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Legal Articles: Day Pitney LLP

 







Document(s) published by this organization: 25


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HTMLA Creditor May Be Held Liable Under the FDCPA Even if it Hires a Third Party to Collect on the Debt
Brian Robert Morrison, Joy Harmon Sperling; Day Pitney LLP;
Legal Alert/Article
November 21, 2013, previously published on November 15, 2013
In a significant decision issued on November 13, the United States Court of Appeals for the Second Circuit held that a creditor may be found liable under the Fair Debt Collection Practices Act (the FDCPA) even when that creditor hires a third party to collect on its debts. Vincent v. The Money...

 

HTMLIRS Notice Adds Choices to Cafeteria Plans
Anubhav Gogna, Liza J. Hecht; Day Pitney LLP;
Legal Alert/Article
November 11, 2013, previously published on November 7, 2013
On October 31, the Internal Revenue Service (IRS) issued Notice 2013-71, which modifies the "use it or lose it" rule for health flexible spending account plans (Health FSAs) by providing a carryover option for unused amounts remaining at the end of a plan year. Under this carryover...

 

HTMLPreventing Another Madoff: SEC Adopts New Custody Rules for Broker-Dealers
Eliza Sporn Fromberg; Day Pitney LLP;
Legal Alert/Article
October 31, 2013, previously published on October 29, 2013
On July 30, the Securities and Exchange Commission (SEC) announced new investor protection rules requiring broker-dealers that have custody of customer securities and funds to file an annual report attesting to their compliance with the broker-dealer financial responsibility rules, as well as a...

 

HTMLBank D&O Liability Insurance: Have You Reviewed Your Policy Recently?
Ronald H. Janis, Frank E. Lawatsch, Michael T. Rave, Robert M. Taylor; Day Pitney LLP;
Legal Alert/Article
October 29, 2013, previously published on October 25, 2013
The FDIC issued a Financial Institution Letter (FIL) this month advising banks of the recently noted increase in exclusionary provisions in director and officer (D&O) liability insurance policies being purchased by banks. (See FIL-47-2013.) The FIL further notes that these exclusionary provisions...

 

HTMLProposed Crowdfunding Rules: The Storm Before the Calm?
Jeffrey A. Clopeck, Lane T. Watson; Day Pitney LLP;
Legal Alert/Article
October 29, 2013, previously published on October 25, 2013
Almost a year and a half after Congress passed the Jumpstart Our Business Startups (JOBS) Act in April 2012, and following scores of subsequent comment letters, the SEC finally released its proposed rules regarding equity-based crowdfunding on October 23, 2013. The SEC's press release heralding the...

 


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