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HTMLCFPB Proposes to Examine and Directly Supervise Nonbank Auto Lenders
Keith J. Barnett, Thomas M. Byrne, B. Knox Dobbins, Cheryl L. Haas, Jason S. McCarter; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
September 25, 2014, previously published on September 19, 2014
On September 17, the Consumer Financial Protection Bureau (CFPB) proposed to make nonbank automobile lenders subject to the examination and direct supervision of the Bureau. Under the proposed rule, the CFPB would include as a “larger participant” any company engaging in more than...


HTMLBest Practices in Drafting U.S. Government Subcontract Terms and Conditions
Erin L. Toomey; Foley & Lardner LLP;
Legal Alert/Article
September 17, 2014, previously published on September 15, 2014
Federal government subcontracts are a hybrid between commercial contracts governed by state law (such as, for the sale of goods, the Uniform Commercial Code) and government contracts governed by the Federal Acquisition Regulation (FAR) and FAR agency supplemental clauses. A...


HTMLBYOD and the Auto Industry: A Marriage Made in Heaven or Hell?
Mark J. Neuberger; Foley & Lardner LLP;
Legal Alert/Article
September 12, 2014, previously published on September 8, 2014
By all accounts, Bring Your Own Device (BYOD) to work is catching on like wildfire because virtually every American worker holds a device in the palm of their hand which is faster and more powerful than some of the most powerful desktop computers from as little as ten years ago. As employees at all...


HTML¿No Va? ĄSi va! Investing in Mexico’s Auto Industry
Annette De La Torre; Foley & Lardner LLP;
Legal Alert/Article
September 12, 2014, previously published on September 11, 2014
Mexico, our neighbor to the south, is growing every day as a leading producer in the automobile industry. Presently, Mexico is the world’s largest producer of light vehicles and the second largest in Latin America. Companies in Mexico in the light vehicle industry have approximately 18...


HTMLSpiders Force Suzuki Vehicle Recall
Seth A. Katz; Burg Simpson Eldredge Hersh & Jardine, P.C.;
Legal Alert/Article
September 11, 2014, previously published on August 28, 2014
Suzuki has been forced to recall more than 19,000 midsize cars over fear that spider webs could clog a fuel vapor vent hose in certain Kizashi cars with model years from 2010 to 2013. If airflow is cut off, the gas tank can be damaged or deformed, increasing the potential for a fire.


HTMLThird Circuit Rules Failure to Appeal Leaves Union and Its Retirees Without a Remedy
Kevin C. Maclay, Todd E. Phillips, James P. Wehner; Caplin & Drysdale, Chartered;
Legal Alert/Article
September 10, 2014
On August 28, 2014, the Court of Appeals for the Third Circuit delivered a stern admonition about the risk of failing to appeal when it ruled that a union that had not filed a notice of appeal could not benefit from a successful appeal by another union in the same matter. The decision directly...


HTMLToyota Motor Credit Corp. "Moving Forward" in New Jersey Tax Court
Sahang-Hee Hahn, Pilar Mata; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
September 4, 2014, previously published on August 29, 2014
The New Jersey Tax Court ruled for Toyota Motor Credit Corp. on three issues for New Jersey Corporate Business Tax purposes. Specifically, the court upheld the taxpayer’s gain calculation method using an upwardly adjusted federal tax basis; upheld the taxpayer’s departure from federal...


HTMLMust You Always Report a Car Accident to Police in Connecticut?
Carmody Torrance Sandak Hennessey LLP;
Legal Alert/Article
September 2, 2014, previously published on August 25, 2014
Conscientious Connecticut motorists understandably invest most of their focus on state roadways on literally steering clear of any involvement in a motor vehicle accident.


HTMLDraft ISO 14001:2015 Standard Available for Public Comment
Karen Lutz; Foley Lardner LLP;
Legal Alert/Article
September 1, 2014, previously published on August 18, 2014
The revision of the ISO 14001 standard is now open for public comment, with the final standard publication expected in 2015, affecting over 280,000 certified organizations worldwide. Once final, the standard is expected to be in place until 2025.


HTMLCar Fires and Fuel Tank Explosions Remain an Ongoing National Concern
Todd A. Walburg; Lieff, Cabraser, Heimann & Bernstein, LLP;
Legal Alert/Article
August 27, 2014, previously published on August 15, 2014
According to the U.S. Fire Administration's National Fire Incident Reporting System, "from 2008 to 2010, an estimated 194,000 highway vehicle fires occurred in the United States each year resulting in an average of approximately 300 deaths, 1,250 injuries and $1.1 billion in property...


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