FDIC Finalizes Changes to Limits on Failed Bank Asset Purchasers
The FDIC today issued a final rule making changes and clarifications to its prohibition on individuals or entities associated with...
Legal
Deutsche Bank Pays $2.5 Billion to Resolve Libor Charges
Deutsche’s deferred prosecution agreement is the largest of the Libor-rigging settlements.
Fifth Circuit Rules Texas Debt Collection Statute Not Preempted by HOLA
A Fifth Circuit ruling in Barzelis v. Flagstar Bank F.S.B. will raise questions about how to define a “borrower” under...
Target Proposes $19M Settlement with MasterCard
Will 90 percent of MasterCard-issuing financial institutions accept the network's settlement with Target?
Employers Can Decide That Physical Presence at Work is an Essential Function
On April 10, 2015, the Sixth Circuit Court of Appeals issued its long-awaited en banc decision in Equal Employment Opportunity...
U.S. Supreme Court Provides Roadmap to Avoid Baby Bump Blunders
On March 25, 2015, the Supreme Court issued its long-awaited opinion in Young v. United Parcel Service, Inc. to address...
California Federal Court Rules ‘No Surcharge’ Law Unconstitutional
Circuits are split on the constitutionality of laws prohibiting merchants from imposing a surcharge on customers for using a credit...
Judge Orders BHC to Produce Examination and Enforcement Documents
Does the federal bank examination privilege control whether a bank holding company must produce examination and enforcement documents?
ABA, Groups Urge Congress Not to Fund Eminent Domain Seizures
ABA and several trade groups wrote to congressional appropriators on Friday urging them to maintain the prohibition on federal funds...
