Kang Haggerty NewsThe Corporate Transparency Act (the “CTA”) is a new federal law that became effective on January 1, 2024. Aiming to provide law enforcement with the tools and information to detect, prevent, and punish financial misconduct via business entities, this new law requires certain businesses to report “Beneficial Ownership Information” (or BOI) to the US Department of the Treasury’s Financial Crimes and Enforcement Network (FinCEN). Since failure to comply with these new obligations could bring civil and criminal penalties, it is essential for business owners to be informed of the law and to comply with the CTA’s reporting requirements. Continue reading ›
Articles Posted in Risk Management Counseling
Best Law Firms® Recognizes Kang Haggerty with 2024 National, Regional Rankings
Kang Haggerty has once again received national and regional recognition in the 14th edition of the United States Best Law Firms® rankings. Continue reading ›
Kang Haggerty Attorneys Recognized in 30th Edition of The Best Lawyers in America
Kang Haggerty LLC is proud to have two lawyers recognized in The Best Lawyers in America® and two lawyers recognized in the Best Lawyers: Ones to Watch® in America 2024 editions. Congratulations to Henry J. Donner, Gregory H. Mathews, Kandis L. Kovalsky and Kyle T. Garabedian. Continue reading ›
Kang Haggerty Earns National, Regional Recognition in U.S. News “Best Law Firms” 2023
Kang Haggerty has once again received national and regional recognition in U.S. News – Best Lawyers® “Best Law Firms” 2023. In the national rankings, Construction Law and Litigation-Construction are both recognized. In regional rankings for Philadelphia, Commercial Litigation, Construction Law, Employee Benefits (ERISA) Law, and Litigation-Construction are all ranked. Continue reading ›
Kang Haggerty Attorneys Recognized in 29th Edition of The Best Lawyers in America
Kang Haggerty LLC is pleased to announce that four of the firm’s attorneys have been selected for inclusion in The Best Lawyers in America© 2023. Congratulations to Henry J. Donner, Gregory H. Mathews, Kandis L. Kovalsky and Kyle T. Garabedian. Continue reading ›
Legal Intelligencer: Internal Investigations in the NFL: Lessons for Organizations Large and Small
For practitioners, these Daniel Snyder events provide helpful tips relating to how organizations both large and small should conduct internal investigations.
In the January 20, 2022 edition of The Legal Intelligencer, Edward T. Kang of Kang Haggerty co-authored “Internal Investigations in the NFL: Lessons for Organizations Large and Small.”
Daniel Snyder, the embattled owner of the Washington Football Team, has been in the news again recently for all the wrong reasons. No stranger to scandal, Snyder has now been accused of interfering with the 2021 investigation into the workplace environment of his organization. This is just another in a long list of controversies Snyder has found himself embroiled in, which include suing financially distressed season ticket holders during the Great Recession, banning fans from bringing signs to FedEx Field, and rebranding his franchise after its former namesake was retired. This, coupled with Washington’s lack of success during his tenure, has led some to label him the worst owner in all of professional sports. Continue reading ›
Legal Intelligencer: Self-Funded Employer Health Plans: Benefits, Pitfalls and Strategies
This column will focus primarily on self-funded plans, the types of disputes that often arise relating to these plans, and suggestions for avoiding or resolving these disputes.
In the December 2, 2021 edition of The Legal Intelligencer, Edward T. Kang of Kang Haggerty co-authored “Self-Funded Employer Health Plans: Benefits, Pitfalls and Strategies.”
The majority of Americans receive their health coverage through some type of employer-based insurance, and there are two main types of plans: fully insured and self-funded. Fully insured plans offer health insurance in the more conventional sense, where an employer and its employees pay monthly premiums to an insurer, who then covers the cost of medical treatment provided by its network of professionals. Continue reading ›
Kang Haggerty Earns National Rankings from U.S. News “Best Law Firms” 2022
Kang Haggerty LLC has once again received national recognition for its Construction Law practice in the U.S. News – Best Lawyers® “Best Law Firms” 2022. The firm appeared in the national rankings for both Construction Law and Litigation – Construction. The practice is led by Henry Donner.
In addition, the firm was recognized for excellence in the Philadelphia Metropolitan listings as a Tier 1 law firm in Litigation – Construction for the region. Construction Law, Employee Benefits (ERISA) Law, and Commercial Litigation all were recognized as well. Kang Haggerty’s reputation as a go-to business litigation boutique continues to grow each year.
Firms included in the 12th Edition of U.S. News – Best Lawyers “Best Law Firms” are recognized for professional excellence with consistently impressive ratings from clients and peers. To be eligible for a ranking, a firm must first have a lawyer recognized in The Best Lawyers in America©, which recognizes 5% of lawyers practicing in the United States. Achieving a tiered ranking signals a unique combination of quality law practice and breadth of legal expertise.
Donner, Mathews, Kovalsky Recognized in 28th Edition of The Best Lawyers in America©
Kang Haggerty LLC is pleased to announce that three of the firm’s attorneys have been selected for inclusion in The Best Lawyers in America© 2022. Congratulations to Henry J. Donner, Gregory H. Mathews and Kandis L. Kovalsky.
Donner also received recognition as “Lawyer of the Year” in the practice of Litigation – Construction for Philadelphia.
Attorneys were recognized in the following practice areas for Philadelphia, Pennsylvania:
Withdrawal Liability Basics
Given the pandemic and its effect on financial markets coupled with the loss of contribution hours in certain industries, such a construction, many defined benefit pension plans have become underfunded once again. What may come as a surprise to contributing employers of multi-employer pension plans is the impact an underfunded pension plan can have on their business upon withdrawal from the plan. Employers should be aware of withdrawal liability and how to minimize its financial consequences. Continue reading ›