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HTMLFederal Banking Regulators Issue Confirmatory Guidance on Tax Refund Ownership
Peter J. Rivas; Jones Walker LLP;
Legal Alert/Article
June 27, 2014, previously published on June 19, 2014
On June 13, 2014, federal banking regulators issued final supplemental guidance on income tax allocation agreements involving holding companies and insured depository institutions. Regulators sought to eliminate confusion among holding companies, depository institutions and their affiliates...

 

HTMLWhat Does Environmental Justice Have to do with Climate Change?
W. Russell King; Jones Walker LLP;
Legal Alert/Article
May 27, 2014, previously published on May 22, 2014
February 11, 2014, marked the 20th anniversary of Executive Order 12898, Federal Actions to Address Environmental Justice in Minority Populations and Low-Income Populations. President Clinton signed the executive order to focus federal attention on the environmental and human health conditions of...

 

HTMLAmerican Association of Bank Directors Releases Report Measuring Bank and Savings Institutions Directors' Personal Liability Assessment
Peter J. Rivas; Jones Walker LLP;
Legal Alert/Article
April 29, 2014, previously published on April 24, 2014
In April 2014, the American Association of Bank Directors ("AABD") released results of its survey of more than 2,000 banks and savings institutions assessing banks and savings institutions directors' and prospective directors' fear of personal liability.

 

HTMLAmendments to Proxy Processing Fees
Peter J. Rivas; Jones Walker LLP;
Legal Alert/Article
February 3, 2014, previously published on January 23, 2014
On January 10, 2014, the Securities and Exchange Commission ("SEC") approved changes to New York Stock Exchange ("NYSE") and FINRA rules governing processing of beneficial shareholder communications and proxy voting. The new rules provide reimbursement guidelines for...

 

HTMLAsset Impairment Rulemaking Update
Peter J. Rivas; Jones Walker LLP;
Legal Alert/Article
August 12, 2013, previously published on August 8, 2013
International banks and auditors remain divided over the Financial Accounting Standards Board's ("FASB") and the International Accounting Standards Board's ("IASB") proposals on accounting for bad loans. At issue is the time frame over which financial institutions and other...