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Court opinions, regulatory guidance, and enforcement actions. AI-summarized.
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SEC, OCC, FDIC, Fed, FINRA, CFPB, FASB, and state banking regulators. One feed.
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Cybersecurity
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Healthcare Compliance
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Trade & Procurement
Recent changes
California AG Warns of Scams on Slam the Scam Day
California Attorney General Rob Bonta issued a consumer alert warning Californians about Social Security and government imposter scams on the Seventh Annual Slam the Scam Day. The alert highlights the increasing financial losses to scams reported by the FTC and provides tips for consumers to protect themselves.
Natchez Trace Property Owners Association v. Branighans - Court Opinion
The Louisiana Court of Appeal dismissed a writ in the case of Natchez Trace Property Owners Association, Inc. v. Michael R. Branighan and Michelle T. Branighan. The dismissal was based on counsel's advice that the case had been settled and resolved.
Kellogg v. Nichols - Judicial Immunity and Firearms Licensing
The Second Circuit Court of Appeals amended its opinion in Kellogg v. Nichols, affirming that state court judges have absolute judicial immunity for decisions on firearms license applications. The court also held that federal courts lack jurisdiction under Article III for such claims against judges in their official capacities.
Connecticut Fair Housing Center v. CoreLogic Rental Property Solutions - Fair Housing Act
The Second Circuit Court of Appeals vacated in part, affirmed in part, and reversed in part a district court decision concerning alleged violations of the Fair Housing Act and Fair Credit Reporting Act by CoreLogic Rental Property Solutions. The court found the Connecticut Fair Housing Center lacked standing and that CoreLogic did not cause housing denials based on criminal history, thus failing the disparate impact claim.
Safdieh v. Commissioner - Tax Court Summary Judgment Granted
The Second Circuit Court of Appeals vacated a Tax Court order that granted summary judgment to Joseph Safdieh. The court held that the Commissioner of Internal Revenue may assess penalties under I.R.C. ยง 6038(b) for failing to report control of a foreign business, reversing the Tax Court's ruling that required the Commissioner to seek penalties in federal district court.
United States v. Jimenez - Appeal of Sentencing Conditions
The Second Circuit Court of Appeals affirmed a district court's sentencing decision for William Jimenez, who pleaded guilty to possessing ammunition after a felony conviction. The court upheld the imposition of special conditions of supervised release, including searches of electronic devices and mandatory mental health counseling.
SBK ART LLC v. Akin Gump Strauss Hauer & Feld LLP - Discovery for Foreign Litigation
The Second Circuit affirmed a district court's order granting SBK ART LLC's petition for discovery in aid of foreign litigation under 28 U.S.C. ยง1782. The court disagreed with Akin Gump Strauss Hauer & Feld LLP's argument that discovery should be denied if not discoverable from the foreign client abroad.
Mar-Can Transport v. Local 854 Pension Fund - ERISA Withdrawal Liability
The Second Circuit affirmed a district court's decision in Mar-Can Transport Co. v. Local 854 Pension Fund, reducing Mar-Can's ERISA withdrawal liability by $1.8 million. The court interpreted a key provision of ERISA concerning the transfer of unfunded vested benefits when an employer switches pension plans due to union representation changes.
McGucken v. Shutterstock, Inc. - Copyright Infringement Appeal
The Second Circuit Court of Appeals partially affirmed and partially vacated a lower court's decision in McGucken v. Shutterstock, Inc. The court affirmed the dismissal of the false copyright management information claim but vacated the dismissal of copyright infringement claims, remanding for further proceedings on specific factual issues.
Second Circuit Rules on Mt. Hawley Insurance Appeal
The Second Circuit Court of Appeals affirmed a district court's decision, holding that Mt. Hawley Insurance Company must provide additional insured coverage to Reidy Contracting Group, LLC. The court found Reidy to be an additional insured and that the Employers Liability Exclusion did not bar coverage.
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