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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...

 

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...

 

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,...

 

HTMLCFPB Outlines Payday Loan Rule
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
Legal Alert/Article
April 17, 2015, previously published on March 31, 2015
The CFPB held a field hearing on payday lending March 26 in Richmond, Va., where it announced the details of the payday loan rule that it is considering proposing. Although the outline of the rule provided by the CFPB is not a formal notice of proposed rulemaking, it is referred to in this Alert as...

 

HTMLSEC Reminds the Fund Industry that Gifts May Violate the 1940 Act, Not Just the Code of Ethics
Richard M. Cutshall, Arthur Don; Greenberg Traurig, LLP;
Legal Alert/Article
April 9, 2015, previously published on March 23, 2015
Late last month, the staff of the SEC’s Division of Investment Management released Guidance Update No. 2015-01 (February 2015), reminding the investment management community of the potential conflicts of interest that arise when the personnel of an investment adviser to a registered...

 

HTMLOnline Dispute Resolution is Not Science Fiction, Says Advisory Group
Robert E. Collier-Wright; Greenberg Traurig Maher LLP;
Legal Alert/Article
April 7, 2015, previously published on March 12, 2015
The Online Dispute Resolution (ODR) Advisory Group of the Civil Justice Council, a group established on 25 April 2014 and led by Professor Richard Susskind (IT Advisor to the Lord Chief Justice), has proposed radical changes to the court system of England and Wales, including the introduction of a...

 

HTMLForeign Venture Capital Investments in Sub-Saharan African Technology Startups
Aron J. Ambia; Greenberg Traurig, LLP;
Legal Alert/Article
April 7, 2015, previously published on March 12, 2015
A McKinsey report published in February 2014 estimates that mobile phone ownership among adults in Sub-Saharan Africa (SSA) is estimated to be 66 percent. The rapid spread of Internet-enabled mobile phones throughout SSA has created an opportunity for the emergence of tech startups and venture...

 

HTMLMyth vs. Fact: Responses to Arguments Against the EB-5 Pilot Program
Laura Foote Reiff; Greenberg Traurig, LLP;
Legal Alert/Article
April 7, 2015, previously published on March 13, 2015
Myth 1: Buy a Green Card - The EB-5 program was established to help high-net-worth individuals buy a green card.

 

HTMLIGAD to Establish International Arbitration Center in Djibouti
Thomas R. Snider; Greenberg Traurig, LLP;
Legal Alert/Article
April 7, 2015, previously published on March 10, 2015
The Intergovernmental Authority on Development (IGAD), which consists of member states Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan, and Uganda, will establish an international arbitration center in Djibouti focused on resolving business disputes in the region. The decision to...

 

HTMLPTAB Moves Forward on Quick-Fix Rule Changes
Scott A. McKeown; Greenberg Traurig LLP;
Legal Alert/Article
April 6, 2015, previously published on March 27, 2015
The USPTO's Patent Trial & Appeal Board (PTAB) has announced some of their "quick fix" rule changes today in advance of the anticipated Federal Register Notice. In addition to expected changes to page limits, the Director also mentioned other changes that may be proposed through...

 


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