We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 93

Class action round-up - spring 2015
  • Alston & Bird LLP
  • USA
  • June 9 2015

On April 27, 2015, the U.S. Supreme Court granted certiorari in Spokeo, Inc. v. Robinssetting the stage for an important decision on whether a


New Verus unclaimed property audit initiative branches out
  • Alston & Bird LLP
  • USA
  • October 9 2012

We have learned that Verus Financial, LLC (“Verus”), the contract audit firm recently known for conducting multistate unclaimed property examinations of the insurance industry, has begun to focus its audit activity on companies in the securitiesfinancial products and services arena


Class action round-up - spring 2014
  • Alston & Bird LLP
  • USA
  • May 22 2014

In a mortgage-related row, the Ninth Circuit reversed the Central District of California’s grant of summary judgment in favor of several bank


CFPB moves quickly to launch nonbank supervision program
  • Alston & Bird LLP
  • USA
  • January 12 2012

Despite Republican efforts to prevent such a move, on January 4, 2012, President Obama used a recess appointment to install Richard Cordray as the director of the Consumer Financial Protection Bureau (“Bureau”


AIG announces intention to sell part of its stake in Transatlantic Holdings
  • Alston & Bird LLP
  • USA
  • May 29 2009

Yesterday, American International Group, Inc. (AIG) announced its intentions to sell a portion of its 59 stake in Transatlantic Holdings Inc. (TRH), a reinsurer that is publicly traded on the New York Stock Exchange, in an underwritten secondary offering intended to raise capital for AIG


Senator Reid files for a cloture vote on financial regulatory reform bill as President addresses Wall Street
  • Alston & Bird LLP
  • USA
  • April 23 2010

Following a stinging letter sent on Tuesday by Senate Majority Leader Harry Reid (D-NV) and Senate Banking Committee Chairman Christopher Dodd (D-CT) claiming that "Senate Republican leadership seems more interested in mischaracterizing the legislation and protecting Wall Street," Senator Reid yesterday filed for a cloture vote late Monday afternoon on the financial regulatory reform bill, the "Restoring American Financial Stability Act."


Republicans circulate substitute summary of Financial Regulatory Reform Bill; cloture motion on Senate bill fails for third time
  • Alston & Bird LLP
  • USA
  • April 28 2010

Yesterday, Senate Republicans circulated a brief summary of the Financial Regulatory Improvement and Taxpayer Protection Act, a Republican substitute to the Restoring American Financial Stability Act of 2010 (S.3217) previously passed by the Senate Banking Committee along party lines, and which has failed to reach the Senate floor for debate following three failed cloture motions by Senate Majority Leader Harry Reid (D-NV), including today's 56-42 rejection of the motion


House Republican Leader Boehner requests live coverage of Financial Regulatory Reform Conference
  • Alston & Bird LLP
  • USA
  • May 23 2010

Following Senate approval of the Restoring American Financial Stability Act of 2010 this past Thursday, House Republican Leader John Boehner (R-OH) sent a letter to Speaker of the House Nancy Pelosi (D-CA) stressing the importance of an "open and fully bipartisan conference committee" to resolve differences between the Senate and House bills


Senate adopts two motions to instruct conferees
  • Alston & Bird LLP
  • USA
  • May 25 2010

Yesterday, four days after passing the Wall Street Reform and Consumer Protection Act of 2010, the Senate adopted two motions to instruct Senate conferees


Federal Reserve delivers 2009 annual report
  • Alston & Bird LLP
  • USA
  • May 26 2010

On Monday, the Federal Reserve delivered its 2009 annual report of the Board of Governors to the Speaker of the House of Representatives