Victimized by ransomware, law firm sues insurer for $700K in lost billings–ABA Journal

BY DEBRA CASSENS WEISS

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Moses Afonso Ryan, a 10-lawyer law firm in Providence, says it paid $25,000 in ransom, but the amount is far less than its lost billings, the Providence Journal reports. A review of records for the same three months last year shows the firm had more than $700,000 in billings during the time period, according to the suit.

The suit (PDF) was originally filed in state court and removed to federal court. It claims that Sentinel Insurance Co. is responsible for the loss under policy coverage for lost income.

Read entire article…

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Interim Guidance for Responsibility to Process all Requests for Discharge of the Estate Tax Lien

The IRS has issued Interim Guidance, dated April 5, 2017, which appears to signal relief and a return to prior practices.

The Interim Guidance is available using the link here. https://www.irs.gov/pub/foia/ig/spder/sbse_05_0417_0011.pdf

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This memorandum provides Interim Guidance (IG) for Specialty Collection Advisory and Specialty Examination Estate & Gift Tax employees with respect to all applications for requests of discharge of the estate tax lien made after June 2016.

Hat Tip to Gilbert Hoffman.

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