Bankruptcy
December 24, 2015

California’s New Uniform Voidable Transactions Act Effective January 1, 2016

Last July, California became the seventh state to enact the Uniform Voidable Transactions Act (‘UVTA”),…
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Banking
December 21, 2015

Finder’s Fees to Unregistered Individuals for Securities Offerings Soon Legal in California But Conflicts with SEC Policy Elsewhere

On January 1, 2016, a new California law that legalizes the payment of finder’s fees…
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Banking
December 17, 2015

CFPB to DC Circuit: $109M Fine Against PHH Corp. Justified to Deter Bad Behavior

In a response brief to the U.S. Court of Appeals for the District of Columbia,…
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BankingBankruptcy
December 14, 2015

U.S. Trustee Program Settles with Wells Fargo for Errors Affecting Homeowners in Bankruptcy

A $81.6 million settlement has been reached between the Department of Justice’s U.S. Trustee Program…
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Bankruptcy
December 10, 2015

Major Changes to Bankruptcy Forms Effective on December 1, 2015

The official forms for use in bankruptcy courts will be updated as of December 1,…
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Business Law
December 7, 2015

U.S. Supreme Court to Rule on California Arbitration Case

The U.S. Supreme Court has granted certiorari in a California arbitration case where the Ninth…
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Banking
December 3, 2015

CFPB Issues New Lender Guidance on Marketing Services Agreements

The Consumer Financial Protection Bureau (CFPB) has issued Compliance Bulletin 2015-05 that cautions mortgage lenders…
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Bankruptcy
November 30, 2015

Bankruptcy Appeals Court Rules Statute of Limitations for Intentional Fraudulent Transfers Starts When Transfer is Discovered, Not Recorded

The Bankruptcy Appellate Panel of the Ninth Circuit (“BAP”) recently published a decision determining that…
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Business Law
November 26, 2015

California Expands Data Breach Notification Requirements

California Gov. Jerry Brown has signed three bills into law that expand the requirements of…
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Business Law
November 23, 2015

California Federal Court Says Individual Directors Can be Held Liable for Whistleblower Retaliation

In a case of first impression, the U.S. District Court for the Northern District of…
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