Tag Archives: exclusions

IRS Attempts to Tighten Rules for Business Meal Exclusions

By William Colgin and John Ludlum William Colgin Internal Revenue Code Section 119 (Code Section 119) allows employees to exclude from income the value of any meals furnished by or on behalf of their employer if the meals are furnished … Continue reading

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Guest Post: War Exclusions and Cyber Attacks

Bill Boeck In June 2017, the food company Mondelez International was one of the companies hit by the major global computer malware attack dubbed NotPetya. According to news reports, the malware caused damage to the company’s network servers and computers … Continue reading

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DOJ Opinion Leaves Industry Hanging: If UIGEA Exclusions Don’t Modify the Wire Act What Does That Mean for Intrastate Gambling Transactions?

The recently released Department of Justice (“DOJ”) opinion (“DOJ Opinion”) concluding that the Wire Act prohibits both sports and non-sports related Internet betting and wagering, leaves the industry with the burning question of “what about intrastate Internet gambling?”  On its face, … Continue reading

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Exclusions In Commercial Auto Policies

Here are a few articles for insurance lawyers handling commercial policy cases. Commercial auto policies often contain business use exclusions that exclude coverage when a scheduled auto is used “in the business” of a lessee.  A policy containing such a … Continue reading

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The Sentinel Strike: The Hartford’s Gift to New York Insurers in the War to Stop Policyholder Experts from Claiming Ambiguities Exist in Clear Policy Exclusions

In this age of exponentially increasing technology, we can rely on one certainty in property casualty jurisprudence – that is, bold policyholder assertions supported by even bolder “expert” opinions. In BF Advance, LLC v. Sentinel Insurance Company, No. 16-cv-5931 (E.D.N.Y. … Continue reading

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