November 17, 2023 By: Michael Flynn In an effort to promote “open banking” and reduce “sticky banking”, make it easier for consumers to compare their current financial institution to competitors, and to generally increase competition among financial institutions, on October 19, 2023, the CFPB proposed a new Personal Financial Data Rights Rule, which, if it becomes final, will likely take effect early in 2024. Essentially, the proposed rule would require covered financial institutions to share their financial data about consumer accounts with the consumers and with competitor institutions if requested by the customer, without charging a fee...
Buchalter is a full-service business law firm that has been teaming with clients for eight decades, providing legal counsel at all stages of their growth and evolution, and helping them meet the many legal challenges and decisions they face. Our clients are engaged in a diverse global economy governed by complex laws and regulations, and they trust us as advisers and business partners because we are involved in their world. They rely on our forward-thinking to help them resolve problems before they arise.
At Buchalter, we practice in that spirit.
Our founding principle-providing our clients with the best business solutions-continues to lead us. We value each client relationship, recognizing that their success is our success. Our overarching goal-getting the best results for the client in a timely manner with sensitivity to cost-has engendered client loyalty, and the firm has grown from that loyalty.
Our lawyers are accessible, resourceful, skillful and adept at responding to change. Our technological capabilities keep case law and rule changes at our fingertips and client communications current, enabling us to create efficient, superior outcomes.
We strongly believe that technology is a tool that furthers the practice of law and have used that belief to develop a cutting edge platform for our firm. We use a meshed (NVPN) network to facilitate work among offices, Cisco VoIP telephony and Video-over-IP conferencing. Sharing documents is seamless through FileSite, which is also utilized to create our Client Extranets. To support our litigation matters, we use Concordance and Opticon, as well as LiveNote and Sanction. Unlike many firms, we have the capacity to process e-Discovery in-house, reducing client costs.
Buchalter lawyers are also active members of the communities in which they live and work. Leadership is a value the founding partners practiced and passed on to the current generation of attorneys. Our lawyers sit on the boards of prominent organizations, teach and lecture frequently. We actively participate in many associations and groups including the Public Law Center, San Francisco Legal Aid Society, Practicing Law Institute, California State Bar Association, the Los Angeles County Bar Association and the LACBA Domestic Violence Project, the Sojourner Center, the Boys and Girls Club of Greater Phoenix and many others.
Buchalter is consistently ranked among the leading law firms by Chambers and Partners, Best Lawyers, The Daily Journal and the Los Angeles Business Journal. It is also ranked among the leading firms nationally by American Legal Media and the National Law Journal.
Buchalter's commitment to reflecting and enhancing the rich diversity of the clients and communities in which we practice is more than eight decades strong. The firm's diversity of attorneys and staff provides clients with a greater array of creative talent and alternative thinking, benefiting all.
Areas of Practice
By: Anne Marie Ellis, John Epperson and Peter McGaw OEHHA is proposing a significant change to the Proposition 65 “short-form warning” to require that this warning identify a specific Proposition 65 (“Prop. 65”) chemical. Currently, the short-form warning requires identification of a toxicological endpoint (i.e. cancer or reproductive harm) but not the chemical that has triggered the warning requirement. The amendments also introduce new passenger or off-highway motor vehicle and marine vessel parts tailored warnings, which should streamline compliance for these industries...
A Buchalter team led by Shareholders Jeremy Weitz and Tanya Viner advised Sauce Ventures, LLC (dba TRUFF) in its investment by SKKY Partners, a private equity fund co-founded by Kim Kardashian and Jay Sammons. TRUFF is a premium condiments line of truffle infused products. This is SKYY’s first investment. The Buchalter team was assisted by Senior Counsels Jerry Janoff and Jessie Reider Cristo, Attorney Dalton Thacker, and Shareholder Joshua Mizrahi. For more information, see here, here, and here...
Neora Triumphs over FTC in Landmark Case November 2023 Larry Steinberg, chair of the firm’s Multilevel Marketing Group, was featured in the November 2023 issue of Social Selling News, a leading trade publication for the direct selling industry. Larry commented on the significance of the recent decision against the Federal Trade Commission and in favor of multilevel marketing company Neora. In its decision after trial, the court affirmed the legality of Neora’s business opportunity and rejected the FTC’s contention that Neora is an illegal pyramid scheme. In the article, Larry notes that, “Though there is much in this decision to celebrate, this is not time to spike the football...