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The past two weeks have seen major developments in court and at the Consumer Financial Protection Bureau concerning the Bureau's enforcement activities, all closely related to changes in the political winds.

There are many people who believe that energy storage is the "silver bullet" that will facilitate the modernization of the electric grid, including the integration of more energy from renewable sources into the electric system.

In April of last year, the New York City Council approved Local Law 91, establishing the Charter Revision Commission 2019 ("the Commission").

On November 28, 2016, Governor Andrew Cuomo signed legislation that makes major needed revisions to the Non-Profit Revitalization Act of 2013 for New York-formed nonprofits.

Imminent deadlines loom under both the New York Department of Financial Services' Cybersecurity Regulations for Financial Services Companies (23 NYCRR Part 500, "the Cybersecurity Regulations") ...

The Coop-Condo Abatement may be available to qualifying cooperative and condominium homeowners as early as July 1, 2017, assuming the application is completed and processed by DOF.

On February 6, 2019, the Bureau of Consumer Financial Protection (Bureau or CFPB) released a proposal to rescind the payday rule's requirements that lenders conduct a comprehensive

In his first opinion, Justice Gorsuch yesterday delivered the Supreme Court's unanimous decision in Henson v. Santander Consumer USA Inc., No. 16-349.

The regulatory stars are aligning for banks and non-banks to expand their offerings of short-term, small dollar credit.

The Financial Accounting Standards Board recently implemented two new rules under GAAP that may affect credit agreements, including the way a company calculates EBITDA and total liabilities when determining compliance with financial covenants.

Asset managers tend to continually evaluate their capital sources and often seek to expand their investor base.

Are there limits to co-op and condo boards' authority to develop or revise house rules? That was the central question the court faced in Olszewski v. Cannon Point Association Inc.

On July 31, 2018, the Treasury Department released its report on regulatory reform for financial innovation.

California's Unfair Competition Law, Cal. Bus. & Prof. Code section 17200 et seq. ("UCL"), already gives governmental officials great power to seek civil penalties from any business engaged in unlawful,...

A CONTRACTOR DIES on the job. Who's liable? When shareholders perform work in their apartments, the concept is that the shareholder assumes all risk and liability in connection with that work.

At some point, almost every cooperative board asks about the proprietary lease's "use clause." When it says the apartment can be used as a private dwelling by the lessee and the lessee's family, does that mean that both the lessee and the family must live there simultaneously?

What must a co-op or condo board do to modify its policies for a disabled occupant? And whose obligation is it to propose a "reasonable" accommodation? These were issues discussed in the case Steinberg-Fisher v. North Shore Towers Apartments, Inc.