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Results: 1-10 of 166

Court decisions extend Chicago’s transfer tax ordinance to cover mortgage assignment
  • Seyfarth Shaw LLP
  • USA
  • August 19 2015

Earlier this month, in a case of first impression, the Circuit Court of Cook County, Illinois in the consolidated cases of City of Chicago v. KTCP


How financial services employers can navigate the new white-collar overtime rules
  • Seyfarth Shaw LLP
  • USA
  • July 7 2015

The Department of Labor's proposed revisions to the Fair Labor Standards Act's overtime exemptions will impact the American workplace as much as any


OT rules out this week
  • Seyfarth Shaw LLP
  • USA
  • June 29 2015

According to Politico, the White House will begin to announce details of the long-anticipated revisions to the overtime regulations on Tuesday


Recent unanimous Supreme Court decision holds that underwater mortgages in a Chapter 7 cannot be “stripped off"
  • Seyfarth Shaw LLP
  • USA
  • June 15 2015

Debtors David Caulkett and Edelmiro Toledo-Cardona (“Debtors”) each filed for Chapter 7 bankruptcy relief with “underwater” junior mortgages held by


Consumer Financial Protection Bureau issues final arbitration report
  • Seyfarth Shaw LLP
  • USA
  • March 13 2015

One of the largest issues to loom over the class action battlefield in the past decade has been the use of arbitration clauses in consumer


Supreme Court holds that flip-flopping alone does not invalidate DOL’s guidance on exempt status of mortgage loan officers
  • Seyfarth Shaw LLP
  • USA
  • March 9 2015

On Monday, the Supreme Court issued its ruling in Perez v. Mortgage Bankers Association, examining the validity of the Department of Labor's 2010


California Court of Appeal undermines substantial compliance defense
  • Seyfarth Shaw LLP
  • USA
  • December 22 2014

The substantial compliance defense is often critical for companies doing business with consumers, as the class action bar frequently brings claims


Federal regulation of pay cards proposed by Consumer Financial Protection Bureau
  • Seyfarth Shaw LLP
  • USA
  • November 18 2014

On November 13, 2014, the Consumer Financial Protection Bureau (CFPB) proposed new federal consumer protections for prepaid financial products, which


Maryland effectively does away with IDOTs
  • Seyfarth Shaw LLP
  • USA
  • June 16 2014

In Maryland, IDOTs have been used historically to defer the payment of recordation taxes that otherwise would have been due and payable had a lender


Bankruptcy: assignment of voting rights
  • Seyfarth Shaw LLP
  • USA
  • June 16 2014

One of the more effective risk-mitigation legal tools used by senior real estate lenders is the single purpose entity borrower. Among other things