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Bradley Arant Boult Cummings LLP | USA | 13 Jul 2020
OCC, FDIC Issue Long-Awaited Valid-When-Made “Madden Fix”
Recently, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) issued final rules designed to…
Bradley Arant Boult Cummings LLP | USA | 9 Jul 2020
Allegations of Abusive Litigation Tactics Must Be Considered for Attorney Fees Award
When the Court of Appeals for the Federal Circuit reversed the lower court's award of attorney fees in Munchkin, Inc. v. Luv n' Care, Ltd. last month…
Bradley Arant Boult Cummings LLP | USA | 9 Jul 2020
New Mortgage Licensing Requirements Come to the West
During this pandemic, both Idaho and South Dakota have been busy adding new mortgage licensing requirements. As discussed below, these new licensing…
Bradley Arant Boult Cummings LLP | USA | 9 Jul 2020
CFPB Rescinds Small Dollar Rule Ability to Repay Provisions However Payment Provisions Remain
On July 7, 2020, the Consumer Financial Protection Bureau (CFPB) issued its final rule in regard to so-called small dollar loans. The biggest change…
Bradley Arant Boult Cummings LLP | USA | 9 Jul 2020
Hurricane Season: Why All Property Owners Should Consider Flood Insurance
June 1 marked the start of hurricane season, and according to the National Oceanic and Atmospheric Administration (NOAA), the Atlantic hurricane…
Bradley Arant Boult Cummings LLP | USA | 8 Jul 2020
If You Thought the TCPA Was on Its Way Out, Think Again: The Supreme Court Expands Its Prohibitions Instead
One of the most aggressive attacks on the Telephone Consumer Protection Act (TCPA) recently made its way to the United States Supreme Court in Barr v…
Bradley Arant Boult Cummings LLP | USA | 8 Jul 2020
There Is More to This than Meets the Eye: Why an Under-the-Radar DOL Wage and Hour Bulletin Is Good News for Employers
The U.S. Department of Labor issued a Field Assistance Bulletin on June 24, 2020, announcing that it will not routinely assess pre-litigation…
Bradley Arant Boult Cummings LLP | USA | 7 Jul 2020
Don’t Be Unreasonable: Equitable Adjustment Conditioned on Government Contractor’s Proof of Reasonable Interpretation of Contract
The U.S. Court of Appeals for the Federal Circuit, in U.S. Army Corps of Engineers v. John C. Grimberg Co., Inc., recently reversed an Armed Services…
Bradley Arant Boult Cummings LLP | USA | 7 Jul 2020
DOL Proposes Exemption for Providing Investment Advice to Participants
The Department of Labor (DOL) has issued a notice of a proposed class exemption from certain prohibited transaction restrictions under the Employee…
Bradley Arant Boult Cummings LLP | USA | 7 Jul 2020
If You Have to Layoff Employees, Don’t Forget WARN and OWBPA
In this unprecedented COVID-19 world, employers may need to consider layoffs, furloughs, or even closures to get through to the other side (whenever…
