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HTMLCFPB Issues Preliminary Results of its Arbitration Study
Troutman Sanders LLP;
Legal Alert/Article
December 19, 2013, previously published on December 16, 2013
In the wake of the Supreme Court’s historic arbitration decision in AT&T Mobility LLC v. Concepcion, 131 S. Ct. 1740 (2011), the Consumer Financial Protection Bureau (“CFPB”) took its first public action by issuing on December 12, 2013, its preliminary report setting forth the...

 

HTMLD.C. Circuit Strikes Down FERC Order on Dispute between MISO and SPP on Entergy Integration
Peter S. Glaser, Kevin C. Greene, Daniel L. Larcamp, Clifford S. Sikora, Lara L. Skidmore; Troutman Sanders LLP;
Legal Alert/Article
December 13, 2013, previously published on December 9, 2013
On December 3, 2013, the United States Court of Appeals for the District of Columbia Circuit (“D.C. Circuit”) vacated and remanded FERC’s 2011 order regarding certain aspects of the Joint Operating Agreement (“JOA”) between the Midcontinent Independent System Operator,...

 

HTMLPresident Obama Increases Federal Agency Renewable Energy Goals
Peter S. Glaser, Kevin C. Greene, Daniel L. Larcamp, Clifford S. Sikora, Lara L. Skidmore; Troutman Sanders LLP;
Legal Alert/Article
December 13, 2013, previously published on December 9, 2013
On December 5, 2013, President Barack Obama issued a Memorandum to the heads of executive departments and agencies to increase their development and use of new renewable energy sources.

 

HTMLCFPB Issues Revised TILA and RESPA Examination Procedures
Troutman Sanders LLP;
Legal Alert/Article
December 13, 2013, previously published on December 10, 2013
On November 27, 2013, the Consumer Financial Protection Bureau (CFPB) released updated examination procedures intended to test loan originators’ and servicers’ compliance with the Truth in Lending Act (TILA Update) and the Real Estate Settlement Procedures Act (RESPA Update).

 

HTMLFERC Petitions District Court to Affirm Penalties in ISO-NE Demand Response Cases
Peter S. Glaser, Kevin C. Greene, Daniel L. Larcamp, Clifford S. Sikora, Lara L. Skidmore; Troutman Sanders LLP;
Legal Alert/Article
December 13, 2013, previously published on December 9, 2013
On December 2, 2013, FERC filed two petitions in the United States District Court for the District of Massachusetts asking the court to affirm FERC’s assessment of civil penalties against Lincoln Paper and Tissue, LLC (“Lincoln”), Competitive Energy Services, LLC...

 

HTMLHouse Panel Evaluates FERC’s Role in Changing Energy Industry
Peter S. Glaser, Kevin C. Greene, Daniel L. Larcamp, Clifford S. Sikora, Lara L. Skidmore; Troutman Sanders LLP;
Legal Alert/Article
December 13, 2013, previously published on December 9, 2013
On December 5, 2013, the House Energy and Commerce Subcommittee on Energy and Power held a hearing entitled “Evaluating the Role of FERC in a Changing Energy Landscape.” The hearing focused on the legal and regulatory authority of FERC and the manner in which FERC has carried out its...

 

HTMLFederal Reserve Issues Guidance Reminding Banks of Responsibility for Actions of Outside Vendors
Troutman Sanders LLP;
Legal Alert/Article
December 13, 2013, previously published on December 11, 2013
On December 5, 2013, the Federal Reserve released guidance reminding banks within its supervisory jurisdiction of the need to exercise appropriate risk management and oversight when outsourcing to third-party service providers. The Fed made it clear that banks will be held responsible for any...

 

HTMLEvaluation of Evaluations
Larry A. Cerutti, W. Brinkley Dickerson, David I. Meyers; Troutman Sanders LLP;
Legal Alert/Article
December 9, 2013, previously published on December 2, 2013
Have you thought about your board evaluation process lately? It usually does not get much attention, and often its only purpose on the agenda is to enable a company to certify that it has complied with a stock exchange’s annual requirement of evaluating the board and key committees.

 

HTMLNew SEC Guidance on “Bad Actor” Disqualification Events for Accredited Investor Offerings Under Rule 506
Thomas M. Rose, Shona Smith; Troutman Sanders LLP;
Legal Alert/Article
December 9, 2013, previously published on December 5, 2013
On December 4, 2013, the United States Securities and Exchange Commission (the “SEC”) issued new Compliance and Disclosure Interpretations (“C&DIs”) clarifying certain aspects of the application of the “bad actor” disqualification events for offerings to...

 

HTMLCarrier Held to Have No Duty to Defend Lawsuit Involving a Negligence Claim Because That Count Was “Inseparably Intertwined” With a Claim for Non-Covered, Intentional Conduct
Troutman Sanders LLP;
Legal Alert/Article
November 28, 2013, previously published on November 25, 2013
Rizzo v. Insurance Co. of the State of Pennsylvania involved several underlying lawsuits against Richard Rizzo based on his allegedly fraudulent and self-interested acts while serving as an administrator for the City of Bell, California. During his time in office, Rizzo was alleged to have, among...

 


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