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  • Article

    Creditors: Delete A Discharged Debt From A Credit Report Or Face Possible Liability

    A typical lender is often managing tens of thousands of accounts of all different types and in various states of financial health.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    Twist & Shout: California Appellate Court Allows Reverse Veil Piercing Against LLC

    The California's Fourth Appellate District has concluded that "reverse veil piercing" is possible to add a limited liability company to a judgment against the 99 percent owner of that LLC...
    United StatesLitigation, Mediation & Arbitration
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    Supermarket Chain Gets Freezer Burn From $100K Sweepstakes Fine

    Once again, a large retailer has been charged with violating New York state law by failing to properly inform customers that they could enter a sweepstakes without having to make a purchase.
    United StatesMedia, Telecoms, IT, Entertainment
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    California Attorney General Releases Modifications To Proposed CCPA Regulations

    On February 7, California's Attorney General released modified proposed regulations implementing the California Consumer Privacy Act (CCPA).
    United StatesPrivacy
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    Are Liquidated Damages Down The Drain In California?

    Liquidated damages can provide parties added incentive to perform all types of contracts, including commercial real estate contracts. But are they enforceable in California?
    United StatesReal Estate and Construction
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    Walk, Don't Run: After Foreclosing, Lenders Should Pause Before Evicting Tenants In California

    The California Supreme Court has held that a new owner of property obtained through non-judicial foreclosure must perfect title before serving a written notice to quit on the current tenants.
    United StatesReal Estate and Construction
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    10 Cybersecurity Tips For A Safe Holiday Season

    Don't let a cybersecurity incident ruin your holiday season. Follow the tips below to help keep both your company-issued and personal devices and data safe during your holiday travels:
    United StatesTechnology
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    Executive Order Presents Three-Pronged Approach To Improving U.S. Cybersecurity

    With a recent executive order, the President of the United States continued the efforts of the previous administration to improve the U.S.'s cybersecurity capabilities and protections.
    United StatesTechnology
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    UAS Hearing Yields Details On Systems Research And Development, But No Timeline For Small UAS Rule

    A House Committee on Science, Space and Technology hearing on January 21 featured wide-ranging discussions of developing unmanned aircraft systems.
    United StatesTransport
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    U.K. Now Requires Supply Chain Transparency On Human Trafficking Risks

    In Part I of our two-part series, we discussed the worldwide issue of modern-day slavery and the California response. In this second part, we discuss the latest response in the United Kingdom.
    United KingdomCorporate/Commercial Law
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    Caitlyn On The Track: Athletics, Title IX, And The Transgender Community

    In our previous post, we discussed emerging federal policy regarding the application of federal anti-discrimination laws to the transgender community.
    United StatesConsumer Protection
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    Congress Delivers Two Holiday Gifts For Higher Education: New FAFSA Deadlines And Hazing Reform

    The lame-duck session of the 118th Congress managed to be an active one for the higher education community, with two bipartisan education bills moving through Congress over the last four weeks.
    United StatesConsumer Protection
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    Department Of Education Proposes Sweeping Revisions To Borrower Defense To Repayment Rule

    On July 6, 2022, the U.S. Department of Education (the "Department") released the unofficial version of its proposed rewrite of the borrower defense to repayment ("BDR") rule.
    United StatesConsumer Protection
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    ED's New Rule To Decide And Disclose The "Financial Value" Of Every Title IV Program At Every School

    On May 19, 2023, the U.S. Department of Education (ED) published in the Federal Register the official version of its latest notice of proposed rulemaking (NPRM).
    United StatesConsumer Protection
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    Education Malpractice And Student Litigation: New Lessons Learned

    As those in higher education are keenly aware, postsecondary institutions must regularly (and increasingly) contend with civil suits filed by current and former students.
    United StatesConsumer Protection
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    COVID-19: When A Bank Loan Restructure May Not Be A Troubled Debt Restructuring (Revised)

    Since our March 2020 blog post, the Federal banking and credit union regulators (FRB, FDIC, NCUA, OCC and CFPB) (collectively, the "Agencies") published revised guidance clarifying the relationship between the March 22...
    United StatesCoronavirus (COVID-19)
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    Getting Back To Work In A Pandemic Environment

    As businesses across the country evaluate how to get back to work during the COVID-19 pandemic, there are a number of employment issues to consider.
    United StatesCoronavirus (COVID-19)
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    State Emergency Declarations: When Do They Expire And What Impact Do They Have For Health Care Facilities And Providers?

    In response to the COVID-19 pandemic, states across the country have issued emergency declarations or disaster proclamations.
    United StatesCoronavirus (COVID-19)
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    'Shadow Trading' Verdict A Reminder For Companies To Review Insider Trading Policies And Train Insiders

    In a novel reading of the insider trading laws, the Securities and Exchange Commission (the "SEC") recently prevailed in its case against an executive who traded in securities...
    United StatesCorporate/Commercial Law
    Thompson Coburn LLP
    Thompson Coburn LLP
  • Article

    Business Opportunities; TP Asserts Substance Over Form; Unincorp. Entity As S Corp

    This trifecta of topics, drawn from Steve Gorin's 1st quarter 2021 newsletter, discusses gifts of services and business opportunities in light of developments in capital markets.
    United StatesCorporate/Commercial Law
    Thompson Coburn LLP
    Thompson Coburn LLP
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