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12 May 2024, 9:01 pm by renholding
., “state-authorized or state-chartered financial institutions”[3]—which, based on a plain reading of the Financial Institutions Codes, include Florida state-chartered banks, trust companies and credit unions, as well as Florida state-licensed branches, agencies, administrative offices, and representative offices of non-U.S. banks;[4] consumer finance lenders licensed under Chapter 516 of the Florida Statutes; and money services businesses licensed under Chapter 560 of the… [read post]
10 May 2024, 5:10 am by Andrew Lavoott Bluestone
In Pliva, Inc. v Mensing (564 U.S. 604 [2011]), the Supreme Court found that these plaintiffs’ state-law claims against generic manufacturers were preempted by federal law under the Supremacy Clause to the extent that state-law failure-to-warn statutes required generic drugs to provide more stringent, safer warning labels. [read post]
8 May 2024, 9:01 pm by renholding
Secondary sanctions target transactions conducted by non-U.S. persons outside U.S. jurisdiction (and therefore not in violation of U.S. direct sanctions) by threatening that persons engaging in such transactions may themselves be placed on U.S. sanctions lists. [read post]