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7 Jun 2024, 6:00 am by Michelle
Part of the deal with the Illinois Retail Merchants Association in exchange for a cap on the credit retailers get for collecting and remitting sales taxes is a change to the so-called interchange fee, limiting the fees financial institutions can charge on the sales tax of transactions. [read post]
31 May 2024, 6:00 am by Michelle
Visa, Mastercard Reach $198 Million Deal in ATM Antitrust CaseBloomberg Law – May 29, 2024 (subscription may be required) Visa Inc. and Mastercard Inc. agreed to pay $197.5 million in a preliminary settlement with ATM customers who accused the card processors of fixing the price of fees at automated teller machines. [read post]
27 May 2024, 5:45 am by Norman L. Eisen
“[S]ince this story came out in 2018, became public, she’s made hundreds of thousands of dollars because of it. [read post]
21 May 2024, 9:01 pm by renholding
This should make the Final Rule less disruptive for managers of private funds such as private equity, credit, real estate and hedge funds than the 2016 rule, but there are certain important points for managers to focus on. [read post]
19 May 2024, 4:01 am by Administrator
This letter of credit was issued by the National Bank of Canada at the behest of its customer, Bombardier inc., in favour of a Greek bank, Eurobank Ergasias S.A. [read post]
15 May 2024, 1:46 pm by Christine Bontuyan
Please note, Waldrop and Colvin PLLC is not associated with any of the mentioned brands in this post. [read post]
10 May 2024, 6:00 am by Michelle
More companies are unbundling the cost of their goods and services, retail analysts say, tacking on 3% for swiping a credit card or adding a little extra for gas. [read post]
9 May 2024, 2:00 pm by Joanna Herzik
When they asked how the business owner got their name, the scammer said he “was referred by the Texas State Bar Association Lawyer Referral Services. [read post]
8 May 2024, 2:26 pm by Kevin LaCroix
  The behavioral economics field gives us principles that suggest the loss of social security benefits will yield strong emotional and/or litigious responses, with the potential for carry-over into the private pension sphere.[7]  To  summarize why this is likely to occur: (1) individuals—using the status quo as their reference point—tend to view change as either a gain or a loss from the status quo; (2) “[s]ince losses loom larger [people feel them more… [read post]
7 May 2024, 7:35 am by The White Law Group
(formerly Royal Alliance Associates), SagePoint Financial, Inc., and Woodbury Financial Services, failed to obtain verification by an independent public accountant of client funds and securities they had custody of due to agreements with a clearing firm. [read post]
4 May 2024, 8:31 pm by Cynthia Marcotte Stamer
It also took steps to remedy cybersecurity deficiencies by strengthening internal controls and procedures, adding more data-security resources and issuing a public notice regarding the scope of the potential exposure and offering free credit monitoring and identity protection services to those affected. [read post]
15 Apr 2024, 9:01 pm by renholding
One Tenth Circuit judge has already held that Fourth Corner Credit Union (Fourth Corner), which was legally eligible for a master account and proposed to provide payment services to marijuana businesses, was entitled to a master account as a matter of law. [read post]
15 Apr 2024, 6:00 pm by Josh Blackman
  And now, the Judicial Conference of the United States has decided to credit these political attacks. [read post]
15 Apr 2024, 3:00 am by Andrew Lavoott Bluestone
“Plaintiff 1650 Broadway Associates, Inc. is the owner of the iconic Stardust Diner, a family business originally owned by Irving Sturm and plaintiff Ellen Sturm, and then in part by their son, defendant Kenneth Sturm. [read post]
19 Mar 2024, 4:25 am by Cynthia Marcotte Stamer
Because AB 1228 did not increase the allowed tip credits for fast food employers, fast food employers still may only claim the tip credit amounts otherwise allowed by the statewide minimum wage. [read post]