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More than a law firm, Venable LLP is a network of trusted advisors serving businesses, organizations, and individuals in many of the most important…
Venable LLP | USA | 27 Sep 2023
Changes to Maryland General Corporation Law and Maryland REIT Law Effective October 1, 2023
As we reported in May, the General Assembly of Maryland has enacted House Bill 209 (Chapter 560 of the Laws of Maryland 2023), amending several…
Venable LLP | USA | 26 Sep 2023
OIG Enhanced Review: OIG to Investigate the Life Cycle of Managed Care Contracts
In August 2023, the Office of Inspector General for the Department of Health and Human Services (OIG) announced a new strategic plan to investigate…
Venable LLP | USA | 25 Sep 2023
Looming U.S. Government Shutdown Expected to Disrupt Trade Activity
As members of Congress continue to negotiate government spending levels allotted for the next fiscal year, the United States is poised for its fourth…
Venable LLP | USA | 22 Sep 2023
CFPB Weighs in on Credit Denials by Lenders When Using AI and Complex Credit Models
The CFPB has issued a Circular addressing adverse action notification requirements and the proper use of the CFPB's sample forms provided in…
Venable LLP | USA | 22 Sep 2023
Fed Study Looks at Fintech-Issued Personal Loans and Role of Specialist Banks
A study in the Finance and Economics Discussion Series (FEDS) by the Federal Reserve Board on consumer lending found that financial technology…
Venable LLP | USA | 22 Sep 2023
Breaking Down the Proposed Rule to Bail In More Banks
As part of the continuing financial regulatory reform efforts following the 2023 bank failures, the FDIC, the OCC, and the Federal Reserve issued a…
Venable LLP | USA | 22 Sep 2023
Supreme Court of Maryland Overrules Prior Distinction Between Director’s Managerial and Non-Managerial Duties and Reaffirms That the MGCL Is the “Sole Source” of Director Duties to the Corporation and Its Stockholders
In one of the most significant Maryland corporate law cases in several years, involving an inter-generational family contest between (a) a 28%…
