Minneapolis Start-up’s Car Tracking Tags Provide Solution for Stolen Vehicles as Owners of Certain KIA and Hyundai Models Can Reap Benefits

Minneapolis, MN – TC Nighthawks, a startup in Minneapolis, has seen a surge in inquiries following a $200 million settlement against KIA and Hyundai. The settlement allows owners of certain models of these vehicles to purchase GPS-equipped car-tracking tags and be reimbursed for the expense. TC Nighthawks, which debuted the tags last year to assist in the recovery of stolen vehicles, is anticipating increased sales as a result. Notices regarding the settlement and the process for reclaiming out-of-pocket expenses related to thefts and attempted thefts will be sent out this week via mail and email. … Read more

Oregon Senate Passes Bill to Provide Tax Relief for Wildfire Survivors, Allowing Them to Keep More of Their Settlements

SALEM, Oregon — The Oregon Senate unanimously passed a bill on Wednesday that aims to provide financial relief to survivors of wildfires in the state. Sponsored by Senator Brian Boquist, the bill, known as Senate Bill 1520, introduces a tax exemption for court awards and settlements related to wildfires. The legislation comes in response to several lawsuits filed against PacifiCorp, which a jury found responsible for sparking four Labor Day wildfires in 2020. Survivors of these wildfires have received millions of dollars in settlements and awards. However, due to federal tax laws, they have only … Read more

The Texas Two-Step Bankruptcy Tactic Fails to Provide Desired Relief, Ignites Controversy: A Closer Look

Austin, Texas – The controversial “Texas Two-Step” bankruptcy cases, which involved corporations using the tactic of restructuring and subsequently filing for bankruptcy to delay mass tort liability, have proven to be unsuccessful. Companies such as Best Wall, DBMP, Aldrich Pump/Murray Boiler, and most recently, LTL, have all attempted this strategy without success. These failed attempts have garnered significant attention, with critics including the U.S. Senate expressing strong opposition. The concept of the Texas Two-Step has muddled the discussion surrounding the legitimate interests of both public companies seeking “finality” in resolving claims and plaintiffs who want … Read more

Illinois Passes New Laws to Provide Extended Leave for Families Coping with Loss

Springfield, Illinois – New legislation in Illinois is set to expand the amount of leave time available for grieving families. The state has passed laws that aim to provide more support to individuals who have experienced the loss of a loved one. The legislation, signed into law by Governor J.B. Pritzker, will allow employees in Illinois to take up to four weeks of unpaid bereavement leave. This new policy is an amendment to the existing Family and Medical Leave Act, which guarantees employees up to 12 weeks of unpaid leave for various reasons, including the … Read more