Document(s) published by this organization: 95
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|Continued UDAP/UDAAP Warnings|
Craig N. Landrum; Jones Walker LLP;
August 4, 2015, previously published on July 30, 2015Many banks provide identity theft and credit monitoring products as add-ons to other consumer financial products such as credit cards or deposit accounts. Recent consent orders between the Consumer Financial Protection Bureau ("CFPB") and financial institutions or their third party...
|SEC Publishes Concept Release on Audit Committee Disclosures|
J. Andrew Gipson; Jones Walker LLP;
August 3, 2015, previously published on July 23, 2015On July 1, the United States Securities and Exchange Commission ("SEC") published a Concept Release regarding potential revisions to audit committee disclosures required to be included by listed companies in annual proxy or information statements.
|The FASB to Hold First Meeting of Loan Impairment Advisory Panel in Private|
Peter J. Rivas; Jones Walker LLP;
July 23, 2015, previously published on July 16, 2015The Financial Accounting Standards Board ("FASB") plans to convene a Transition Resource Group ("TRG") for its forthcoming standard on recognizing credit losses. Unlike a similar panel formed for the board's revenue recognition standard, this credit losses group will meet in...
|What Independent Contractors and Dodo Birds May Soon Have In Common|
Jennifer L. Anderson, Mary Margaret S. LeBato, B. Trevor Wilson; Jones Walker LLP;
July 23, 2015, previously published on July 16, 2015Yesterday, the Wage and Hour Division (WHD) of the U.S. Department of Labor (DOL) issued its first Administrator Interpretation of 2015 on the heels of the proposed white collar exemption revisions that would greatly expand the universe of overtime-eligible employees, as addressed in our Client...
|Fifth Circuit Dismisses Jones Act Claim of Foreign Worker Injured in Foreign Waters|
HansFord P. Wogan; Jones Walker LLP;
July 14, 2015, previously published on July 2015In Croke v. PPI Technology Services, L.P., et al., C.A. No. 14-30424, ---- Fed. Appx. ---- (5th Cir. June 1, 2015), the Fifth Circuit recently affirmed a district court’s dismissal of a Jones Act claim brought by a Canadian oil rig worker who was allegedly injured off the coast of Nigeria....
|U.S. Fifth Circuit Upholds Settlement in Deepwater Horizon Case Despite Absence of Signed Release, But Remands for Determination on Fraud|
Katie S. Cordes; Jones Walker LLP;
July 14, 2015, previously published on July 2015On May, 2015, the United States Court of Appeals for the Fifth Circuit held hat BP form a binding settlement agreement with a claimant despite the fact that the claimant never signed the release.
|Comptroller of the Currency Releases Semiannual Perspective on Bank Risk|
George A. LeMaistre; Jones Walker LLP;
July 14, 2015, previously published on July 9, 2015On June 30, the Office of the Comptroller of the Currency released its Semiannual Risk Perspective, based on bank financial data as of year-end 2014.
|The Good, the Bad, and the Ugly The Department of Labor Releases Its Proposed Update to the White Collar Regulations|
Mary Margaret S. LeBato, Sidney F. Lewis; Jones Walker LLP;
July 13, 2015, previously published on July 2015You may recall our previous alert regarding President Obama’s March 2014 memorandum that instructed the Labor Secretary to “modernize and streamline” the regulations on exemptions from the Fair Labor Standards Act’s (FLSA) minimum wage and overtime pay requirements and...
|More Power To Power Plants?|
Stanley A. Millan; Jones Walker LLP;
July 13, 2015, previously published on July 2, 2015On June 29, 2015, in a five-to-four vote, the U.S. Supreme Court in Michigan v. Environmental Protection Agency (EPA) struck down a new EPA rule under the Clean Air Act of 1990 (“Act”) to regulate hazardous air pollutants, such as mercury, from power plants. The EPA’s statutory...
|US Supreme Court Upholds IRS Interpretation of ACA Subsidy Structure|
Timothy P. Brechtel, Ricardo X. Carlo, Eric Loi; Jones Walker LLP;
July 13, 2015, previously published on June 30, 2015In King v. Burwell, the U.S. Supreme Court held that federal tax credits created by the Affordable Care Act (ACA) are available to individuals who purchase health insurance coverage from a federal or state established Health Insurance Exchange (“Exchange”).