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Federal Jury Finds Bank Liable for Reverse Redlining
  • Mayer Brown LLP
  • USA
  • July 18 2016

On June 27, 2016, a New York federal jury found that a bank and its affiliated mortgage company violated the Fair Housing Act, the Equal Credit


Substantial Assistance: The CFPB’s Newest Tool
  • Mayer Brown LLP
  • USA
  • July 19 2016

The Consumer Financial Protection Bureau’s (CFPB) latest enforcement tool “substantial assistance” is becoming a common way for the agency to go


Limitations on liability exceptions for gross negligence and willful misconduct and the implications for outsourcing agreements
  • Mayer Brown LLP
  • USA
  • August 12 2013

In outsourcing agreements, parties typically limit their liability to each other. The parties often exclude from those limitations on liability


Texas Court Of Appeals Reduces $115 Million Punitive Award To A Mere Shadow Of Itself
  • Mayer Brown LLP
  • USA
  • July 19 2016

Courts applying BMW and State Farm often emphasize the Supreme Court’s admonition that the constitutional line is not “marked by a simple


New York Department of Financial Services Adopts a New Anti-Money Laundering Regulation
  • Mayer Brown LLP
  • USA
  • July 12 2016

Legal Update On June 30, 2016, the New York Department of Financial Services (“NYDFS”) adopted a new anti-money laundering (“AML”) compliance


Privacy Shield is Here. Now What?
  • Mayer Brown LLP
  • European Union, USA
  • July 15 2016

On July 12, 2016, the European Commission and the US Department of Commerce signed the EU-US Privacy Shield agreement, a much-anticipated framework


Obama Administration Picks up the PACE (Property Assessed Clean Energy)
  • Mayer Brown LLP
  • USA
  • July 20 2016

In Brief On July 19, 2016, the Obama administration announced several measures intended to promote solar energy to cut the energy bills of American


US SEC Approves Nasdaq Rule Amendments Requiring Disclosure of “Golden Leash” Arrangements
  • Mayer Brown LLP
  • USA
  • July 18 2016

Legal Update On July 1, 2016, the Securities and Exchange Commission (SEC) approved amendments to the listing rules of The Nasdaq Stock Market LLC


US Regulators Propose Joint Rule on Incentive-Based Compensation
  • Mayer Brown LLP
  • USA
  • July 15 2016

Legal Update The federal financial services regulatory agencies (FRB, FDIC, FHFA, NCUA, OCC and SEC) have proposed a joint rule (the “2016 Proposal”


Federal Circuit Emphasizes the Need to File a Pre-Award Protest When Faced with Patently Defective Solicitation Language
  • Mayer Brown LLP
  • USA
  • July 15 2016

The Federal Circuit recently issued a decision in Copenhagen Arctic AS v. United States that underscores the importance of promptly pursuing bid