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NEW YORK (September 17, 2024) – Marshall Dworkin, an experienced litigator, has become counsel in Saul Ewing’s New York office, joining former colleagues James Chou and Peter Zlotnick. Mr. Dworkin is a litigator with substantial experience representing clients in commercial, insurance and...
On August 21, 2024, the Consumer Financial Protection Bureau (CFPB) announced an enforcement action against Fay Servicing, a nonbank mortgage servicer, for alleged violations of federal mortgage servicing laws and non-compliance with a 2017 CFPB order. As part of this action, the CFPB has imposed a...
Welcome to Saul Ewing’s Public Companies Quarterly Update series. Our intent is to, on a quarterly basis, highlight important legal developments of which we think public companies should be aware. This edition is related to developments during the second quarter of 2024. If you would like to discuss...
On July 17, 2024, Delaware Governor John Carney signed into law the 2024 amendments to the General Corporation Law of the State of Delaware (the “DGCL”), the Delaware Limited Liability Company Act (the “LLC Act”), the Delaware Revised Uniform Limited Partnership Act (the “LP Act”), the Delaware...
Strategies for a post-NAR settlement market webinar Professionals across the real estate transaction may face changes to the ways they communicate and market their relationships with their partners. Join two national industry leaders as they discuss Sitzer-Burnett and its potential impacts on the...
Prohibition on Unfair and Deceptive Marketing Practices, What You Need to Know The U.S. Department of Education has updated Borrower Defense to Repayment Regulations that expand actionable circumstances to include substantial misrepresentation, substantial omission of fact, and aggressive...
The National Venture Capital Association (“ NVCA”) has recently (but without any fanfare) released substantively important revisions to its model legal documents, specifically, the Investor Rights Agreement, the Stock Purchase Agreement, and the Certificate of Incorporation. These changes address...
On April 23, 2024, the Federal Trade Commission (FTC) issued its proposed final rule (the “Rule”) banning the use of future noncompete agreements for all workers, including senior executives, 89 FR 38342. Noncompete agreements have long been a valuable tool in a company’s toolbox to mitigate the...
On May 16, 2024, the United States Supreme Court issued its highly anticipated decision in Consumer Financial Protection Bureau v. Community Financial Services Association of America , determining once and for all that the Consumer Financial Protection Bureau’s (“CFPB”) self-funding mechanism is not...
The Consumer Financial Protection Bureau continued its jurisdictional expansion April 17 when it issued a consent order against BloomTech Inc., which does business as Bloom Institute of Technology, a for-profit college for computer programming. According to the consent order, the school "offers...
RESPA: A Review of the Latest Actions This presentation will cover the following points: RESPA angle on the recent Chevron case The Washington D.C. Attorney General settlement on agent/investor joint ventures. Pennsylvania Attorney General’s indicators that an affiliated arrangement is compliant...
Minnesota has a unique statute that allows minority shareholders in a closely held corporation to initiate an action for a buy-out of their interests. Minn. Stat. § 302A.751, subdivision 2. Under the Minnesota Business Corporation Act, a closely held corporation is a corporation with 35 or fewer...
MBA’s Legal Issues and Regulatory Compliance provides the most comprehensive information on regulatory initiatives, litigation legislation and enforcement activity, all specifically tailored to the residential mortgage industry. Get up-to-the-minute guidance on hot topics in general sessions with...
The Consumer Financial Protection Bureau continues to expand its presence into different businesses, including for-profit colleges. On April 17, 2024, the CFPB issued a consent order against a for-profit college for computer programming. According to the consent order, the school “offers training...
ALTA Insights: How to Build a Compliant, Scalable JV Title Agency This presentation will provide a blueprint for building compliant joint ventures in today’s economic and regulatory climate. The discussion will delve into core and non-core title services to utilizing technology and central services...