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HTMLSEC Adopts Regulation A+: Two New Alternatives for Exempt Capital Raises
Dorothee Fischer-Appelt, Godric C. Shoesmith; Greenberg Traurig Maher LLP;
Legal Alert/Article
April 17, 2015, previously published on April 2, 2015
On March 25, 2015, the U.S. Securities and Exchange Commission (the “SEC” or the “Commission”) adopted final rules implementing Title IV of the Jumpstart Our Business Startups Act (the “JOBS Act”) by amending SEC Regulation A to create two new exemptions for...

 

HTMLSupreme Court Issues Guidance on Disclosure of Opinions in Registration Statements
Robert A. Horowitz, Steven M. Malina; Greenberg Traurig, LLP;
Legal Alert/Article
April 17, 2015, previously published on March 26, 2015
In a highly anticipated opinion issued earlier this week in Omnicare, Inc. v. Laborers District Council Construction Industry Pension Fund, 575 U.S. --- (2015), the U.S. Supreme Court disposed of a split amongst circuits and set forth a new test as to when a statement of opinion in a registration...

 

HTMLCFPB Enforcement Action Against Collection Agency and Its Service Providers
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
Legal Alert/Article
April 17, 2015, previously published on April 14, 2015
On April 8, the CFPB announced that it had sued a debt collection agency, its individual owners, and its service providers in the United States District Court for the Northern District of Georgia for allegedly violating the Fair Debt Collection Practices Act (FDCPA) and the Consumer Financial...

 

HTMLMassachusetts Governor Orders Comprehensive Review of State Regulations
Jack S. Gearan, H. Hamilton Hackney; Greenberg Traurig, LLP;
Legal Alert/Article
April 17, 2015, previously published on April 15, 2015
On March 31, 2015, the Governor of Massachusetts signed an executive order initiating a comprehensive review of all regulations promulgated by the Executive Department and leaving in place the regulatory pause announced by the Administration earlier in the year. While short in length, this...

 

HTMLSupreme Court Decision Impacts Strategic Decision Making for Trademark Enforcement
Daniel I. Schloss; Greenberg Traurig, LLP;
Legal Alert/Article
April 17, 2015, previously published on March 25, 2015
On March 24, 2015, the U.S. Supreme Court held that, in some cases, decisions made by the Trademark Trial and Appeal Board (TTAB) of the U.S. Patent and Trademark Office can preclude courts from addressing the same issue decided by the TTAB. The case is B&B Hardware, Inc. v. Hargis Industries,...

 

HTMLExpansion of New York State’s Lobbying Law Enacted
Mark F. Glaser, Joshua L. Oppenheimer; Greenberg Traurig, LLP;
Legal Alert/Article
April 17, 2015, previously published on April 1, 2015
New York State’s 2015-2016 enacted budget includes a variety of changes to the State’s ethics laws, mainly pertaining to disclosure obligations for public officials who maintain outside employment and penalties for failing to comply, as well as pension forfeiture for officials convicted...

 

HTMLNew York Lawmakers Agree on 10-Year Extension of Brownfield Law
Robert M. Rosenthal, Steven C. Russo; Greenberg Traurig, LLP;
Legal Alert/Article
April 17, 2015, previously published on April 1, 2015
In a departure from his budget proposal, the Legislature negotiated changes with the Governor to extend the tax credits for New York’s Brownfield Cleanup Program (BCP) with relatively modest changes to BCP eligibility requirements. The Governor’s budget proposal would have limited the...

 

HTMLCuba to Be Removed from U.S. State Sponsors of Terrorism List
Kara M. Bombach, Cyril T. Brennan, Sandra K. Jorgensen, Renee A. Latour; Greenberg Traurig, LLP;
Legal Alert/Article
April 17, 2015, previously published on April 14, 2015
On April 14, 2015, President Obama announced the removal of Cuba from the State Department’s list of State Sponsors of Terrorism (SSOT) and formally submitted the statutorily required delisting notification to Congress. Cuba has been designated an SSOT since March 1, 1982. Removing Cuba from...

 

HTMLThe NLRB’s New ‘Quickie’ Election Rules Take Effect Despite Pending Court Challenges
Justin F. Keith, Terence P. McCourt, Howard L. Mocerf; Greenberg Traurig, LLP;
Legal Alert/Article
April 17, 2015, previously published on April 14, 2015
On April 14, 2015 the National Labor Relations Board’s (NLRB) new union election rules (Election Rules) went into effect. As discussed in a prior GT Alert, the NLRB adopted the new rules by a 3-2 vote with the two Republican NLRB members dissenting. As outlined below, the Election Rules make...

 

HTMLCFPB Releases its Consumer Arbitration Study
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, Murray B. Silverstein; Greenberg Traurig, LLP;
Legal Alert/Article
April 17, 2015, previously published on April 7, 2015
The CFPB released its long-awaited study on the use of pre-dispute arbitration clauses in consumer contracts for financial products and services on March 10, 2015. The 410-page Arbitration Study (Study) (728 pages when including the 2013 Preliminary CBPB Study) is the CFPB’s report to...

 


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