"If you don't believe there are assets to replace your existing, you're going to be more willing to do a leveraging transaction like using first lien to take out a second lien."
The rule is New Jersey's answer to the question of how to properly source the income of an employee who works at home in one state, for an employer in another state.
The Justice Department and FTC expect companies to "preserve and produce any and all responsive documents, including data from ephemeral messaging applications designed to hide evidence."
The DOL's complaint against BCBSM, as well as the series of lawsuits against other TPAs and insurers, may redefine the landscape of fiduciary responsibilities and the role of TPAs in plan administration.
