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New York Law Journal

Pauley Slims Down Commerzbank RMBS Trustee Suit Against BoA, US Bank

U.S. District Judge William Pauley III of the Southern District of New York winnowed down claims Wednesday against U.S. Bank and Bank of America in…
11 minute read

National Law Journal

False Claims Act Cases Are Piled Up at SCOTUS: What to Watch

Legal fees, pleading requirements and disputes over timing—the False Claims Act is providing the U.S. Supreme Court with myriad issues as companies and whistleblowers pitch the justices on cases to take for the new term. Time will tell if the justices are willing to bite. Here's a snapshot of several pending petitions.
5 minute read

New York Law Journal

Pauley Slims Down Commerzbank RMBS Trustee Suit Against BoA, US Bank

U.S. District Judge William Pauley III of the Southern District of New York winnowed down claims Wednesday against U.S. Bank and Bank of America in a housing crisis legacy suit brought by the German bank Commerzbank.
3 minute read

Delaware Business Court Insider

When It Comes to Anti-Money Laundering, Challenges Abound for Compliance Pros

A number of the respondents to a recent AML survey didn't even know if they had experienced a regulatory action at their company in this space. That seems to point to trouble.
3 minute read

Corporate Counsel

When It Comes to Anti-Money Laundering, Challenges Abound for Compliance Pros

A number of the respondents to a recent AML survey didn't even know if they had experienced a regulatory action at their company in this space. That seems to point to trouble.
3 minute read

New York Law Journal

DFS to Court: OCC Fintech Charter 'Undermines' Its Authority

The state Department of Financial Services, answering the federal government's motion to dismiss, argues that it has standing to sue the Office of the Comptroller of the Currency over its proposal to regulate fintech companies with a special-purpose bank charter, calling it an "unabashed power grab."
4 minute read

New York Law Journal

Germany Tightens Rules on Foreign Investments. What Are the Implications?

Anahita Thoms writes that on July 12, Germany tightened its control over acquisitions of domestic companies by foreign investors by introducing amendments to the Foreign Trade and Payments Ordinance. As a result the German Federal Ministry for Economic Affairs and Energy can now block certain acquisitions more easily based on security reasons, which aligns Germany more closely to the regime in the United States.
6 minute read

New York Law Journal

DFS Approves Banking Development District in Oneida County

The New York Dept. of Financial Services announced that it has approved a new banking development district in Oneida County to expand banking in the low income community.
2 minute read

Daily Business Review

Greenberg Traurig Team Races Against Irma to Close $475M Offering

Attorneys were on a tight timetable on a stock offering with the hurricane approaching Florida, and they made backup arrangements to keep the transaction on track.
4 minute read

Connecticut Law Tribune

State-Subsidized Segregation in Connecticut

Although our governments no longer demand segregation, housing assistance continues to confine low-income people of color to the low opportunity areas of Connecticut.
4 minute read

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