that led to its stunning downfall, legal experts said. The …

1 05, 2023

First Republic Regulators Rush to Fix Crisis as Banks Make Bids

By | May 1st, 2023|Uncategorized|Comments Off on First Republic Regulators Rush to Fix Crisis as Banks Make Bids

US regulators were rushing to resolve the First Republic Bank crisis Sunday after a midday deadline passed for submitting final bids to take over the struggling lender. The Federal Deposit Insurance Corp. had asked banks including JPMorgan Chase & Co., …

1 05, 2023

Ex-CFO Gets 3 Years Prison for Stealing From SPACs to Trade Meme Stocks, Crypto

By | May 1st, 2023|Uncategorized|Comments Off on Ex-CFO Gets 3 Years Prison for Stealing From SPACs to Trade Meme Stocks, Crypto

A former chief financial officer of multiple special purpose acquisition companies (SPACs) was sentenced to three years in prison for embezzling more than $5 million from them, and losing almost all of it trading meme stocks and cryptocurrencies. Cooper Morgenthau, …

13 04, 2023

SVB Failed From Mismanagement, Not Loose Regulations: FDIC

By | April 13th, 2023|Uncategorized|Comments Off on SVB Failed From Mismanagement, Not Loose Regulations: FDIC

Management failures, not loose regulations, prompted Silicon Valley Bank’s sudden failure last month, a top Federal Deposit Insurance Corporation (FDIC) official said on Wednesday. “Mismanagement of interest rate risk was at the core of SVB’s problem,” FDIC Vice Chairman Travis …

13 04, 2023

Trump Sues Ex-Lawyer Michael Cohen Over Alleged Breaches of Contract

By | April 13th, 2023|Uncategorized|Comments Off on Trump Sues Ex-Lawyer Michael Cohen Over Alleged Breaches of Contract

Former President Donald Trump filed a $500 million lawsuit against his former attorney Michael Cohen for allegedly violating their attorney-client bond and spreading “embarrassing or detrimental” lies. Cohen, whose falling out with Trump has led to exchanges of insults between …