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Full-Text Articles in Law
Collateral Offsets To Workers’ Compensation Benefits, Mathew D. Staver
Collateral Offsets To Workers’ Compensation Benefits, Mathew D. Staver
Faculty Publications and Presentations
An employee who is injured in the course and scope of employment may be entitled to receive indemnity and medical benefits. However, the employer/carrier (E/C) also may be entitled to offset certain collateral benefits against workers' compensation indemnity benefits. The purpose behind the offset rules is to prevent an injured employee from reaping a windfall from the work accident so that the employee is not compensated more after than before the accident.
New Zealand Trustee Investing: Reflecting On Modern Portfolio Theory And The Ancient Distinction Of Principal And Income, F. Philip Manns Jr.
New Zealand Trustee Investing: Reflecting On Modern Portfolio Theory And The Ancient Distinction Of Principal And Income, F. Philip Manns Jr.
Faculty Publications and Presentations
The New Zealand Trustee Amendment Act 1988 led the common law world in encouraging (perhaps requiring) trustees to use modern portfolio theory ("MPT") techniques when investing trust funds. A recent High Court decision essentially held that trustees should have engaged in MPT-based investment since 1972. Full integration of MPT principles into trust law affects many areas of trust administration, perhaps most prominently the ancient distinction of principal and income. In addition, renewed attention to careful drafting of a settler's investment and payout intentions and greater investment diversification are likely consequences of MPT-based trust investing.