Many lawyers and supply chain managers (and reporters) have focused on the Court of Appeals’ August 18, 2015 decision confirming the court’s prior ruling that the Conflict Minerals Rule violates the First Amendment to the extent that it requires reporting companies to report that any of their products have “not been found to be ‘DRC conflict free.’”
We’ve written plenty before about Europe’s “Right to be Forgotten,” under which governments tell Google and other search engines to take down links to legal, public documents that are deemed embarrassing or inconvenient for the people involved.
On August 25, the Consumer Financial Protection Bureau released its monthly consumer complaint snapshot, which included a focus on complaints regarding credit reporting.
Swiss banking giant UBS agreed to a $1.7 million settlement with The U.S. Treasury Department, Office of Foreign Assets Control (OFAC) on August 27, 2015 to resolve violations of U.S. sanctions.
84 House members recently wrote to the CFPB to urge it to expedite rulemaking to implement the small business lending data requirements of Dodd-Frank Section 1071.
According to “Firms at risk of losing pension business because of LIBOR convictions” (Pensions & Investments, August 28, 2015), the U.S. Department of Labor “is tentatively denying” certain organizations the okay to work with ERISA retirement plans.
Like most bank defendants, Key Bank was looking for the quickest way out of a $5 million fraudulent transfer lawsuit brought by a chapter 7 Trustee.
Our China lawyers have received at least five emails this past month from companies that have fallen victim to the China bank switch scam, in amounts ranging from USD$12,000 to $383,000.
As an attorney that prosecutes non-payment of forgivable loan claims on behalf of BDs, I find these cases typically go one of two ways.