News

Senate Passes LGBT Workplace Anti-Discrimination Bill

By EsqSocial Corporation 12/11/13

The U.S. Senate passed a bill last week that would provide workplace protections to gays, lesbians and transgender individuals. The so-called “Employment Nondiscrimination Act” passed the Democratic-led chamber on a 64 to 32 vote. Arizona Sen....

Mount Holly town council vote on settlement expected tomorrow

By EsqSocial Corporation 12/11/13

We understand that the parties are expected to sign the settlement agreement in Township of Mount Holly v. Mt. Holly Gardens Citizens in Action, Inc. sometime today and/or tomorrow and the Mount Holly town council is expected to approve the...

Rating Agency Developments - November 12, 2013

By EsqSocial Corporation 12/11/13

On November 6, Moody’s released its U.S. RMBS surveillance methodology. On November 6, Moody’s released its approach to rating RMBS using the ‘MILAN‘ (Moody’s Individual Loan Analysis) framework. On November 6, DBRS released its criteria for rating...

Texas Supreme Court Takes On Unclaimed Property Law Limits to Class Action Settlement Agreements—and Other Private Contracts

By EsqSocial Corporation 12/11/13

The Texas Supreme Court heard oral argument November 7 in a case that raises far-reaching questions about the rights of private parties to contract, particularly in class action settlements. In State v. Highland Homes, Ltd., 2012 Tex. App. LEXIS 4673...

Illinois Supreme Court to Decide Whether Waiver of Personal Jurisdiction Operates Retroactively

By EsqSocial Corporation 12/11/13

Our previews of the latest additions to the Illinois Supreme Court's civil docket continue with BAC Home Loans Servicing, LP v. Mitchell. BAC Home Loans presents the following question: does waiver of a personal jurisdiction objection operate...

Venture Exchanges in the U.S. and Right-Sized Disclosure Requirements

By EsqSocial Corporation 12/11/13

In a recent speech delivered at a Futures Industry Association conference, Commissioner Gallagher raised the possibility of a venture exchange. Commissioner Gallagher addressed broader market structure issues in his remarks; however, he devoted a...

CFTC Approves Position Limits Proposals

By EsqSocial Corporation 12/11/13

The Commodity Futures Trading Commission has proposed amendments to its existing speculative position limit regulations. The proposed amendments, which are being published in two separate releases, are being re-proposed by the CFTC in response to a...

Florida statute provides confidentiality in disputes involving wills and trusts

By EsqSocial Corporation 12/11/13

Which American president was the first to incorporate arbitration as a dispute resolution method in his will? Every lawyer swears an oath to maintain the secrets of clients. This is the client’s guarantee that when he or she consults a lawyer...

CFPB issues guidance regarding counseling requirements for mortgages

By EsqSocial Corporation 12/11/13

Last week the CFPB issued an interpretive rule, bulletin, and press release instructing lenders on how to comply with the counseling requirements set forth in the new mortgage rules, which go into effect in January....

Severance Tax Debate Continues

By EsqSocial Corporation 12/11/13

Through the summer and leading up to the adoption of Ohio’s biennial budget, changes to Ohio’s severance tax were discussed in the General Assembly and in the media. Severance tax provisions were cut from discussions fairly early in the budget...

Pages