News

Corporate & Business Alert: Minnesota Adopts New Limited Liability Company Act

By EsqSocial Corporation 23/07/14

On April 8, 2014, Governor Dayton signed into law the Minnesota Revised Uniform Limited Liability Company Act – new Chapter 322C of the Minnesota Statutes (the “New Act”). The New Act will become effective on August 1, 2015, for all LLCs formed on or...

Vitriol, Asperity and Acrimony

By EsqSocial Corporation 23/07/14

Unease on Jones Street has shifted just a tad for the worse. We prefer to update you on bills and committees but the lack of legislative progress the last three weeks is becoming its own thing....

CFPB to Scrutinize Nonbank Products: Prepaid Cards, Debt Settlement, Credit Repair, and Pawn and Title Loans

By EsqSocial Corporation 23/07/14

Three years after it opened for business, on July 21, 2014, the Consumer Financial Protection Bureau (CFPB) announced it was accepting complaints from consumers with problems with (1) prepaid cards; (2) debt settlement services; (3) credit repair...

Health Care Alert: ACA Health Insurance Subsidies Called into Question by DC Circuit

By EsqSocial Corporation 23/07/14

Yesterday, a divided three judge panel of the United States Court of Appeals for the DC Circuit struck down the IRS regulation allowing federal premium subsidies for individuals buying health insurance at Exchanges/Marketplaces run by the federal...

CFTC Seeks Comment on ICE Clear Europe Portfolio Margining Proposal

By EsqSocial Corporation 23/07/14

The Commodity Futures Trading Commission has requested public comment on a petition submitted by ICE Clear Europe Limited to amend an order issued by the CFTC on May 30......
By: Katten Muchin Rosenman LLP

Ralls Case: How It Will Impact the CFIUS Process

By EsqSocial Corporation 23/07/14

A recent decision by the D.C. Circuit has prompted much speculation about possible changes to the traditionally opaque and secretive national security review process administered by the Committee on Foreign Investment in the United States (CFIUS or...

Executive Order Extends LGBT Protections to Federal Contractor Employees

By EsqSocial Corporation 23/07/14

On Monday, July 21, 2014, President Obama amended two prior executive orders to extend employment protections to lesbian, gay and/or transgender (LGBT) workers. Executive Order 11246 was first signed by President Lyndon B. Johnson in 1965 to ban...

It’s All "Just Paperwork" Until Somebody Gets Hurt: Be Proactive in Preventing Workplace Violence

By EsqSocial Corporation 23/07/14

“Help, there is an angry man waving a gun around in the lobby!” These are the kinds of words no employer wants to hear and can make all other concerns seem trivial in comparison. Sadly, the statistics confirm what we regularly see on the cable news...

Citigroup Settles with DOJ for $7 Billion

By EsqSocial Corporation 23/07/14

Citigroup announced last week that it will pay $7 billion to end an investigation by the U.S Department of Justice into misconduct related to its mortgage securitization practices. The blockbuster settlement came days before DOJ lawyers were expected...

HUD continues reorganization of key leadership

By EsqSocial Corporation 23/07/14

As part of its efforts towards continued reorganization, the U.S. Department of Housing and Urban Development (HUD) has recently announced changes to the Office of Multifamily Housing leadership staff. Mark Van Kirk, the Director of Asset Management,...

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