Financial Services Blog
- Blog: Waller Law BlogOSHAs new mandatory COVID-19 guidance for healthcare employers and employeesPosted on June 10, 2021 by The new Emergency Temporary Standard that healthcare employers must implement and adhere to in light of COVID-19 is mandatory.
- Blog: Financial Services PerspectivesCFPB Auto Finance Consent Order: A Sign of Things to Come for Add-On Products?Posted on June 1, 2021 by Michael Gordon, Brian R. Epling, Christopher K. Friedman and Gabriella E. AlonsoOn May 21, 2021, the Consumer Financial Protection Bureau (CFPB) and 3rd Generation, Inc. d/b/a California Auto Finance entered into a Consent Order in which the CFPB alleged unfair acts or practices in connection with an auto finance add-on product. What was the add-on product? According to the Consent Order, 3rd Generation purchases and services...
- Blog: The Business Law BlogAmendments to the Business Corporations Act Permit Virtual Meetings in
British ColumbiaPosted on June 1, 2021 by Stuart D. Breen, Michael Li, Chat Ortved, Jagdeep S. Shergill, Jacqueline
WilmottVirtual shareholder meetings have become ubiquitous for both public and private companies since the onset of the COVID-19 pandemic. Canadian securities regulators, stock exchanges and federal and provincial governments quickly responded to accommodate electronic meetings where it was otherwise not permitted. In British Columbia, Ministerial Order No. M116 was ...
- Blog: NextGen Financial Services ReportWorkouts Never Go Out of Style: What To Expect in the CMBS Market During the Second Half of 2021, and BeyondPosted on May 12, 2021 by Edward S. Weil, Mark A. Silverman and Leia Scott2020 was a bad year… okay, it was a really, really bad year. CMBS borrowers, in particular, found themselves in default and often-times upside down on their CMBS loans. While 2021 has started to show signs of life, even showing a gentle decline in special servicing and delinquency rates, a closer look reveals that certain...Continue Reading…
- Blog: Antitrust UpdateFourth Circuit Door War Leaves Groundbreaking Divestiture Order IntactPosted on May 3, 2021 by Jeffrey Hughes, David KlebanThe Supreme Court is the only avenue left for JELD-WEN Inc. after the Fourth Circuit denied the door manufacturer’s motion for rehearing en banc of a panel’s decision in Steves & Sons, Inc. v. JELD-WEN, Inc., 988 F.3d 690 (4th Cir. 2021), to affirm an order directing JELD-WEN to sell a plant it acquired in [...]
- Blog: Banking Law UpdateFinancial Institutions . . . In the NewsPosted on December 8, 2020 by James I. CohenThe Consumer Financial Protection Bureau has Wall Street and banks concerned that stronger oversight will take place under President-elect Biden’s term as President. (PPH 12.8.2020) Beginning 2021, Machias Savings Bank will put their leadership restructuring plan into effect. (The County 12.3.2020) Regulatory approval of the Kennebec Savings Bank and Kennebec Federal Savings has been granted. [...]