On December 18, 2013, the Board of Directors of the Federal Deposit Insurance Corporation (“FDIC”) published a widely anticipated notice in the Federal Register (the “Notice”) setting forth the FDIC’s single point of entry strategy (“SPOE”) for...
In 2000, the United States Tax Court in Walton v. Commission of Revenue, 115 T.C. 589 (U.S. Tax Ct. 2000) gave approval to the Grantor Retained Annuity Trust (“GRAT”), and since that time, the GRAT has saved taxpayers millions but has cost the United...
On December 18, 2013, New York Governor Andrew Cuomo signed into law the Nonprofit Revitalization Act of 2013 which modernizes the New York nonprofit corporation law. The Act overwhelmingly passed both houses of the New York State Legislature on June...
The Site Remediation Reform Act (“SRRA”) was adopted May 7, 2009 and has been fully enacted since May 7, 2012 and still the New Jersey Department of Environmental Protection (“NJDEP”) is having difficulty relinquishing their authority to Licensed...
This past August, a Florida Panhandle man was convicted of manslaughter when his two dogs viciously attacked his seven year old neighbor as the boy was riding his bike. The jury found the dog’s owner responsible for failing to contain his dogs. He...
On Monday, December 16th, the New Jersey Assembly Labor Committee advanced the Opportunity to Compete Act, a new bill that would prohibit New Jersey employers from inquiring about criminal history on a job application or conducting a criminal...
On December 20, 2013, the Federal Housing Finance Agency (“FHFA”), as conservator of Fannie Mae and Freddie Mac, announced that it will receive settlement payments of $1.925 billion from Deutsche Bank AG in connection with claims of alleged...
Yesterday, the Eighth District Ohio Court of Appeals affirmed the dismissal of a putative class action raising claims against a noteholder, mortgage servicer, and law firm under Ohio’s Consumer Sales Practices Act (“CSPA”). In Glazer v. Chase Home...
Currently, the California Employment Development Department, (EDD), through employee payroll deductions, provides for family temporary disability insurance benefits to workers who need to care for a seriously ill "family member" – specifically,...
It seems like a new revelation about mass surveillance by the U.S. government and our allies occurs on an almost daily basis, each one more astounding than the last. Don’t be surprised if those jingling bells you hear on your roof next week are not...
