Tuesday, December 11, 2012

Another ELNY "Difficult to Recreate in Today's Environment ...

Edward Stone, the attorney representing a number of ELNY shortfall victims in the appeal of the ELNY liquidation and co-counsel in the class action against New York?Superintendent of Financial Services?Benjamin M. Lawsky and others, tweeted:

"ELNY part deux? Difficult to recreate in today's environment" in a web chat on December 5, 2012.? (emphasis added)

The entire webchat sponsored by Life Health Pro can be found on Twitter, ?hashtag #prowebchat,? or here. Also? follow Attorney Stone on Twitter?@Elny_Stone

Attorney Stone also emphasizes in another tweet "Do your homework.? Don't put all of your eggs in one basket.? Diversify holdings across carriers.? Be mindful of cap limits"?

Edward Stone's tweets are particularly relevant since they come just 4 days after my December 1, 2012 post?entitled "On Executive Life of New York | Touching a Touchy Subject" with the same issue raised in my podcast from June 2012.

I will continue my commentary on this in a separate blog post.

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Source: http://structuredsettlements.typepad.com/structured_settlements_4r/2012/12/another-elny-difficult-to-recreate-in-todays-environment-victims-attorney.html

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