Document(s) published by this organization: 67
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|Mississippi Supreme Court Sends Half-Baked Assessment Back to the Kitchen|
John F. Fletcher, Justin B. Stone; Jones Walker LLP;
March 30, 2016, previously published on March 15, 2016In Mississippi Department of Revenue v. Hotel and Restaurant Supply, the Mississippi Supreme Court on Thursday, March 10, 2016, upheld the reversal of a sales tax assessment levied against a vendor who failed to collect sales taxes on construction-related materials sold to a contractor who...
|Jones Act Seaman Status Tested for Shipyard Worker|
Hansford "Ford" P. Wogan; Jones Walker LLP;
March 18, 2016, previously published on March 8, 2016In Jefferson v. Weeks Marine, Inc., et al., C.A. No. 15-240 (E.D. La. 2/3/16), a district court in the Eastern District of Louisiana recently ruled that a land-based yard worker who was injured aboard a barge did not qualify as a seaman under the Jones Act because he failed to satisfy the temporal...
|Use Caution with Loans Secured by Holding Company Stock|
Michael D. Waters; Jones Walker LLP;
March 18, 2016, previously published on March 3, 2016A crucial element for a bank director’s satisfaction of board duties is to be alert to regulatory issues that may impair the bank’s safety and soundness and lead to regulatory sanctions. One area where this is particularly true is affiliate transactions.
|Fuel Supplier is Denied Maritime Lien Against Vessel in Fallout from O.W. Bunker’s Bankruptcy|
Katie S. Cordes; Jones Walker LLP;
March 18, 2016, previously published on March 8, 2016On February 8, 2016, in Valero Marketing & Supply Co. v. M/V ALMI SUN, the United States District Court for the Eastern District of Louisiana held that a bunker fuel supplier did not have a maritime lien against the vessel to which it supplied bunkers based on the relationship between the...
|SEC Adopts Interim Final Disclosure Rules for Emerging Growth Companies and Smaller Reporting Companies|
J. Andrew Gipson; Jones Walker LLP;
February 24, 2016, previously published on February 18, 2016Pursuant to Congressional mandates included in the Fixing America's Surface Transportation ("FAST") Act (Pub. L. No. 114-94 (Dec. 4, 2015)), on January 13, 2016, the Securities and Exchange Commission ("SEC") approved interim final rules that: 1) allow emerging growth companies...
|Potential Benefits of Your Bank Obtaining CDFI Certification|
Robert L. Carothers; Jones Walker LLP;
February 15, 2016, previously published on February 4, 2016In January 2014, banks began complying with a host of new mortgage-related regulations issued by the Consumer Financial Protection Bureau ("CFPB"), including a new regulation known as the Ability-to-Repay Rule ("ATR Rule"). The ATR Rule imposes a number of requirements on banks...
|CFPB Releases Fiscal 2015 Independent Audit Report|
George A. LeMaistre; Jones Walker LLP;
February 12, 2016, previously published on January 21, 2016Last week, the Consumer Financial Protection Bureau (CFPB) released its annual independent audit of the selected operations and budget of the Bureau, conducted by KPMG LLP, for fiscal 2015.
|Jones Act Seamen's Punitive Damages Claims Dismissed Against Non-Employer in Howard V. Offshore LiftBoats LLC, 2015 U.S. Dist. Lexis 157173|
Stephen H. Clement; Jones Walker LLP;
January 25, 2016, previously published on January 12, 2016Plaintiffs Raymond and Calvin Howard were injured during a personnel-basket transfer from an offshore platform to the deck of a liftboat. At the time of the incident, both plaintiffs were employed by Offshore Liftboats LLC, the owner and operator of the liftboat. The platform was owned and operated...
|Government Resolves Manslaughter Charges Against Rig Supervisors With a Plea to a Single Misdemeanor Violation of the Clean Water Act|
Joseph Davis, Michael W. Magner, Avery B. Pardee; Jones Walker LLP;
January 25, 2016, previously published on January 12, 2016In the wake of the Deepwater Horizon disaster, federal authorities have shown increasing willingness to use criminal charges to address serious personal injuries and deaths in the offshore setting. The recent dismissal of all remaining felony charges against the two BP well-site leaders onboard the...
|CFPB Responds to MBA Concerns Over TRID|
Neal C. Wise; Jones Walker LLP;
January 19, 2016, previously published on January 7, 2016On December 21, 2015, the Mortgage Bankers Association (MBA) sent aletter to the CFPB seeking guidance on industry concern that secondary market purchasers of mortgage loans were rejecting a high rate of these loans due to technical violations of the TILA/RESPA Integrated Disclosure (TRID) rule. In...