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HTMLPersons Registered as Municipal Advisers Face SEC Examination Program
Peter D. Fetzer, Jason M. Hille, Terry D. Nelson; Foley & Lardner LLP;
Legal Alert/Article
September 2, 2014, previously published on August 29, 2014
The SEC recently announced that its Office of Compliance Inspections and Examinations (“OCIE”) will shortly commence an examination program of registered municipal advisers. The examination program will be phased in over the next few years. The focus of the examinations will be certain...

 

HTMLObama Considers Immigration Action
McDonald Hopkins LLC;
Legal Alert/Article
September 2, 2014, previously published on August 29, 2014
President Obama may be getting ready to drop a political nuclear bomb just months before the 2014 mid-term elections. The Obama administration is considering unilateral executive action on immigration—with action coming as early as next week.

 

HTMLFederal Deficit Likely to Rise
McDonald Hopkins LLC;
Legal Alert/Article
September 2, 2014, previously published on August 29, 2014
A new report from the Congressional Budget Office (CBO) warns that the federal deficit is likely to increase dramatically over the next 10 years—more than doubling to $960 billion by 2024, forcing higher federal spending on interest payments and limiting lawmakers' flexibility to deal with...

 

Adobe PDFItalian Parliament Confirms June Measures Introduced by Government to Boost Italian Lending Market
Alessandro Corno, Luca Ferrari, Marco Lombardi, Francesco Squerzoni; Jones Day;
Legal Alert/Article
September 2, 2014, previously published on August 2014
As reported in our July Commentary, “The Italian Government Introduces Measures to Boost the Italian Lending Market,” the Italian Government Law Decree No. 91 of June 24, 2014 (the “Law Decree”) introduced certain measures aimed at facilitating the access to financing by...

 

HTMLHouse Republicans Nearing Deal on Terrorism Insurance
McDonald Hopkins LLC;
Legal Alert/Article
September 2, 2014, previously published on August 29, 2014
In July, the Senate - by a vote of 93 to 4 - reauthorized the terrorism risk insurance program that was initially enacted after the Sept.11 terror attacks. Despite the overwhelmingly bipartisan vote in the Senate, House conservatives have sought additional changes to the program that they say will...

 

HTMLMunicipalities, Including the New York City Department of Education, Are Being Encouraged to Audit Pre-School Education Programs with Which They Contract
Pamela A. Madeiros; Greenberg Traurig, LLP;
Legal Alert/Article
September 1, 2014, previously published on August 27, 2014
Chapter 57 of the laws of 2013 directed the New York State Education Department (NYSED) to provide guidelines on standards to municipalities that perform fiscal audits of pre-school education programs. Many municipalities, including the New York City Department of Education (NYCDOE) Office of...

 

HTMLMichigan Liquor Control Commission Resumes Issuing Redevelopment Liquor Licenses to Michigan Townships and Villages
Lisa J. Hamameh, Ronald D. Richards; Foster, Swift, Collins & Smith, P.C.;
Legal Alert/Article
September 1, 2014, previously published on August 28, 2014
The Michigan Liquor Control Commission may resume issuing Redevelopment Liquor Licenses to Michigan townships and villages.

 

Adobe PDFEPA's CO2 Rule and 18 States' Resolutions and Legislation
Raymond L. Gifford, Matthew S. Larson, Gregory E. Sopkin; Wilkinson Barker Knauer, LLP;
Legal Alert/Article
August 29, 2014, previously published on August 2014
18 state legislatures passed either legislation or resolutions that EPA has rejected in its CO2 Emission Guidelines. The states demanded that the EPA respect state primacy in setting performance standards under Section 111(d) and/or allow the state maximum flexibility to implement carbon standards,...

 

HTMLPrescription Drugs: Refocusing the False Claims Act Microscope on the Rest of the Transaction
Tara E. Swenson; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.;
Legal Alert/Article
August 28, 2014, previously published on August 25, 2014
Over the last decade, it has often felt as though the pharmaceutical industry has been the government’s and whistleblowers’ main, and at times only, target for False Claims Act (“FCA”) investigations. While manufacturers are likely not out from underneath the microscope, it...

 

HTMLMortgagees Face Increased Penalties for Failure to Remedy Municipal Violations on New Jersey Properties in Foreclosure
Edward W. Chang, Francis X. Crowley, Kevin C. Rakowski, Wayne Streibich; Blank Rome LLP;
Legal Alert/Article
August 27, 2014, previously published on August 2014
Effective July 14, 2014, New Jersey Assembly Bill A347 amended N.J.S.A. 46:10B-51, a statutory provision that allows municipalities to impose penalties on creditors for failure to remedy municipal ordinance violations.

 


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