In the wake of a recent hearing before the Senate Committee on Homeland Security and Governmental Affairs regarding the threats and promises of virtual currency, the value of Bitcoin soared above the $700 mark—a record high for the nascent financial...
On November 20, the FHFA Office of Inspector General (OIG) issued a report critical of Fannie Mae’s oversight of its short sale process and the servicers who participate in that process. The OIG determined—based on a review of 41 short sale...
Two individuals borrowed money from the mother of one of them. A mortgage was prepared to secure the debt, but it was not recorded in the public records.... By: Charles (Chuck) Rubin
The protections of the New Jersey Conscientious Employee Protection Act (CEPA) do not extend to partners with significant control over their company. In Largie v. TCBA Watson Rice, LLP, 2013 WL 4487456 (D.N.J. Aug. 20, 2013) (unpub.), a New Jersey...
On November 26th, 2013, the Canada Revenue Agency (“CRA”) participated in a Roundtable session at the 65th Annual Tax Conference of the Canadian Tax Foundation held in Toronto, Ontario. The panelists announced a one-year pilot project for Pre-Ruling...
On October 14, 2013, the Senate introduced a bill (S3012) that would severely punish repeat violators of the prevailing wage law. Specifically, the bill would grant the commissioner authority to issue a stop-work order against any employer that...
If you become incapable of making your own medical decisions, it is critical to have planning in place so that medical providers and family members know and can implement your wishes. This is especially important if you have a serious illness or a...
On November 5, 2013, New Jersey voters overwhelmingly approved (by a 3 to 2 margin) a constitutional amendment to raise the minimum wage, starting on January 1, 2014, from $7.25 to $8.25 per hour. The amendment also provides......
Earlier today, the Supreme Court of Canada delivered its decision in two Quebec rectification cases, Agence du Revenu du Quebec v. Services Environnementaux AES Inc. and Agence du Revenu du Quebec v. Jean Riopel. In a unanimous decision rendered by...
In the aftermath of an auto accident, the health of the people involved must be everyone’s primary concern. Those who are injured need immediate medical attention, while law enforcement handles the details of clearing the accident scene to remove...