News

D.C. Circuit Holds Government False Claims Case Not Precluded By National Mortgage Settlement

By EsqSocial Corporation 18/06/14

On June 10, the U.S. Court of Appeals for the District of Columbia affirmed the district court’s decision not to enjoin the federal government from pursuing alleged False Claims Act violations against a bank that argued such claims were precluded by...

Full House Committee to hold hearing on the CFPB’s fifth semi-annual report

By EsqSocial Corporation 18/06/14

The House Committee on Financial Services will hold a hearing tomorrow to receive the Semi-Annual Report of the CFPB and Director Cordray’s testimony on the report. CFPB Director Cordray is scheduled to be the only witness....

U.S. Supreme Court Rules That Inherited IRAs are Available to Pay Creditors

By EsqSocial Corporation 18/06/14

On June 12, 2014, the U.S. Supreme Court issued its opinion in Clark v. Rameker[1], opening up another source of recovery for creditors and Chapter 7 trustees in bankruptcy proceedings. In Clark, a Chapter 7 debtor inherited an IRA from her mother...

Spain: Opening of the tender for the BCN World gambling resort

By EsqSocial Corporation 18/06/14

On June, 13, 2014 the regional gambling authorities of Catalonia (“Direcció General de Tributs i Joc“) officialy adopted the (long-time awaited) call for tender for launching the so-called BCN World gambling resort. Under the said call, gambling...

SEC's Enforcement Action Against Hedge Fund Adviser for Retaliation Against a Whistleblower Highlights Challenges Employers Face

By EsqSocial Corporation 18/06/14

After repeated warnings over the last few years that it had both the authority and willingness to do so, on June 16, 2014, the SEC brought its first enforcement action for retaliation against a whistleblower under the Dodd-Frank Wall Street Reform...

Case Alert: Reynolds v CLFIS (UK) Limited

By EsqSocial Corporation 18/06/14

What happened? In Reynolds v CLFIS (UK) Limited, the EAT decided that in discrimination cases, the mental processes of all employees who have significantly influenced the alleged discriminatory decision are relevant, not just the motives of the...

Department of Energy Invests $20 Million in Hydrogen Production

By EsqSocial Corporation 18/06/14

Early this week, the Department of Energy awarded $20 million in funding to ten new projects aimed to advance hydrogen production and delivery technologies. The selected projects will in some way aid the widespread commercialization of various fuel...

SEC Charges Hedge Fund Adviser with Whistleblower Retaliation under Dodd-Frank

By EsqSocial Corporation 18/06/14

On June 16, 2014, the SEC issued its first-ever charge of whistleblower retaliation under section 922 of the Dodd-Frank Act, charging a hedge fund advisor and its owner with “engaging in prohibited principal transactions and then retaliating against...

Department of Conservation Issues Revised, Proposed Well Stimulation Treatment Regulations

By EsqSocial Corporation 18/06/14

On June 13, 2014, the Department of Conservation (“Department”) issued a public notice and posted the latest version of the proposed regulations for the use of well stimulation in oil and gas production (“Revised Proposed Regulations”). These are...

Woman convicted of filing fake $100B liens against former US attorney and others

By EsqSocial Corporation 18/06/14

“I don’t owe anyone $100 billion," former U.S. Attorney Patrick Fitzgerald testified in federal court in Chicago this week, and a jury apparently believed him.

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