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HTMLIdaho Legislative Update - Fall 2014
Jonathan Parker; Holland Hart LLP;
Legal Alert/Article
November 17, 2014, previously published on October 24, 2014
With less than two weeks until the November 4 general election, Idaho’s campaign season is in full swing and the political community’s attention is centered on the elections. At stake this election cycle in Idaho is a U.S. Senate seat, two Congressional offices, and all of Idaho’s...

 

HTMLMSRB Proposes to Extend "Gifts" Rule to Municipal Advisors
J. Andrew Gipson; Jones Walker LLP;
Legal Alert/Article
November 17, 2014, previously published on November 6, 2014
The Municipal Securities Rulemaking Board ("MSRB") on October 23, 2014, issued a request for comment on proposed rule amendments expanding application of Rule G-20 to municipal advisors. MSRB Rule G-20 presently governs gifts, gratuities, and non-cash compensation given or permitted to be...

 

HTMLGovernor Signs Sports Betting Bill; Clarification Motion Withdrawn
Christopher L. Soriano; Duane Morris LLP;
Legal Alert/Article
November 17, 2014, previously published on October 17, 2014
On October 16, 2014, the New Jersey Legislature passed Senate Bill 2460, which changed the legal framework for sports betting in New Jersey. Today, Governor Christie signed that legislation into law. Immediately thereafter, the Attorney General’s office withdrew the State’s application...

 

HTMLSEC Approves MSRB's First Dedicated Rule for Municipal Advisors
Matthew Bobys, Kenneth A. Gross, Ki P. Hong, Melissa L. Miles, Patricia M. Zweibel; Skadden, Arps, Slate, Meagher & Flom LLP;
Legal Alert/Article
November 17, 2014, previously published on October 31, 2014
On October 23, 2014, the Securities and Exchange Commission (SEC) approved Municipal Securities Rulemaking Board (MSRB) Proposed Rule G-44, the MSRB's first dedicated rule for municipal advisors, with conforming changes to Rules G-8 and G-9 (required records and preservation period, respectively)...

 

HTMLSEC Introduces "Control Person" Liability as Enforcement Action Weapon in Claim Against Municipal Officer for Misleading Bond Offering Document
Leonard Weiser-Varon; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.;
Legal Alert/Article
November 17, 2014, previously published on November 10, 2014
The U.S. Securities and Exchange Commission recently settled the first securities fraud charges brought against a municipal official alleging "control person" status under the federal securities laws. The SEC’s settlement with the former mayor of the city of Allen Park, Michigan...

 

HTMLGovernment of India Discloses Names of Overseas Bank Account Holders: Risk and Ramifications Analysis
Saionton Basu; Duane Morris;
Legal Alert/Article
November 17, 2014, previously published on October 29, 2014
The GOI is obligated to disclose to the Supreme Court all such names of account holders it has received from cooperating territories and investigating agencies under the Egmont Principles, in line with past Supreme Court directives.

 

HTML2014 Florida Election Results
Nicole Graganella; Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
November 15, 2014, previously published on November 5, 2014
Florida Governor Rick Scott (R) was re-elected to another four-year term last night, November 4, 2014, defeating Democrat Charlie Crist, who served as Florida Governor from 2007 to 2011.

 

HTMLFlorida Senator Bill Galvano to Serve as Majority Leader
Colodny Fass Talenfeld Karlinsky Abate Webb P.A.;
Legal Alert/Article
November 15, 2014, previously published on November 5, 2014
Florida Senate President-Designate Andy Gardiner (R-Orlando) announced today, November 5, 2014, that he has appointed Senator Bill Galvano (R-Bradenton) as Majority Leader for the 2014-2016 legislative term.

 

HTMLIs Texas Following Florida’s Lead on Changing the Economic Loss Rule?
Mary Jo Kuusela; Butler Pappas Weihmuller Katz Craig LLP;
Legal Alert/Article
November 15, 2014, previously published on October 13, 2014
Practicing in both Florida and Texas I have seen the Economic Loss Rule evolve over the years, and its direct impact on the recovery potential for our subrogation claims appears to be moving in a positive direction. Recently, the Texas Supreme Court held in a per curium opinion in Chapman Custom...

 

HTML31 State Attorneys General Elected to Office
Joseph W. Jacquot; Foley Lardner LLP;
Legal Alert/Article
November 14, 2014, previously published on November 5, 2014
Of the 50-state Attorneys General (AGs), 43 are elected. In 2014, 31 AGs were on the ballot of which 11 were open seats. Unofficial results are in, so meet the new Attorneys General.

 


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