California’s New Lending Regulations: Balancing Business Protection with Loan Availability

In recent years, California has been taking measures to ensure transparency and fairness in their lending industry, specifically in relation to small businesses, nonprofits and family farms. Governor Newsom signed AB 1864 into law three years ago, giving the Department of Financial Protection & Innovation (DFPI) the authority to define what counts as unfair, deceptive,…

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Swarovski Appoints Stephan Mechnig as Chief Legal and Compliance Officer Amid Structural Shift

Popular Austrian crystal and jewelry firm, Swarovski, announced Stephan Mechnig as its new Chief Legal and Compliance Officer effective from October 1st. This appointment follows the company’s recent shift from a family-managed to a family-owned business. This transition was marked last year, when former McKinsey & Co. executive Alexis Nasard was picked out as the…

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Pregnant Workers Fairness Act Bolsters Protections and Accommodations in the Workplace

Expecting mothers in the workforce may anticipate smoother sailing ahead as the Pregnant Workers Fairness Act (PWFA) comes into operation. The PWFA is set to provide substantial protections to employees and applicants who experience known limitations related to pregnancy, childbirth, or related medical conditions. Crucially, employers are now mandated to provide reasonable accommodations, unless such…

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Navigating Employment Liabilities in Mergers and Restructuring: The Critical Role of Employee Handbook Compliance

In a volatile economy, corporate restructures, mergers, and acquisitions are increasingly common occurrences. As this tendency rises, a range of employment-related matters comes into sharp focus and warrants thorough examination prior to a business transaction. Principally, these considerations revolve around the target company’s obligations and liabilities tied to employment, which, given the transaction’s structure, may…

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EPA’s Uncertainty on PFOA and PFOS Hazard Designation Raises Concerns for Legal Professionals

One of the most recent developments within the Environmental Protection Agency (EPA), and a matter of significant interest to legal professionals, involves the careful choice of language by the EPA’s Assistant Administrator, Uhlmann. Specifically, Uhlmann employed the word “if” in the context of the potential designation of PFOA and PFOS as hazardous substances. This tenderly…

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Evaluating the Validity of Take-Home COVID-19 Claims in Maryland and Washington D.C.

The COVID-19 pandemic’s devastating impact has led to a wave of personal injury claims from families of those severely affected by the disease. These claims, particularly cases involving employees supposedly acquiring COVID while on the job, are often brought before state courts. However, according to Goodell, DeVries, Leech & Dann, LLP, these claims may not…

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HUD Revisions to Single Family Housing Policy Handbook: Impact on Legal Processes and Corporate Compliance

The U.S. Department of Housing and Urban Development (HUD) recently published numerous revisions to its Single Family Housing Policy Handbook 4000.1, often referred to as the Handbook. Some key amendments have been flagged that might impact legal processes and professionals within the biggest corporations and law firms. The revisions include notably the removal of exemptions…

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White House Introduces SAVE Plan: A Potential Game Changer for Student Loans and Consumer Debt

In a recent turn of events, the White House announced the introduction of the SAVE Plan on August 22. As reported by JDSupra recently, this initiative represents an income-driven repayment plan designed to calculate payment requisites predicated on a borrower’s income and family size rather than the remaining balance of the loan. The proposal brings…

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Nintendo Founder’s Family Office Launches $654M Takeover Bid for Toyo Construction

Legal heavyweights White & Case and Nishimura & Asahi have been serving as counsel in a significant transaction in the corporate world – the unsolicited takeover bid for Tokyo-listed marine construction firm, Toyo Construction, by investment company Yamauchu-No.10 Family Office. One of the largest investment firms in Japan, Yamauchu-No.10 manages approximately $1.5 billion in assets…

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Judge Rejects Opt-Out Request for LGBTQ+ Education in Maryland Schools: Families’ First and Fourteenth Amendment Claims Dismissed

A Maryland federal judge denied on Thursday a request from parents to ‘opt-out’ their children from LGBTQ+ history and topics education. The case, Mahmoud v. McKnight, involved three families with elementary-aged children who objected on religious grounds to the use of storybooks featuring LGBTQ+ characters in the Montgomery County Public School (MCPS) system. The lawsuit…

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