Bloomberg Law

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Estate Seeks High Court Review in Insurance Payout Tax Dispute

The estate of a corporation founder has called on the US Supreme Court to review an Eighth Circuit holding that it must include life insurance proceeds as an asset in the company’s fair market value, saying it conflicts with rulings from other appeals courts.

Can Businesses Win Fight Over Covid-19 Insurance Claims?

A growing number of businesses are suing their insurers over denied business interruption insurance claims due to the Covid-19 pandemic. But will they be successful?