The Thread Recommends Social Distancing: Hit the road this
summer.
Travel like a local anywhere in the
United States; take a lobster
roll tour of Maine; consider one of these iconic trips; and use
these road trip
tips from Architectural Digest.
Photo by Dino Reichmuth on Unsplash.
Are you prepared for more litigation?
Expect more litigation due to the
pandemic, and more litigation funding. The lawsuits are already starting. Le
Tote has sued Urban
Outfitters, claiming proprietary information was used to set up a
competitor. In California, cannery workers quarantined on their way to Alaska’s
salmon factories have sued seeking
unpaid wages. Landlord/tenant disputes involving restaurants and retailers
like GAP and Valentino may change leasing terms for
commercial properties.
Asterion has expertise in preparing reports that
demonstrate potential recoveries to assist in obtaining litigation funding. Our
experts can also assist in preparing damages reports or defending damages
claims in litigation matters.
Fraud
never takes a holiday.
German payments processor Wirecard filed for
insolvency and the CEO is out on bail after the discovery that $2.1 billion in
missing deposits never existed. A Singapore-based oil trader has also
collapsed, leaving lenders exposed. Fraud is suspected. Closer to home, the
federal government paid for test tubes. They were
supplied with plastic forms meant to be shaped into soda bottles.
Whether we’re working with financial institutions,
government agencies, companies or individuals, accused or harmed, Asterion is
well-versed in analyzing and documenting fraud schemes. However, we must remind
you that some
people learn nothing. Jack Abramoff is going back to prison.
FYI
The U.S. Supreme Court issued a decision on June 22, 2020 in Liu et al. v. Securities Exchange Commission.
The court affirmed the SEC’s right
to disgorgement and set limits to amounts recoverable.
Trends We’re Watching
Anticipate a wave of corporate
bankruptcies.
On the Lighter Side
You can still get great water ice in
Philadelphia.
Some Philadelphia restaurants are also selling
groceries; plus, here’s an updated list of where
to eat outside right now.
A new monument has been discovered at Stonehenge.
What Doesn’t Surprise Us At All
Drivers are more reckless now.
What
to Watch
Hamilton
premieres July 3, 2020 on Disney+.
Steve Martin on banjo, accompanied by The Philadelphia Orchestra. View previously unseen deep ocean life in the Ningaloo Canyons off the coast of Western Australia.
Spotlight on Commercial DamagesAsterion, Inc. has extensive experience providing expert and consulting advice related to the financial and economic issues involved in commercial damages.