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28 Oct 2017, 1:00 pm by The Public Employment Law Press
" The Joint Resolution, in effect, nullified a rule adopted by the Consumer Financial Protection Bureau prohibiting banks from mandating that consumers resolve disputes with the bank through arbitration.The Bureau's rule regulated the use of arbitration agreements in contracts for specific consumer financial products and services and prohibited "the use of a predispute arbitration agreement to prevent a consumer from filing or participating in… [read post]
27 Oct 2017, 8:00 am by Legal Beagle
NESG was heavily in debt to banks and to NERR whose directors had a major stake in NESG and were basically keeping New Earth Solutions afloat by providing a total of £39 million to that company. [read post]
27 Oct 2017, 2:16 am by CFM Admin
The People’s Bank of China (“PBoC”), China’s central bank and financial regulator, announced an immediate ban of ICOs within China. [read post]
26 Oct 2017, 4:52 am by INFORRM
But this approach was questioned in the case of AB Bank Ltd v Abu Dhabi Commercial Bank PJSC ([2017] 1 WLR 810). [read post]
26 Oct 2017, 3:52 am by Edith Roberts
”  We rely on our readers to send us links for our round-up. [read post]
25 Oct 2017, 5:24 pm by Jason Kilborn
On November 6, the Supreme Court will hear arguments in a case only a lawyer--and probably only a commercial or bankruptcy lawyer--could love, Merit Management Group v. [read post]
25 Oct 2017, 11:03 am by Jesse Tyner Moore
The Supreme Court has consistently held that such state measures are pre-empted by the Federal Arbitration Act, most recently in May’s 7-1 opinion Kindred Nursing Centers, LP v. [read post]
25 Oct 2017, 4:11 am by Edith Roberts
Bank National Association v. [read post]
24 Oct 2017, 9:30 pm by Dan Ernst
- Legal equality (e.g. the Second Hague Peace Conference)- Prohibition of the use of force to collect sovereign debt- Etc.6. [read post]
24 Oct 2017, 8:25 am by John Palley
Interestingly the probate code says the court “must” give us a court date within 30 days of filing. [read post]
24 Oct 2017, 3:53 am by Edith Roberts
Arab Bank, in which the justices will decide whether corporations are liable under the Alien Tort Statute. [read post]
23 Oct 2017, 4:22 pm by Kevin LaCroix
”[19] In early 2017, the New York State Department of Financial Services (“NYDFS”) enacted game-changing regulations which establish new standards for corporate cybersecurity practices.[20] The rules, which went into effect on March 1, 2017, apply to any person operating under or required to operate under a license, registration, charter, certificate, permit, accreditation or similar authorization under the Banking Law, the Insurance Law or the Financial Services… [read post]
23 Oct 2017, 4:22 pm by Kevin LaCroix
”[19] In early 2017, the New York State Department of Financial Services (“NYDFS”) enacted game-changing regulations which establish new standards for corporate cybersecurity practices.[20] The rules, which went into effect on March 1, 2017, apply to any person operating under or required to operate under a license, registration, charter, certificate, permit, accreditation or similar authorization under the Banking Law, the Insurance Law or the Financial Services… [read post]