News

[Audio] Daily Compliance News: May 22, 2021 the Wirecard Whistleblower edition

By EsqSocial Corporation 22/05/21

In today’s edition of Daily Compliance News: • Should Mike Pence get a book deal? (WSJ) • Is Apple too big? (NYT) • Austrian Chancellor expected to be charged with corruption. (FT) • Wirecard whistleblower. (FT)...
By: Thomas Fox

The fiduciary exception to the attorney-client privilege in the trust context

By EsqSocial Corporation 22/05/21

The drafters of the Uniform Trust Code back in 2000 decided to leave open for further consideration by the courts the extent to which a trustee may claim attorney-client privilege against a beneficiary seeking discovery of attorney-client communications between the trustee and the trustee’s lawye

Marketplace Lending Update #9: To Thine Own Self Be True? Not Necessarily

By EsqSocial Corporation 21/05/21

On May 11, the Senate voted 52-47 (with three Republicans joining 49 Democrats) to pass a joint resolution under the Congressional Review Act (“CRA”) to disapprove of (i.e., rescind) the Office of Comptroller of the Currency’s final rule relating to “National Banks and Federal Savings Association

Federal court limits FDA discretion in “drug” vs. “device” classification

By EsqSocial Corporation 21/05/21

The U.S. Court of Appeals for the D.C. Circuit recently decided in Genus Medical Technologies LLC v. U.S.

Financial Daily Dose 5.21.2021 | Top Story: Markets Rebound and Bring Oatly With Them in Public Debut

By EsqSocial Corporation 21/05/21

Sweden-based and celeb-backed oat milk company Oatly hit it big on its first day of public trading, with shares soaring 30% “as investors jumped at the chance to take part in rapid changes in the food industry driven by consumer tastes shifting to plant-based products” ......

Contract Exclusion Bars Coverage for Deceptive Practices Claims Arising Out of Gym Membership Contracts

By EsqSocial Corporation 21/05/21

The United States Court of Appeals for the Sixth Circuit, applying Kentucky law, has held that a directors and officers liability policy does not provide coverage for a class action lawsuit brought against a gym alleging deceptive practices arising from the gym’s membership contracts.

Reform to Retail Prices Index (RPI)

By EsqSocial Corporation 21/05/21

SUMMARY - The Retail Prices Index (RPI) is often used in property documents, for example for index-linked rents or adjustments to service charge caps. The Chancellor has said that RPI will be abolished in 2030. This article considers what might replace it....

Michigan Court of Appeals Rules That Document Used in Closed Session Is Subject to Disclosure Under FOIA

By EsqSocial Corporation 21/05/21

On May 13, the Michigan Court of Appeals issued a decision addressing the Open Meetings Act (“OMA”) and Freedom of Information Act (“FOIA”). The case is scheduled for publication and is titled: Traverse City Record-Eagle (“plaintiff”) v.

FEC Continues to Grapple with Scam PACs

By EsqSocial Corporation 21/05/21

The Federal Election Commission (FEC) recently discussed ways the agency could address mounting public concern about so-called Scam PACs, ultimately deciding that its Scam PAC Working Group should continue to study the issue.

President Biden Issues Executive Order on Cybersecurity

By EsqSocial Corporation 21/05/21

On May 12, 2021, President Biden issued an executive order to strengthen U.S. cybersecurity defenses. The order comes in the wake of the ransomware attack on Colonial Pipeline and numerous other cybersecurity attacks against the U.S.

Pages