Blank Rome LLP Document Search Results (67)
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|U.S. Regulatory Update-Final Rules: Credit Risk Retention for CLOS|
Grant E. Buerstetta, Jaiho Cho; Blank Rome LLP;
November 14, 2014, previously published on October 2014Call to Action: The final risk retention rules will change the status quo for nearly all CLO managers beginning in the fourth quarter of 2016. All managers should begin assessing whether and how they will comply with the final rules once they come into effect and monitor ongoing market developments...
|What Employers Need To Know About Ebola|
Stephanie Gantman Kaplan; Blank Rome LLP;
November 14, 2014, previously published on October 16, 2014Call to Action: It is critical that employers begin to consider the important issues that the Ebola outbreak raises about preparedness, protocols and workplace safety in order to be ready for any potential outcome. This is not a time for panic, but rather employers should be monitoring the...
|Court Decisions in the U.S. and China Bolster Law Enforcement’s Ability to Prosecute Global Corporate Corruption|
Rither Alabre, Mayling C. Blanco, Carlos F. Ortiz, Shawn M. Wright; Blank Rome LLP;
October 28, 2014, previously published on October 2014Call to Action: Given the aggressive anti-corruption investigations in the U.S. and abroad, companies are well advised to adequately develop and implement a robust compliance program, including substantial internal controls, and conduct a thorough risk analysis as they begin or continue operating...
|Third Circuit Holds That Envelope Revealing Consumer’s Account Number Violates the FDCPA|
Edward W. Chang, Francis X. Crowley, Kevin C. Rakowski, Wayne Streibich; Blank Rome LLP;
October 22, 2014, previously published on October 2014The Third Circuit Court of Appeals recently held that an envelope revealing a consumer’s account number through a clear plastic window constitutes a violation of the Fair Debt Collection Practices Act (“FDCPA”). In doing so, the Third Circuit reversed the District Court of the...
|Commonwealth Court Rules that Pennsylvania Municipalities May Not Impose Business Privilege Tax on Rental Real Estate Business|
David M. Kuchinos; Blank Rome LLP;
October 7, 2014, previously published on October 2014Action Item: In a decision with wide-ranging implications and potential refund opportunities, Pennsylvania’s Commonwealth Court ruled on September 19th that Pennsylvania municipalities (other than Philadelphia) may not impose their business privilege tax (“BPT”) on a rental real...
|Philadelphia School Income Tax Imposed On Undistributed S Corporation Income|
David M. Kuchinos; Blank Rome LLP;
September 29, 2014, previously published on September 2014Action Item: The City of Philadelphia is imposing its School Income Tax on City residents’ Subchapter S Corporation income, whether or not distributed. This is a departure from prior enforcement of this tax. City residents who are shareholders in Subchapter S corporations should consider...
|IRS Finalizes and Clarifies Obamacare Reporting Rules|
Barry L. Klein; Blank Rome LLP;
September 25, 2014, previously published on September 2014Action Items: The IRS has finalized and clarified the ObamaCare health care coverage reporting requirements for “applicable large employers.” The reporting requirements are effective for 2015. Major system changes will likely be necessary in order to track all of the information that is...
|Small Vessel General Permit Goes into Effect|
Jeanne M. Grasso, John D. Kimball, Gregory F. Linsin, Jonathan K. Waldron, Alan M. Weigel; Blank Rome LLP;
September 24, 2014, previously published on September 2014On September 10, 2014, the U.S. Environmental Protection Agency (“EPA”) announced the issuance of the final Small Vessel General Permit (“sVGP”) (the "Notice"). The sVGP will apply to non-military, commercial vessels that are less than 79 feet in length. Compliance...
|“Totality of the Circumstances” Standard Used to Sanction Mortgagee for Lack of “Good Faith” Negotiation in Foreclosure Matter|
Edward W. Chang, Francis X. Crowley, Margaret Anne Hill, Kevin C. Rakowski; Blank Rome LLP;
September 24, 2014, previously published on September 2014Action Item: While engaged in court-ordered mediation in NY foreclosure cases, mortgagees and servicers must insure prompt and thorough review of loan mod applications and provide consistent responses to those applications to prevent sanctions for bad faith negotiation.
|California Legislature Passes Controversial Sick Pay Law|
Andrew B. Cohen; Blank Rome LLP;
September 19, 2014, previously published on September 2014On September 10, 2014, California Governor Jerry Brown signed the Healthy Workplaces, Healthy Families Act of 2014, which requires employers to provide many California employees with up to three paid sick days per year.