News

The Fisker Decision – Possible Far Reaching Implications for Buyers of Distressed Debt

By EsqSocial Corporation 11/04/14

Buyers and sellers of distressed debt should be aware of the recent decision in the Fisker bankruptcy case, In re Fisker Automotive Holdings, Inc., 2014 WL 210593 (Bankr. D. Del.), which drastically limited the right of a secured creditor to credit...

What to Expect at Mediation in Arizona’s Justice Court System

By EsqSocial Corporation 11/04/14

A little known fact is that in Arizona very few debt collection cases make it to trial. Most debt collection lawsuits either end up with a default judgment because the person being sued didn’t file an Answer with the court, or the cases settle –...

Obtaining Workers’ Compensation For A Mental Illness In Illinois

By EsqSocial Corporation 11/04/14

A mental illness is a disease that causes mild to severe disturbances in a person’s thoughts and behaviors. There are over 200 types of classified mental illnesses....

Financial Services Law

By EsqSocial Corporation 11/04/14

Court: FTC Can Regulate Payday Lenders Affiliated With Indian Tribes - In what is being hailed by the Federal Trade Commission as a victory for regulators, a federal court judge in Nevada has ruled that the FTC has the authority to bring suit...

Peter Mayer Publishers Inc. v. Shilovskaya

By EsqSocial Corporation 11/04/14

Peter Mayer Publishers Inc. v. Shilovskaya - USDC (S.D.N.Y.), March 31, 2014: District court holds that eBook version of translated Russian novel is not a new derivative work under the Copyright Act. Plaintiff Peter Mayer Publishers, Inc.,...

Federal Banking Agencies Finalize Supplementary Leverage Ratio Standards

By EsqSocial Corporation 11/04/14

The next step in the adoption of new capital standards will potentially cause the largest U.S. banking organizations to face more stringent minimum capital requirements. On April 8, the Board of Governors of the Federal Reserve System, the Office...

Insurance and Reinsurance Newsletter: Italy - April 2014

By EsqSocial Corporation 11/04/14

1. IVASS (ITALIAN INSURANCE SUPERVISORY AUTHORITY) – NEW REGULATIONS ON COMPLAINTS MANAGEMENT - On 1 April 2014, the draft measure containing amendments to ISVAP (former Italian Insurance Supervisory Authority) regulation no. 24 dated 19 May 2008...

U.S. Customs And Border Protection Announces Three New Members Of Commercial Targeting And Analysis Center

By EsqSocial Corporation 11/04/14

Participating agencies jointly target commercial imports that threaten health and safety - U.S. Customs and Border Protection (CBP) announced last week that three additional Federal agencies have formally joined the Commercial Targeting and...

Rouse v. Wachovia: a victory for national banks

By EsqSocial Corporation 11/04/14

The Ninth Circuit Court of Appeals has ruled in Rouse v. Wachovia Mortgage, FSB that under 28 U.S.C. § 1348, “a national bank is ‘located’ only in the state designated as its main office.” This ruling resolves the important federal court diversity...

U.S. District Court Confirms FTC Authority To Regulate Corporate Data Security Practices

By EsqSocial Corporation 11/04/14

On April 7, 2014, Judge Esther Salas of the U.S. District Court for the District of New Jersey denied the first ever motion to dismiss filed in Federal court that challenged the authority of the Federal Trade Commission (“the FTC”) to regulate...

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