News

CME Launches Exchange Action Database

By EsqSocial Corporation 30/04/14

On April 23, CME Group Inc. issued a special executive report informing market participants that it has launched a searchable database of disciplinary actions, summary access denial actions and emergency actions taken by the Chicago Mercantile...

CFPB Proposes to Extend Temporary Exemption under Remittance Transfer Rule

By EsqSocial Corporation 30/04/14

The CFPB proposed revisions to its remittance transfer rule finalized and amended several times. The proposal would amend the remittance rule to extend a temporary exemption and make additional clarifications to the rule. The Electronic Funds...

The Wind Bloweth Where It Listeth — And the Supreme Court Says EPA Therefore Has Discretion in Regulating Wind-Borne Pollution

By EsqSocial Corporation 30/04/14

The Supreme Court today reversed the D.C. Circuit and affirmed EPA’s Transport Rule (known more formally as the Cross-State Air Pollution Rule). Whatever the hopes and dreams of the upwind states and the industry opponents, the decision does not...

Court Rejects Two Common Methods Of Proving Reliance On Class-Wide Basis

By EsqSocial Corporation 30/04/14

Plaintiffs in a securities fraud class action containing over 2,000 individual investors were unable to convince a New York District Court that the reliance element of their claims was susceptible to a common method of proof for all putative class...

Tribal Lenders File Opposition to CFPB’s Motion to Enforce Civil Investigative Demand

By EsqSocial Corporation 30/04/14

Resisting the CFPB’s enforcement petition filed in the United States District Court for the Central District of California, as they resisted the petition in proceedings before the CFPB, a group of tribally-affiliated lenders filed their opposition to...

Massachusetts Superior Court Holds that a Lateral Transfer Can Constitute an Adverse Employment Actions Under M.G.L. 151B; Affirms Jury Award of $750,000 in Emotional Distress and Punitive Damages

By EsqSocial Corporation 30/04/14

A recent decision from a Massachusetts superior court reinforces what we’ve known for quite some time – be extremely mindful of the actions you take with respect to an employee lodging a complaint under M.G.L. 151B, the state’s anti-discrimination...

Unruly Passengers Beware: ICAO Delivers Montreal Protocol 2014 to Enhance Enforcement Measures Against Unruly Passengers

By EsqSocial Corporation 30/04/14

This month the International Civil Aviation Organization (ICAO) officially adopted a Protocol to amend the Tokyo Convention on offenses committed on aircrafts. The culmination of a four-year effort to modernize the Tokyo Convention, the Montreal...

What’s The Opposite Of Rubber Stamping A Settlement? Meet Judge Kane In SEC v. Van Gilder.

By EsqSocial Corporation 30/04/14

Judge John L. Kane of the United States District Court for the District of Colorado is uninterested in oxymoronic gimmicks, that much is clear. In a fiery April 24, 2014 opinion, Judge Kane rejected settlements between the SEC and two individual...

Proposed California Legislation Would Limit and Possibly Punish Non-Disparagement Clauses in Online Consumer Contracts

By EsqSocial Corporation 30/04/14

On Tuesday, April, 22, the California Assembly Judiciary Committee voted 10-0 to approve a so-called “Yelp bill” that would prohibit companies from suppressing negative consumer reviews through the use of “non-disparagement clauses” in contracts with...

UPDATE: Developments in the Ukraine and Impact on Investments

By EsqSocial Corporation 30/04/14

Following the agreement between G7 leaders on 25 April to promptly impose additional sanctions on Russia as it has failed to deliver on its Geneva commitments, the EU and the U.S. have now added new individuals and entities to their respective lists....

Pages