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  • Article

    Ides Of March Special: 5Th Circuit Assassinates DOL Fiduciary Rule

    On March 15, 2018, the United States Court of Appeals for the 5th Circuit vacated in its entirety the Department of Labor's revised investment advice fiduciary rule (the "Fiduciary Rule") ...
    United StatesEmployment and HR
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    New York City Introduces Pay Range Salary Transparency Requirements

    In an effort to address gender-based pay disparities, effective May 15, 2022, the New York City Human Rights Law ("NYCHRL") will require employers with four or more employees...
    United StatesEmployment and HR
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    A Donald Trump Coup If He Loses In 2020? With All The Norms He's Busted, Don't Rule It Out

    Cohen fear about a 'peaceful transition' is worth considering given Trump's attacks on judges, Congress and media, and the criminal trials he may face.
    United StatesGovernment, Public Sector
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    Application Process For New York City Cooperative And Condominium Property Tax Abatements

    The Coop-Condo Abatement is only one of many benefits available to cooperative and condominium homeowners.
    United StatesReal Estate and Construction
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    "A Tale Of (At Least) Two Gerrymanders"

    At the same time congressional committees are investigating allegations of Russian meddling in the 2016 election, the judiciary has been grappling with another critical challenge to American democracy:
    United StatesGovernment, Public Sector
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    What CFPB's First No-Action Letter Signals

    The Consumer Financial Protection Bureau ("CFPB" or "Bureau") yesterday issued its first ever No-Action Letter ("NAL") through its Project Catalyst initiative, and the industry.
    United StatesTechnology
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    No Deduction For Good Performance?

    This Stroock Special Bulletin provides an overview of these changes, and other significant ways in which the Tax Reform Bill will impact executive compensation programs.
    United StatesTax
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    CFTC's DSIO Issues Time-Limited No-Action Letter: Will Not Recommend Enforcement Action Against Swap Dealers For Failure To Comply With Variation Margin Requirements For Swaps Subject To March 1, 2017 Compliance Date

    Yesterday the Commodity Futures Trading Commission's Division of Swap Dealer and Intermediary Oversight issued a time-limited no-action letter stating that from March 1, 2017, to September 1, 2017...
    United StatesFinance and Banking
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    CFPB Issues Prepaid Cards Rule

    On October 5, 2016, the CFPB released its long-awaited rule covering prepaid cards. This Stroock Special Bulletin provides an overview of the Rule, which requires prepaid card providers to give consumers enhanced disclosures and other protections.
    United StatesFinance and Banking
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    Quoth The DOL, ‘Nevermore'? Delays Fiduciary Rule Until June – But Isn't Raven About Future Action

    On April 4, 2017, the Federal Register posted a notice of delay of 60 days by the U.S. Department of Labor of the first scheduled applicability date for the so-called investment advice "fiduciary" (or conflict of interest) rule ...
    United StatesEmployment and HR
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    CFPB Proposes "Drastic Overhaul" Of Debt Collection

    On July 28, 2016, the Consumer Financial Protection Bureau released an outline of proposals that it is considering to, in Director Richard Cordray's words, "drastically overhaul the debt collection market".
    United StatesConsumer Protection
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    The "Excepted Foreign State" Club Gets Bigger

    The Foreign Investment Risk Review Modernization Act (FIRRMA) gave the Committee on Foreign Investment in the United States (CFIUS) enhanced powers in August 2018.
    United StatesGovernment, Public Sector
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    Russian Sanctions Reach The Energy Sector: What Businesses Can And Can't Do

    On March 8, President Biden signed a broad and sweeping Executive Order ("EO") imposing new sanctions on the Russian energy sector...
    United StatesInternational Law
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    The Roof Rights Reversal

    We cannot stress enough that the Business Judgment Rule does not give boards carte blanche.
    United StatesReal Estate and Construction
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    CFPB & States Focus on Small Business Lending

    The Consumer Financial Protection Bureau's ("CFPB" or "Bureau") May 10, 2017 field hearing and issuance of a Request for Information ("RFI") regarding the small business lending market, particularly credit issues facing small businesses owned by women and minorities, have stirred worries about new regulatory burdens on this sector.
    United StatesFinance and Banking
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    "Arbitration Update – Relief Sought In Class Action Held Not To Be ‘Public Injunctive' Relief"

    This Stroock Special Bulletin provides an update with respect to litigation involving arbitration provisions.
    United StatesLitigation, Mediation & Arbitration
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    ISO-lated No More?

    The changes in the AMT may present opportunities for those who may wish to consider granting incentive stock options, or ISOs.
    United StatesTax
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    Community Land Trusts 101

    Spurred by strong community support for permanent affordability, interest in community land trusts ("CLTs") has been growing at a rapid pace.
    United StatesReal Estate and Construction
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    Supreme Court Unanimously Rules SEC Power To Seek Disgorgement Subject To Five-Year Statute Of Limitations

    unanimous Supreme Court ruled yesterday that the Securities and Exchange Commission's power to recover ill-gotten profits from misconduct, also known as "disgorgement," is subject to a five-year statute of limitations.
    United StatesCriminal Law
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP
  • Article

    DOL Fiduciary and Yesterday's Super Bowl: No Delay of Game (Yet) and Overtime Possible

    On Friday, President Trump issued a Memorandum to the Secretary of Labor concerning the investment advice "fiduciary" rule under the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), which is scheduled to be "applicable" on April 10 (the "Fiduciary Duty Rule").
    United StatesEmployment and HR
    Stroock & Stroock & Lavan LLP
    Stroock & Stroock & Lavan LLP

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