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New Jersey Law Journal

NJ Enacts Law Requiring Notices of Flood-Prone Areas in Real Estate Transactions

On July 3, 2023, the New Jersey Legislature enacted a statute requiring sellers and landlords of commercial and residential property to provide notices of flood-prone areas to purchasers and tenants before the transaction becomes binding.
8 minute read

Corporate Counsel

OpenAI Probe Sends Powerful Reminder to AI Players That Regulatory Land Mines Are Everywhere

"Don't exaggerate what your AI can do. And what the FTC means by this is that your performance claims have to have scientific support behind them," artificial intelligence expert Cara Hughes said at a webinar Thursday on the regulatory risks around AI.
6 minute read

National Law Journal

FTC Chair Khan Defends Actions Before Critical GOP-Led House Committee

Khan says the agency is "fighting every day to protect the American people from unlawful business practices."
4 minute read

The Legal Intelligencer

3rd Circuit Clarifies Federal Jurisdiction Over Magnuson-Moss Warranty Class Actions

The U.S. Court of Appeals for the Third Circuit has clarified that neither the Class Action Fairness Act (CAFA) nor traditional diversity requirements can serve as a basis for federal jurisdiction over Magnuson-Moss Warranty Act (MMWA) class actions.
8 minute read

Corporate Counsel

Regulators Swarm Around Payment Apps, Raising Fears of Enforcement Spree

Among the concerns highlighted by the Consumer Financial Protection Bureau is that consumers may not understand that most accounts are not covered by deposit insurance.
6 minute read

New Jersey Law Journal

Seller Beware: Why 'Robey v. Sparc' Represents a Liability Threat to Retailers

'Robey' represents a significant departure from a trend of ever-stricter interpretation of the ascertainable loss requirement that developed in the 2000s and that has largely remained unchallenged since.
8 minute read

Daily Business Review

Wave of Lawsuits Seek to Hold Software Company Responsible for Rising Rents

"The share of apartments being priced using revenue management software is as high as 79%," Florida attorney Michael Criden said.
5 minute read

Corporate Counsel

Amazon's FTC Hirings Add Intrigue as Regulatory Tensions Soar

By hiring FTC staffers, Amazon "will get useful information about processes and personalities at the FTC," said John Lopatka, a Penn State law professor. "It's not crossing any ethical boundary to say, 'This case is spearheaded by Jane Doe,' for example, 'and I think she would listen to these kinds of arguments.'"
5 minute read

National Law Journal

FTC Suit Leads to Lifetime Ban for Operators of Alleged Telemarketing Scam

Court order memorializing settlement reduces $6.5 million judgment to $500,000.
2 minute read

Law.com

CarMax, Maryland AG's Office Reach Agreement Over Claims of Failure to Notify Customers of Open Recalls on Vehicles

"Consumers have the right to know if and when they are purchasing vehicles with open recall that could put them and others on the road at risk," said Maryland Attorney General Anthony G. Brown.
3 minute read

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