News

The Vermont Department of Financial Regulation’s Captive Insurance Division has released a bulletin entitled “Guidance for Special Purpose Financial Insurers” to provide guidance regarding licensing standards and regulatory requirements for Special...

Section 1411 of the Patient Protection and Affordable Care Act (the "ACA") levies a new 3.8% tax on "net investment income" (the "NII Tax"). Among other things, the net investment income subject to the NII Tax includes certain "gross income from...

On February 25, the Massachusetts Office of Consumer Affairs and Business Regulation (OCABR) published the results of its survey of prepaid cards. The OCBAR examined 16 different purchasing and use-related fees for 11 randomly-selected prepaid cards,...

The process of pursuing a civil appeal in California can be a bit of a mystery for the first time litigant or trial lawyer. This post is the first in a series on explaining the process of a civil appeal. The first and most critical step is to...

We recently posted about the Legislature’s recent amendment to the RPTL 458-a Alternative Veterans’ Exemption. From what we have seen and heard, most school districts statewide have determined not to pass the law by March 1, 2014 so that it would...

On Tuesday, Bank of America disclosed in its annual report with the US Securities and Exchange Commission (SEC) that “government regulators” in North America, Europe and Asia are investigating its foreign exchange and mortgage practices and that the...

How do attorneys stimulate deal flow and keep everyone engaged and moving forward? And, more importantly how do clients receive value from their attorney? Good attorneys are cost-effective, and since we are in the transaction business, we must always...

After hinting for months that it intends to use its enforcement powers to police lending in the higher education arena, the CFPB dropped the hammer on ITT Educational Services, filing suit against the for-profit college over alleged predatory lending...

Eight months ago, we sent a client alert when the Georgia Supreme Court released its opinion responding to questions certified by the U.S. District Court for the Northern District of Georgia in You v. J.P. Morgan Chase Bank, N.A., et al., in which it...

On February 12, 2014, President Obama signed an Executive Order requiring all federal contractors and subcontractors to pay a minimum of wage of $10.10 effective January 1, 2015 and providing for additional future increases as determined by the...

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