News

China to Boost Cross-Border E-Commerce

By EsqSocial Corporation 21/11/13

On Aug. 29, 2013, the Ministry of Commerce (the "MOFCOM"), in collaboration with eight other ministries and departments, released an "Opinion on Implementing Relevant Policies for Supporting Trans-boundary E-commerce Retail Exports"...

You Can’t Slide Away from the Law

By EsqSocial Corporation 21/11/13

Fueled by the desire to have the latest Coach bag at no cost, you decided to swipe one from an unsuspecting person’s car at your local gas station. While you may have acquired the latest fashionable handbag, you also have committed a crime known as...

Financial Services Law -- Nov 21, 2013

By EsqSocial Corporation 21/11/13

Bank Can Be Liable Under California Law for Overdraft Fee Charge Ordering - A checking account that includes a debit card feature is a “service” under California’s Consumer Legal Remedies Act, according to a new federal court opinion allowing a...

Shift to Modular Platforms Raises New Issues for Manufacturers and Suppliers

By EsqSocial Corporation 21/11/13

One way in which next-generation manufacturing is impacting the automotive industry is the movement toward modular architecture. These designs use common underpinnings for various models across a variety of vehicle segments, minimizing the variation...

CFPB Unveils New Integrated Disclosures Under RESPA and TILA

By EsqSocial Corporation 21/11/13

Today, in a broadcast streamed live on the internet, the CFPB unveiled the long awaited final rule that contains the Integrated Mortgage Disclosures under the Real Estate Settlement Procedures Act (“RESPA”), Regulation X, and the Truth-In-Lending Act...

4 Potential Ways to Prove Employer Negligence

By EsqSocial Corporation 21/11/13

Employer negligence is often alleged in injury cases, typically when an employee is hurt or causes harm to someone else. But how can you prove employer negligence in court?

District Court Declines to Certify Damages Subclass in NCAA Case

By EsqSocial Corporation 21/11/13

On November 8, 2013, the Northern District of California certified a class of current and former student athletes seeking injunctive relief under the Sherman Act but declined to certify a damages subclass in the case In re NCAA Student-Athlete Name &...

FDCPA & More: CFPB Considers “Modern” Methods of Consumer Communications

By EsqSocial Corporation 21/11/13

On November 12, 2013, the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) published an advance notice of proposed rulemaking (“ANPR”) in the Federal Register seeking information from the public about the operations, disclosures and...

New FTC Rules for Exclusive Pharmaceutical Patent Licenses

By EsqSocial Corporation 21/11/13

The Federal Trade Commission (FTC) has issued final rules under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) relating to the transfer of exclusive patent rights in the pharmaceutical industry. These new FTC rules go into effect...

Second Circuit Rules for Mutual Fund Trustees in Suit Alleging Breach of Fiduciary Duty in Approving Successor Advisory Contracts Following Sale of Fund Adviser

By EsqSocial Corporation 21/11/13

The U.S. Court of Appeals for the Second Circuit affirmed the dismissal on a motion for summary judgment of a derivative suit against the independent trustees of a mutual fund group in which the plaintiff shareholder alleged that the trustees had...

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