As a kid, I liked to play with dominoes. The collapse of SVB and SignatureBank have me thinking about dominoes. A domino lying flat is in a stable position. But it can also be stood on its short end, thereby placing it in a less-stable or ‘risky’ position. A bank can arrange its balance sheet to be more or less stable. A bank […]
Read MoreYour new client comes to you after being terminated from a middle-management position he held for 15 years. He is convinced his termination was age related, as the company explained his lay off as a “reduction in force,” but he and one other 50+ employee were the only two employees let go. Your client had […]
Read MoreABA’s Business Law Today: Bankruptcy Filings During the COVID-19 Recession: A Tale of Two Debtors? The article presents the pattern of bankruptcy filings during and after the COVID-19 recession. Echoing some recent commentary and economic analysis, we show that bankruptcy filings behaved markedly differently than historical patterns would dictate. We break down bankruptcy petitions between […]
Read More
The economic value of media rights, merchandise sales, ticket and luxury suites sales, advertising, and licensed products and other royalties for sports franchises is substantial. Revenue increases in any of the mentioned sources above can have a positive effect on the overall revenue and earnings of a sports franchise, which may lead to an increase […]
Read MoreEffective July 16, 2021, Dignity Health is no longer an in-network provider for Anthem Blue Cross of California. Its exit from Anthem’s network could have major ramifications for prices paid by Anthem and its members for Dignity’s healthcare services. Health care providers typically maintain a price list for health care procedures. That list is often […]
Read MoreOn June 24, 2021, a jury in Harris County, TX awarded two emergency care physician groups $19.1 million in damages for underpayment of healthcare claims by insurer Molina Healthcare of Texas, Inc. I was a testifying expert on behalf of the plaintiffs: ACS Primary Care Physicians Southwest, PA & Emergency Services of Texas, PA v. […]
Read More
The stay-home orders issued by many states earlier this year have resulted in behavioral changes that had a significant effect on the US economy. The charts on this page present a high-level look at some of the biggest changes and how the US is reopening. The chart below shows the current reopening status of each […]
Read More
Equity markets were one of the first areas of the economy to decline, but saw a relatively quick bounce in May and June, with markets now hovering close to the level they were at in January 2020. While many sectors and individual companies have bounced back with the overall market – some have not. This […]
Read More
Over decades the oil and gas industry has experienced significant ebbs and flows related to oil price. Each episode triggered by a variety of events some of which are listed below: Global supply and demand Organization of the Petroleum Exporting Countries (OPEC) and their ability to set production targets for its members Natural Disasters Storage […]
Read More
We’ve all seen the headlines about the effect that stay home orders have had on the US labor market. The headlines focus mostly on the weekly unemployment claims. Back in April it was week after week of unprecedented unemployment claims. During June it was week after week of unprecedented increases in employment. As is so […]
Read More