News

"Hello Jake, I hate to tell you this but we can't ship your order this week. One of our key suppliers is holding us up." Originally Published in the Grand Rapids Business Journal - February 14, 2014....
By: Varnum LLP

Last week, the Federal Reserve Board (the “Board”) issued its long-awaited final enhanced prudential rule (Regulation YY) under Section 165 of the Dodd-Frank Act (the “Final Rule”) for bank holding companies and foreign banking organizations (“FBOs”)...

Japan’s automakers are forecasting record-high profits for the fiscal year ending March 31, 2014. The weakening yen is a big contributor to this phenomenon, but it isn’t the only factor. By February 10, 2014, Japan’s big seven automakers – Toyota,...

To settle or not to settle; that is the question, right? It is asked when you receive the demand letter threatening a class action, when the complaint is filed and served, at the initial scheduling conference, before the class certification hearing...

On February 13, the New Mexico Supreme Court held that a borrower’s ability to repay a home mortgage loan is one of the “borrower’s circumstances” that lenders and courts must consider in determining compliance with the New Mexico Home Loan...

The Treasury Department and Internal Revenue Service recently issued final regulations implementing the employer shared responsibility provisions of the Affordable Care Act. For “applicable large employers” — i.e., those with an average of 50 or more...

As a first step in its process to amend the Home Mortgage Disclosure Act reporting requirements “to make it easier for mortgage lenders to provide better information,” and to “seek to assess whether there are opportunities to improve upon the data...

The conventional wisdom: Negotiation is serious business, you have to keep your eye on the ball, it’s war carried out by other means. Originally published in Forbes on 01.31.14....
By: Gilbert LLP

February is the last date Recovery Audit Contractors (RACs) and Medicare Administrative Contractors (MACs) can issue additional documentation requests (ADRs) as the current Recovery Audit Program contracts are coming to a close. This will give...

The Securities and Exchange Commission approved two changes to Financial Industry Regulatory Authority Rule 8312 relating to FINRA BrokerCheck Disclosure (BrokerCheck Rule)......
By: Katten Muchin Rosenman LLP

Pages