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
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
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” ......
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.
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....
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.
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.
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.
In January 2021, Washington, D.C. Mayor Muriel Bowser signed the Ban on Non-Compete Agreements Amendment Act of 2020, which will, once effective, constitute one of the broadest statutory bans of non-compete agreements in the United States.
