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HTMLSecure Your Rights in the New, More Secure ".BANK" Domain Registry
Micah J. Fincher, A. Justin Ourso; Jones Walker LLP;
Legal Alert/Article
March 24, 2015, previously published on March 19, 2015
Soon banks and savings associations may apply for a ".bank" domain name. Top-level domains are the suffix that comes at the end of an internet address, such as ".com" or ".edu".

 

HTML“I Feel the Earth Move Under My Feet”: Hedge Funds as Systemically Important Financial Institutions?
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 23, 2015, previously published on March 20, 2015
Hedge fund managers have historically sought to minimize their regulatory burdens, and the proper level of regulation of the industry has been long and intensely debated. The regulatory burden on hedge fund managers has grown significantly in the aftermath of the financial crisis. Now, a seismic...

 

HTMLBank Domain Names: What You Need To Know
Kevin M. Gold; Rhoads & Sinon LLP;
Legal Alert/Article
March 23, 2015, previously published on March 2015
In the next few months, banks and financial institutions will have the opportunity to obtain a .bank internet domain name to supplement or replace existing domain names. Banks are likely familiar with the so-called generic top-level domain names such as .com, .net, and .org. These domain names are...

 

HTMLMilitary Lending Act: Let's Just Throw that Baby Out with the Bath Water
Maurice L. Shevin; Sirote & Permutt, P.C.;
Legal Alert/Article
March 23, 2015, previously published on January 13, 2015
The CFPB has joined in the fray over the expansion of the Military Lending Act's application to traditional installment lending.

 

HTMLAs GM Attempts to Hide Behind Bankruptcy Shield, Bellwether Trials are Set for January 2016
Jodi Westbrook Flowers; Motley Rice;
Legal Alert/Article
March 19, 2015, previously published on March 10, 2015
Despite GM’s initial claim that only 13 deaths were related to its defective ignition switch, the company’s Ignition Switch Compensation Fund has now approved settlements for 64 deaths and 108 serious injury claims. For more than a decade, the automaker knew that this ignition switch...

 

HTMLNevada Supreme Court Clarifies That 'Consideration Paid' by Successor Note-Holders Can Limit Recovery in Deficiency Actions
Leslie S. Godfrey, Kara B. Hendricks, Michael R. Hogue; Greenberg Traurig, LLP;
Legal Alert/Article
March 19, 2015, previously published on March 10, 2015
In late 2013, the Nevada Supreme Court issued a 5-2 decision in Sandpointe Apartments v. Eighth Judicial Dist. Ct. which found that 2011 amendments modifying Nevada’s anti-deficiency protections created limitations on the amount a note-purchaser could recover as part of a deficiency judgment....

 

HTMLNo One Likes a Complainer, Except Maybe the CFPB
Samuel D. Friedman; Sirote & Permutt, P.C.;
Legal Alert/Article
March 19, 2015, previously published on December 9, 2014
As we have discussed in a previous post, a successful compliance management system needs to include four components: (1) board and management oversight, (2) a written compliance program, (3) response to complaints, and (4) a compliance audit. Today, we review component three—the importance of...

 

HTMLFederal Law Friday: You Better Safeguard My Identity From The Bad Guys!
Maurice L. Shevin; Sirote & Permutt, P.C.;
Legal Alert/Article
March 19, 2015, previously published on December 5, 2014
In our Federal Law Friday series, each week we review a different Federal law or regulation that should be covered by a finance company’s policies, procedures and compliance management system. This week, we review the Red Flags Rule.

 

HTMLFederal Law Friday: When Denying Credit (Adverse) Actions Speak Louder Than Words
Samuel D. Friedman; Sirote & Permutt, P.C.;
Legal Alert/Article
March 19, 2015, previously published on December 19, 2014
In our Federal Law Friday series, each week we review a different Federal law that should be covered by a finance company's policies, procedures and compliance management system. This week, we review the Adverse Action Rules.

 

HTMLWhat's the CFPB Cooking for the Holidays?
Samuel D. Friedman; Sirote & Permutt, P.C.;
Legal Alert/Article
March 19, 2015, previously published on December 2, 2014
It truly is the most wonderful time of the year in the South. The air is crisp. The football is good. And, it seems like there is always something cooking. Washington is no different (other than maybe the good football part).

 


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