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15 Jan 2023, 6:33 pm
Pix Credit HEREThe state of the economic stability in Cuba has been very much in the news since the effects of the COVID pandemic, combined with geopolitical challenges, have pushed the Cuban economy to a crisis that comes close to matching that when its subsidies disappeared with the collapse of the Soviet Union. [read post]
13 Jan 2023, 7:26 am
Hyland, raising similar issues in the context of a cy pres settlement for student-loan borrowers. [read post]
11 Jan 2023, 11:33 am
Additionally, it is salient that MOHELA alone is responsible for any judgment against it, and that it alone is the direct beneficiary of any judgment f [read post]
29 Dec 2022, 9:05 pm
MAY The Supreme Court held that the city of Boston’s refusal to fly a religious group’s flag outside its city hall violated the group’s freedom of speech. [read post]
27 Dec 2022, 9:42 pm
The only means left to mitigate the crisis, the States suggest, is an order from this Court directing the federal government to continue its COVID-era Title 42 policies as long as possible… Today, the Court supplies just such an order. [read post]
25 Dec 2022, 2:14 am
This is a patent case — “the invention in controversy [being] a system of electrical distribution, whereby a direct current consumption circuit may be supplied from an alternating source. [read post]
21 Dec 2022, 6:48 am
This includes Small Business Administration (SBA) loans and unemployment insurance money in multiple states, according to a national news story that identifies the perpetrators as a APT41, a hacking group based in Chengdu. [read post]
19 Dec 2022, 7:30 am
This does represent another step in the direction of concrete action, even though all matters of implementation and funding were deferred to future negotiations. [read post]
19 Dec 2022, 3:30 am
If that policy impedes employees from discussing working conditions with one another (ostensibly to improve them), and you use that policy as the basis for terminating a group of employees who gripe about their manager, you may have violated the Act. [read post]
15 Dec 2022, 8:00 am
December 2022 Clients, Friends, Associates: As we near the end of 2022, we have highlighted some recent industry updates that we believe may impact our clients. [read post]
15 Dec 2022, 4:00 am
December 2022 Clients, Friends, Associates: As we near the end of 2022, we have highlighted some recent industry updates that we believe may impact our clients. [read post]
13 Dec 2022, 1:56 pm
The wording varied from year to year, but the letters generally advised students to avoid taking out loans until they had applied to all of the available “free” financial aid programs. [read post]
9 Dec 2022, 7:04 am
Update 12/9/22: We received a report of more scams. [read post]
5 Dec 2022, 11:03 am
Subject to certain exceptions Interest expense does not exceed the interest income derived by the company that pays Net interest expense up to €500,000 fully deductible Company equity/assets ratio is equal to or greater than the group ratio Net interest expenses between non-related parties limited to €3 million France Interest deductions limited to the higher of €3 million or 30% of EBITDA Different limits apply to related-party debt, and banking & credit… [read post]
5 Dec 2022, 12:49 am
The Hustler Fund is a $410 million loan project designed to lift Kenyans out of poverty by offering loans without interest. [read post]
2 Dec 2022, 11:53 am
Update 12/2/22: We received a report of another scam. [read post]
CFPB and FTC file amicus brief regarding servicemembers’ right to sue under the Military Lending Act
30 Nov 2022, 8:31 am
” These protections include a maximum Military Annual Percentage Rate (“MAPR”) of 36%, a prohibition against requiring arbitration, and mandatory loan disclosures. 10 U.S.C. [read post]
29 Nov 2022, 6:45 am
Collectively, these statutes invoke restrictions on foreign assistance from the United States, including requiring the United States to vote down loans from multilateral organizations where the United States holds membership—de facto stopping those loans due to U.S. voting power, as well as a ban on U.S. defense exports and sales and export controls over dual-use items. [read post]
23 Nov 2022, 5:04 pm
These requirements are a central element of the business and human rights project that crystalized after 2011 in the United Nations Guiding Principles for Business and Human Rights and are now being weaponized in the development of relationships between the US and China.Require Human Rights Due Diligence from the World Bank Congress should direct the Secretary of the Treasury to instruct the executive directors of relevant International FinancialInstitutions (IFIs) to determine… [read post]
22 Nov 2022, 11:01 am
That Order directed the Secretary of the Treasury to issue a report assessing how the entry of large technology firms and other non-banks into consumer finance markets has affected competition. [read post]
