Dodd Frank Act Definition of “Municipal Advisor” A “municipal advisor” is a person (including a firm or an associated person) (but not including a municipal entity or an employee of a municipal entity) who (1) provides “advice” to “municipal...
Summer vacations are over, and now bank management and directors need to focus on compliance. Below are five current legal topics that Washington bankers should be considering this fall. 1. Loans Secured by Residential Real Estate. With the...
Every year, millions of Americans draft fantasy football teams. Many players raise the stakes by adding cash prizes and bets to the mix. But is playing fantasy football for money illegal? That answer may surprise you.......
On November 4, the United States District Court for the Central District of California denied certification of a putative nationwide class that alleges a mortgage servicer and lender-placed insurance (LPI) companies violated California’s Unfair...
Here is a cautionary tale for insurers with respect to the enforceability of settlement agreements. SCA Promotions, Inc. (SCA), a Dallas-based company that offers prize indemnification insurance to athletes, has been in a continuous battle with...
Will three federal appeals court judges who booted a federal district court judge from overseeing a lawsuit about New York City police stop-and-frisk practices get a taste of their own medicine?
The SEC announced a deferred prosecution agreement, or DPA, with a former hedge fund administrator who helped the agency take action against a hedge fund manager who allegedly stole investor assets. According to the SEC’s DPA with Scott Herckis –...
The Marriott company holiday party in Del Mar, California in December 2009 was like many other company parties. The party was held at the Del Mar Marriott hotel and all employees were welcome, but attendance was clearly voluntary....
On November 4, 2013, the U.S. Fish and Wildlife Service (Service) published a proposed rule to remove the Inyo California towhee (Pipilo crissalis eremophilus) from the list of threatened and endangered species under the Endangered Species Act (ESA)....
On October 21, Florida-based health insurer AvMed, Inc. (AvMed) settled a data breach class action lawsuit for $3 million, even though no plaintiffs in the class demonstrated that they had suffered identity theft or any other type of fraud as a...
