The California Financial Code imposes caps on the interest rates that lenders may charge on consumer loans for less than $2,500.

Under a Pennsylvania statute commonly referred to as "Act 6," a lender must give a residential borrower at least thirty days' notice before it may commence foreclosure proceedings.

Under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), customers of failed banks that have been taken over by the Federal Deposit Insurance Corporation (FDIC) must, in the first instance, submit any claims they may have against the bank for resolution by the FDIC. If the FDIC disallows the claim, either expressly or by failing to act on the claim within 180 days, the claimant has 60 days to seek judicial review of the FDIC’s decision.

Joining a national trend, the United States Court of Appeals for the Third Circuit recently held that a plaintiff must allege more than just a misleading representation to prevail on a claim under the Fair Debt Collections Practices Act (FDCPA).

The United States Court of Appeals for the Second Circuit is the latest appellate court to apply the Moench "presumption of prudence" under ERISA to protect plan fiduciaries from liability despite the total collapse of the plan’s investment in company stock.

Earlier this year, the Department of Justice issued a memorandum opinion that effectively reversed the DOJ's 2011 guidance and advised federal prosecutors that the Wire Act's prohibition against interstate gambling ...

The Spring 2020 edition of the Aviation Group's newsletter examines some of the most recent and relevant cases and developments in aviation...

The primary bank regulatory agencies, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Consumer Financial Protection Bureau and the State Liaison Committee of the Conference of State Bank Supervisors (collectively, the Federal Financial Institutions Examination Council, or "FFIEC") recently proposed guidance for their respective regulated financial institut

Big changes for any attorney who practices in the United States federal courts are here. Effective with all new state and federal lawsuits commenced on or after January 6, 2012, the Federal Courts Jurisdiction and Venue Clarification Act of 2011, H. R. 394, P.L. 112-63 (the "Act") has significant implications for diversity jurisdiction and clarifies numerous issues related to removal procedures by resolving differences among the Circuit Courts.

With the signing of the Office of Federal Contract Compliance Programs’ (OFCCP) Directive No, 306, Director Patricia Shiu is taking aim at government contractors that exclude all job applicants who have a criminal record.

In 2011, in response to the Great Recession, Pennsylvania joined a handful of states in enacting work sharing legislation (also known as short-time compensation).

Anti-not to compete legislation H.F. No. 506 was introduced in the Minnesota House of Representatives on February 11 that would, if enacted, broadly void "any contract that prohibits a party to that contract from exercising a lawful profession, trade, or business" except in three specific instances:

The jury returned a verdict for the defendants on the fraudulent and negligent misrepresentation claims, but the trial court ruled in Plaintiffs' favor on the CPL claim.

On March 31, 2020, the United States Patent and Trademark Office (USPTO) issued an advisory Notice (Notice) on the waiver of certain trademark-related deadlines for those who have been personally affected by the COVID-19 outbreak.

In a decision not following developing nationwide rulings regarding the effect of registration to do business, the Pennsylvania Superior Court, in a unanimous decision, held that foreign companies...

With the April 15 deadline for calendar year Pennsylvania Corporate Tax Report (RCT-101) filers right around the corner, it is worth remembering that the Pennsylvania Capital Stock/Foreign Franchise Tax ("CS/FFT") has finally been allowed to expire for tax years beginning after December 31, 2015.

The more critical aftershock, however, will be the effort undertaken by the universities to work toward changing their culture and improving compliance.

In a precedential decision, the Third Circuit Court of Appeals held that the "but-for" standard applies in retaliation cases filed under the False Claims Act (FCA).

Late last year we reported that Case New Holland, Inc. (CNH) had sued the EEOC after learning that the agency, in the course of investigating a claim of age discrimination, had sent a blast email. This email was linked to a questionnaire and sent to 1300 employees at their work email addresses at the beginning of their workday.

A panel of the Court of Appeals for the Ninth Circuit unanimously decided last week that a properly-drafted arbitration clause that waives class actions and reserves to the arbitrator the determination of whether a dispute ...