News

The CFPB has issued Version 2.0 of its “2013 CFPB Dodd-Frank Mortgage Rules Readiness Guide.” The Guide, originally issued in July 2013, is intended “to help financial institutions come into and maintain compliance with” the CFPB’s mortgage rules...

The U.S. District Court for the Southern District of West Virginia has issued a number of decisions in the last several years touching upon the outer contours of jurisdiction under the Clean Water Act’s citizen suits provision (33 U.S.C § 1365), in...

It looks like yet another illegal kickback scheme involving mortgage insurance has been uncovered in the residential mortgage industry. Recently the Consumer Financial Protection Bureau (“CFPB”) filed a lawsuit in the U.S. District Court for the...

An affiliate of investment firm Fortress Investment Group LLC is believed to have made a play to acquire the Montreal, Maine & Atlantic Railway Ltd., which was involved in a deadly crash this past summer, out of bankruptcy protection. Bankruptcy...

Each year millions of people come to the United States to work. But before you arrive in the United States to begin employment, there are several things that you need to know. The Chicago employment-based immigration lawyers at the Shapiro Law Group...

On December 13, 2013, in CBT Flint Partners, LLC v. Return Path, Inc., the U.S. Court of Appeals for the Federal Circuit (Dyk, O'Malley, Taranto*) reversed-in-part, vacated-in-part and remanded the district court judgment that CBT pay the defendants...

California has enacted several statues, effective January 1, 2014, which will likely increase contractors’ and subcontractors’ exposure to claims for prevailing wage violations on public works projects. Under the Prevailing Wage Law, Cal. Labor Code...

On December 12, 2013, the U.S. District Court for the Southern District of New York granted an employer summary judgment on a long-running SOX whistleblower claim. Sharkey v. J.P. Morgan Chase & Co., No. 10-cv-3824 (S.D.N.Y. Dec. 12, 2013). The court...

In the groundbreaking case of Miranda v. Arizona, the U.S. Supreme Court ruled that people in custody must be apprised of their right to remain silent, which is guaranteed by the Fifth Amendment. Since the right against self-incrimination inherent in...

Following its highly publicized workshop exploring consumer privacy and security issues arising from the emerging market of the Internet of Things, the Federal Trade Commission (FTC) is now calling for filed comments on issues raised during the...

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