On January 29, the CFPB announced a proposed rule that would provide regulatory relief to more small lenders. Among other things, the proposed rule would (i) increase the loan origination limit to qualify for “small creditor” status from 500 loans to...
When financing a commercial real estate purchase, the devil finds its way into the details in surprising ways. One of the details that can provide a fair amount of headache for developers and investors is the decision to choose either a fixed or a...
The ABA House of Delegates unanimously adopted a resolution on Monday urging law schools and bar associations to counsel young attorneys on student loan debt.
Okay, it wasn’t really Rip Van Winkle. Rip slept for only twenty years. It was Dr. Legrand Belnap who sued a Salt Lake City hospital and its medical executive committee members.... By: Faegre Baker Daniels
After several years of delays, the Foreign Account Tax Compliance Act (FATCA) finally took effect on July 1, 2014. Congress enacted FATCA as part of the Hiring Incentives to Restore Employment Act in 2010 to stop U.S. taxpayers from evading U.S....
In a much-awaited decision on Friday, January 30, the D.C. Circuit upheld the Federal Trade Commission’s decision that pomegranate juice maker POM Wonderful LLC engaged in false or misleading advertising by claiming its products were effective in...
On February 1, 2015, the Joint Enforcement Task Force on Employee Misclassification issued its Annual Report. The Report noted that the New York Task Force members in 2014 conducted over 12,000 audits and investigations, resulting in detection of...
When I asked my daughter what she wanted for her sixteenth birthday, she responded, “to see Jimmy Fallon on The Tonight Show live.” How hard could it be to make that wish come true? Short answer: very....
The Insurance Bill has completed its passage through the House of Commons and is now in the form in which it will become law, probably at some point in March this year. A number of significant changes have been made to the Bill originally...
