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HTMLCFPB Sues Law Firm
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
Legal Alert/Article
July 31, 2014, previously published on July 22, 2014
On July 14th, the CFPB sued a law firm alleging that it used deceptive court filings and unsubstantiated evidence to intimidate consumers into paying for debts. The CFPB alleges that the law firm operated “like a factory,” producing hundreds of thousands of such lawsuits.

 

HTMLCircuits Split Over Legality of IRS Rule Mandating Tax Credits for Individuals Covered Through Federal Exchanges under the Affordable Care Act
Robert P. Charrow, Danielle F. White; Greenberg Traurig, LLP;
Legal Alert/Article
July 24, 2014, previously published on July 22, 2014
Today, the U.S. Court of Appeals for the D.C. Circuit, in a 2-to-1 decision, written by Judge Griffith, overturned Internal Revenue Service (IRS) regulations issued under the Affordable Care Act (ACA) requiring tax credits be made available to otherwise eligible individuals who purchase health...

 

HTMLUpdate to Massachusetts Gaming Commission's Gaming Vendor Licensing Process
Laura McAllister Cox, Martha A. Sabol, Jamey L. Tesler; Greenberg Traurig, LLP;
Legal Alert/Article
July 24, 2014, previously published on July 22, 2014
The gaming vendor licensing process is underway in the Commonwealth of Massachusetts and applicants should be aware of the following:

 

HTMLWhite House Initiative to Expand Public-Private Partnerships
Alais L. M. Griffin, Jamey L. Tesler, David Veator; Greenberg Traurig, LLP;
Legal Alert/Article
July 24, 2014, previously published on July 21, 2014
On July 17, 2014, President Obama announced a new infrastructure investment initiative, the “Build America Investment Initiative.” Among other things, this program is designed to foster increased use of federal credit programs and public-private partnerships (P3s) by state and local...

 

HTMLNew York's Non-Profit Revitalization Act of 2013 Changes the Governance of Private Colleges, Universities and Schools
Pamela A. Madeiros, Stephen A. Mendelsohn, Laura S. Norman; Greenberg Traurig, LLP;
Legal Alert/Article
July 23, 2014, previously published on July 18, 2014
Effective July 1, 2014, New York’s Non-Profit Revitalization Act, (the Act) fundamentally changes the governance of non-profit private colleges, universities and schools and other charitable organizations. New York, which labored under cumbersome and antiquated regulatory statutes, has...

 

HTMLRecent Amendments to Mexican Commercial Laws
Santiago Cervantes Mayo, Luis Octavio Núñez, Rodrigo Piñeiro Villanueva; Greenberg Traurig, S.C.;
Legal Alert/Article
July 16, 2014, previously published on July 9, 2014
This GT Alert describes the most important aspects of the Amendments (the Amendment), published in the Federal Official Gazette on June 13, 2014, pursuant to which certain provisions of the General Corporations Law, Code of Commerce, Law of General Negotiable Instruments and Credit Operations,...

 

HTMLA View from London: IPO Update from London
Andrew Caunt; Greenberg Traurig Maher LLP;
Legal Alert/Article
July 16, 2014, previously published on June 26, 2014
The European IPO market has enjoyed the most successful first quarter in seven years. According to PwC’s “IPO Watch Europe Survey Q1 2014,” €11.4bn of cash was raised; this exceeded the aggregate Q1 proceeds in the previous four years. There were 32 IPOs in London raising...

 

HTMLA View from Italy: New Italian Private Corporate Debt Rules— Opportunities for Foreign Investors
Luigi Santa Maria, Ada Villa; Greenberg Traurig LLP;
Legal Alert/Article
July 16, 2014, previously published on June 26, 2014
The Italian government extensively amended the laws governing corporate bonds through Growth Decrees and Destinazione Italia Decree, with the aim of rendering the corporate bond market an effective source of financing, alternative to traditional bank funding, for non-listed companies, and removing...

 

HTMLDespite Legal Challenges, NYS Implements Restrictions on Executive Compensation and Administrative Expenditures by Service Providers; Guidance Documents Updated
Harold N. Iselin, Joshua L. Oppenheimer; Greenberg Traurig, LLP;
Legal Alert/Article
July 16, 2014, previously published on July 14, 2014
Over a year ago, pursuant to an Executive Order issued by the New York State Governor (EO 38), 13 State agencies promulgated regulations to limit the amount that for-profit and not-for-profit service providers could pay to executives, and the administrative expenses that these organizations could...

 

HTMLStepped Up Enforcement Against Inadequate Negative Option/Automatic-Renewal Disclosures
Ed Chansky, Irving Scher; Greenberg Traurig, LLP;
Legal Alert/Article
July 16, 2014, previously published on July 8, 2014
Negative options have been defined by the FTC as commercial transactions in which sellers interpret a customer’s failure to take an affirmative action, either to reject an offer or cancel an agreement, as assent to be charged for goods or services. Common forms include continuity plans or the...

 


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