The SEC released the text of the proposed rule amendments to implement Title IV of the JOBS Act by modernizing Regulation A.... By: Morrison & Foerster LLP - JOBS Act
In September 2013, Massachusetts enacted legislation to retroactively repeal the extension of the 6.25 percent Massachusetts sales and use tax to certain types of computer system design and software modification services (often referred to as the...
In the final announced opinion day of 2013, the Supreme Court has filed its opinion in Hooker v. The Retirement Board of the Firemen’s Annuity and Benefit Fund of Chicago, holding that the plaintiffs – widows of two deceased firefighters – are not...
Many financing transactions, such as loans or securitizations, involve businesses that are focused on or have some material amount of intellectual property ("IP"). We often receive questions about the IP security interest process which has become...
The value of Bitcoin, the hottest and most widely traded virtual currency, plunged a little over a week ago, after China’s central bank issued a statement that the government is banning financial institutions from trading in the virtual currency.The...
The new Consumer Financial Protection Bureau (CFPB) servicing rules effective January 10, 2014 will change the legal landscape for mortgage servicers tremendously. Servicers now have very little time to accommodate the new rules....
The 1st of January – a time for resolutions, for good intentions and for kind words. On 1 January 2014 these resolutions are more apt than ever as the long-awaited Defamation Act 2013 finally comes into force. So is it time to step away from Twitter?...
On September 12, the FCA published a speech by Martin Wheatley, FCA Chief Executive, on the FCA’s plans for 2014, which focus on issues relating to asset management, MiFID II and EMIR (the Regulation on OTC derivatives, central counterparties and...
On December 16, 2013, the Town of Dryden, New York filed its merits brief with the New York Court of Appeals, arguing that state law does not preempt the Town’s local zoning ordinance purporting to ban hydraulic fracturing. To date, less than 1% of...
Fulfilling a mandate under the Dodd-Frank Act, the Federal Insurance Office (“FIO”) of the Department of the Treasury issued a report to Congress on how to modernize and improve the system of insurance regulation in the United States. The report...
