There is a growing trend for people in their 40’s and 50’s to seek a pre-nup before they marry. Unlike the typical pre-nup for a first marriage, this
In an 8-1 decision on January 12, 2012, the U.S. Supreme Court upheld mandatory pre-dispute arbitration clauses in consumer credit card contracts covered by the Credit Repair Organizations Act, 15 U.S.C. 1679 et seq.
Since the entry into force of the Financial Collateral Act of 15 December 2004 (the "Collateral Act") implementing Directive 200247EC on financial collateral arrangements as regards linked systems and credit claims (the "Collateral Directive"), financial collateral arrangements have benefitted from increased flexibility and legal certainty in Belgium.
The Ontario Securities Commission recently released Staff Notice 15-704 requesting comments on proposed enforcement initiatives.
On September 7th, the Eleventh Circuit addressed the effect that an amended complaint has on the waiver of the right to compel arbitration, an issue of first impression within that circuit.
The United States District Court for the Eastern District of Pennsylvania, applying Pennsylvania law, has denied summary judgment for an insurer and granted summary judgment for an insured, holding that an exclusion for "liability assumed under contract" does not preclude coverage for an insured bank's alleged wrongful failure to extend credit to a customer.
The recent economic downturn in real estate development and construction has significantly and negatively impacted contractors, subcontractors, and material suppliers.
The Federal Reserve Board on Friday approved a rule amending Regulation Z (Truth in Lending Act) to clarify aspects of prior Board rules implementing the Credit Card Accountability Responsibility and Disclosure Act of 2009 (Credit Card Act).
With Governor Jerry Brown recently signing into law Senate Bill 2, which increases California’s Renewable Portfolio Standard to 33 percent by 2020, the push to develop and finance renewable energy projects in California is likely to gain further momentum
The recession has naturally led to more cautious lending and has seen a marked increase in the use and enforcement of personal guarantees from directors seeking loans to limited companies.