Searching Content by Mayer Brown ordered by Published Date Descending.
Updating Your Vendor Agreements To Comply With GDPR
If you have been keeping up with the upcoming EU General Data Protection Regulation, you are likely already aware of the myriad steps that you must complete within your organization...
28 Apr 2017
Another Aggressive CFPB Position Leads To Rebuke By Court Of Appeals
Dealing the Consumer Financial Protection Bureau another setback, on April 21, 2017, the DC Circuit Court of Appeals refused to enforce a Civil Investigative Demand issued by the CFPB.
26 Apr 2017
Money Services Businesses Call Report Q1 Submission Deadline Quickly Approaching
The NMLS MSB Call Report, described by the CSBS as "a new tool within the NMLS that will streamline MSB reporting, improve compliance by the industry, create the only comprehensive database...
26 Apr 2017
MBA Issues Proposal On GSE Reform
On the theory that Fannie Mae and Freddie Mac cannot remain in conservatorship forever, on April 20, 2017, the Mortgage Bankers Association issued a proposal for reform of Fannie Mae and Freddie Mac, titled ...
24 Apr 2017
President Trump Signs "Buy American And Hire American" Executive Order
On April 18, 2017, at the Snap-On Tools® plant in Kenosha, Wisconsin, US President Donald Trump signed an EO addressing two aspects of the administration's policy: protection of US jobs and preference for US-manufactured products or goods.
21 Apr 2017
Carpe Per Diem Disclosure — California Department Of Business Oversight Clarifies Its Position
The California Department of Business Oversight* ("DBO") appears to have backed off of its pronouncement late last year that lenders may not deliver per diem disclosures to all borrowers.
20 Apr 2017
Bankruptcy Court Imposes Massively Disproportionate $45 Million Punitive Exaction, Then Plays Santa Claus With $40 Million Of It
A bankruptcy judge in the Eastern District of California recently issued a decision that is sure to raise appellate eyebrows.
20 Apr 2017
New Pay-to-Play Rules And Recent Enforcement Actions
Regulators have also brought several new enforcement actions during the first quarter of this year under existing pay-to-play rules and ethics laws.
19 Apr 2017
Can Opt-Out Plaintiffs File Suit After Expiration of a Statute of Repose? Supreme Court Hears Oral Argument in CalPERS v. ANZ Securities
Yesterday afternoon, the Supreme Court heard oral argument (pdf) in CalPERS v. ANZ Securities, a case that asks whether a plaintiff asserting violations of Section 11 of the Securities Act of 1933 can file suit after the three-year outer limit for such suits has passed ..
18 Apr 2017
Maryland Legislative Session Adjourned
The 2017 Maryland legislative session ended at midnight last Monday, April 10. Here is a look at legislation affecting financial services businesses that the Governor is expected to sign into law.
18 Apr 2017
Supreme Court Decision Alert - April 18, 2017
Today, the Supreme Court issued two decisions, described below, of interest to the business community.
18 Apr 2017
Travel Ban Cases to Be Heard on Expedited Bases by Courts of Appeals
In separate proceedings, two federal appeals courts announced recently that they would fast-track appeals of lower-court decisions to temporarily bar implementation of the executive order titled "Protecting the Nation from Foreign Terrorist Entry into the United States," signed by President Donald Trump on March 6, 2017.
13 Apr 2017
NJ Bankruptcy Case Takes Aim at Small Business Financing — Merchant Cash Advances and Bank Partnerships
A complaint filed March 23 by the bankruptcy trustee for Lam Cloud Management, LLC in the United States Bankruptcy Court for the District of New Jersey challenges two small business financing models:
10 Apr 2017
Agency Reversal On H-1B Eligibility For Entry-Level Computer Programmers Requires Extra Steps For Employers
In a Policy Memorandum—"Rescission of the December 22, 2000 ‘Guidance memo on H1B computer related positions,'" PM-602-0142, March 31, 2017,—issued on the eve of the annual H-1B visa filing period, ...
7 Apr 2017
Supreme Court Docket Report - April 3, 2017
Today, the Supreme Court granted certiorari in one case of interest to the business community: Alien Tort Statute—Application to Corporations
4 Apr 2017
DC Circuit invalidates FCC's opt-out requirement for solicited faxes
Good news for businesses that use fax machines to communicate with customers: A panel of the D.C. Circuit has just struck down the FCC's 2014 order mandating that even faxes requested by the recipient that contain advertising material include a special opt-out notice.
3 Apr 2017
Mayer Brown Secures Political Asylum For Pro Bono Client
Mayer Brown successfully secured a grant of political asylum for Ms. X, a pro bono client. Ms. X was a Pakistani citizen who had studied in the United States in high school as part of an international...
31 Mar 2017
Mayer Brown Secures Pro Bono Appellate Victory For Mentally Ill Inmate
A Mayer Brown pro bono team in Chicago and Washington DC secured a significant victory for an Illinois inmate in a civil rights suit challenging his punitive transfer out of a specialized...
31 Mar 2017
In WTO Dispute With The European Union Over Poultry, China Wins Narrow Victory
On March 28, 2017, a World Trade Organization ("WTO") panel (the "Panel") issued its report in European Union – Measures Affecting Tariff Concessions on Certain Poultry Meat Products.
29 Mar 2017
Two Recent Appellate Decisions Illustrate Divergent Approaches To Spokeo
Hundreds of lower courts have interpreted and applied the Supreme Court's decision in Spokeo, Inc. v. Robins over the past ten months.
28 Mar 2017