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Hotel business based in NH sues insurance company over claim of pandemic losses going unpaid

Hotel business based in NH sues insurance company over claim of pandemic losses going unpaid
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Updated: 7:08 PM EDT Apr 5, 2021
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Updated: 7:08 PM EDT Apr 5, 2021
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HASN’T LIVED UP TO ITS PROMISE. MIKE: NEW HAMPSHIRE BUSINESSMAN MARK STEBBINS SAYS THE PANDEMIC HAS CAUSED TENS OF MILLIONS OF DOLLARS IN LOST REVENUE FOR HIS HOTELS SPANNING FROM NEW HAMPSHIRE TO NEW JERSE WHEN HE FILED A CLAIM, HE FELT CONFIDENT HIS BUSINESS INTERRUPTION INSURANCE WOULD FILL THE GAP. IN THIS CASE, I NEVER NEEDED IT MORE. MIKE HOWEVER, AFTER PAYING UPWARDS OF $1.5 MILLION A YEAR FOR HIS POLICY, STEBBINS CLAIM WAS DENIED. THEY ARE SAYING, IT HASN’T DAMAGED YOUR PROPERTY. WE ARE SAYING IT HAS DAMAGED OUR PROPERTY. MIKE: ACCORDING TO THE LAWSUIT THE INSURANCE COMPANY ARGUES, THERE NEEDS TO BE LOSS OR DAMAGE TO PROPERTY THAT PREVENTS CUSTOMERS FROM RECEIVING THE HOTELS’ GOODS OR SERVICES. THE HOTELS SA ....

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Wyoming One Step Closer to Passing Landmark DAO Law

A bill was introduced in January to give company status to DAOs.
Today it passed the first hurdle in the Senate, but it still has a long way to go.
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Wyoming lawmakers today came closer to putting a law into place that would grant company status to decentralized autonomous organizations (DAOs).
At the Wyoming Legislature’s Corporations, Elections & Political Subdivisions Meeting, the Senate approved Bill 38, introduced in January, through the first committee hearing.
The bill wants to make DAOs recognized by state authorities and grant them the ability to form as limited liability companies (LLCs).
But it still has a long way to go. Matt Kaufman, an attorney and partner at Hathaway&Kunz law firm who explained the bill at the meeting, told Crypto Briefing that although he was “super pleased,” the bill “still has a way to go before it’s final.” ....

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Wyoming Law To Give DAOs Company Status One Step Closer To Passing

Wyoming Law To Give DAOs Company Status One Step Closer To Passing
Last Updated: 10 March 2021
Today, Wyoming lawmakers took that one step closer to put a new law in place. This law is of extreme importance to the crypto world’s DeFi space, as it would allow Decentralized Autonomous Organizations (DAOs) the ability to gain company status within the state.
DAO’s Might Gain LLC Status
Bill 38 saw its approval at the Wyoming Legislature’s Corporations, Elections, and Political Subdivisions Meeting.
DAOs took a HUGE step forward today
The Wyoming DAO bill passed the Wyoming Senate committee. I’ll try to keep folks posted on what happens next. ....

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Wyoming Bill Granting Crypto DAOs Legality Nears Approval

Wyoming Bill Granting Crypto DAOs Legality Nears Approval
Landmark legislation allowing decentralized autonomous organizations to set up in Wyoming has passed the Senate Committee stage.
In brief
A bill to recognize DAOs as companies has passed through the Senate Committee stage in Wyoming.
The legislation would make it easier and cheaper to set up a DAO and give legitimacy to many cryptocurrency projects.
The US state of Wyoming came one step nearer to making history on Tuesday when its Senate Committee members approved a bill that would allow decentralized autonomous organizations (DAOs) to incorporate in the state.
The DAO bill now goes to a vote in the Senate, and then the House. If all is well, it’s then signed into law. ....

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