Hubs

April 13, 2013

First Circuit Rules on Borrower’s Challenge to Foreclosure under Massachusetts Law

First Circuit Rules on Borrower’s Challenge to Foreclosure under Massachusetts Law Continuing a trend of rejecting challenges to foreclosure by Massachusetts borrowers, the First Circuit affirmed dismissal of a complaint alleging several commonly made arguments in foreclosure litigation. After defaulting, the borrower’s home was foreclosed upon. The borrower filed suit alleging wrongful foreclosure, slander of title […]

Hubs
April 13, 2013

A Month in UK Employment Law – April 2016

A Month in UK Employment Law – April 2016 News & Legislation Update Gender Pay Gap Reporting Draft Regulations published The first draft of regulations requiring any employer in the UK with at least 250 employees to publish information about the difference in pay between men and women was published in February 2016. Although subject […]

Hubs
April 11, 2013

One Step Closer to a Revised “Accredited Investor” Definition

One Step Closer to a Revised “Accredited Investor” Definition At its meeting on October 9, the Securities and Exchange Commission (SEC) Investor Advisory Committee recommended (by voice vote, with one dissent) that the SEC adopt significant updates to the definition of “accredited investor” as it applies to natural persons as found in Rule 501 under […]

Hubs
April 8, 2013

National Association of Insurance Commissioners Releases Draft Model Law Updating Managed Care Adequacy Model Act

National Association of Insurance Commissioners Releases Draft Model Law Updating Managed Care Adequacy Model Act On November 12, 2014, the National Association of Insurance Commissioners (“NAIC”) released a draft model law updating the NAIC’s Managed Care Network Adequacy Model Act.  The NAIC regularly creates model laws to serve as templates to assist federal and state […]

Hubs
April 5, 2013

Orrick’s Financial Industry Week in Review

Orrick’s Financial Industry Week in Review Financial Industry Developments CFPB Finalizes Rule Aimed at Improving Credit Card Agreement Submission Process On April 15, the CFPB issued a final rule aimed at improving the way that companies submit consumer credit card agreements to the CFPB. Press Release. SEC Adopts Updated EDGAR Filer Manual On April 13, […]

Hubs
April 5, 2013

Federal Circuit Maintains Patent Exhaustion Precedent, Distinguishes Supreme Court Rulings

Federal Circuit Maintains Patent Exhaustion Precedent, Distinguishes Supreme Court Rulings Patent owners recently received a favorable decision regarding exhaustion of patent rights from the en banc Federal Circuit.  The case, Lexmark International, Inc., v. Impression Products, Inc., concerns aftermarket print cartridge sales and the issue of whether Lexmark’s patent rights are exhausted by (1) sales […]

Hubs
April 2, 2013

New Oregon Law Mandates Sick Leave Policy for Most Employers – Oregon Enacts Mandatory Paid Sick Leave Effective Jan. 1, 2016

New Oregon Law Mandates Sick Leave Policy for Most Employers – Oregon Enacts Mandatory Paid Sick Leave Effective Jan. 1, 2016 HIGHLIGHTS: New Oregon law establishes policy regarding sick leave. All employers that are subject to these new laws should review their policies to make certain they comply. Senate Bill 454 mandates statewide mandatory paid […]

Hubs
April 2, 2013

Delaware Supreme Court Decision in Rural/Metro Affirms $76 million Judgment Against Third-Party Advisor for Aiding and Abetting Breaches of Fiduciary Duty by Board, but Rejects Suggestion of ‘Gatekeeper’ Duties

Delaware Supreme Court Decision in Rural/Metro Affirms $76 million Judgment Against Third-Party Advisor for Aiding and Abetting Breaches of Fiduciary Duty by Board, but Rejects Suggestion of ‘Gatekeeper’ Duties On November 30, 2015, the Delaware Supreme Court affirmed post-trial decisions by the Delaware Court of Chancery (i) holding RBC Capital Markets, LLC liable to Rural/Metro […]

Hubs
March 31, 2013

Failure to provide an Ounce of ADA Compliance is worth a Pounding by the DOJ – What you can learn from the DOJ’s settlement agreement with Starwood and The Phoenician

Failure to provide an Ounce of ADA Compliance is worth a Pounding by the DOJ – What you can learn from the DOJ’s settlement agreement with Starwood and The Phoenician The Department of Justice (DOJ) continues to make the hospitality sector a target for enforcement of the Americans with Disabilities Act (ADA). Starwood Hotels and […]

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