Finance & Banking

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News & Analysis as of May 19, 2013

Summary Of HUD’s LEAN 232 Program E-Mail Blast: Office Of Residential Care Facilities (ORCF), April 29, 2013

by Christine Waldmann Carmody, Blair L. Schiff | Pepper Hamilton LLP on 5/10/2013

In an effort to summarize the highlights of the U.S. Department of Housing and Urban Development (HUD) LEAN E-mail Blasts that we receive, and rarely have time to review in a timely fashion, we at Pepper are providing this...more

Restrictions on the Sale or Transfer of Assets of Not-for-Profit Debtors

by Scott H. Bernstein, Clement Farley, Natalya Johnson | McCarter & English, LLP on 2/8/2013

Originally published in the New Jersey Law Journal - Vol. 211 - No 5 Monday, February 4, 2013. In 2012, a number of not-for-profit entities, including religious institutions, filed for bankruptcy relief in New Jersey....more

CFPB Issues Affinity Credit Card Report to Congress: How Nonprofits Can Minimize Their Legal and Tax Risk

by Audra J. Heagney, Jonathan L. Pompan, Jeffrey S. Tenenbaum | Venable LLP on 11/21/2012

Affinity credit cards continue to be significant revenue generators for colleges and universities (and their affiliated organizations), associations and many other types of nonprofit organizations. The federal Consumer...more

New Markets Tax Credit Eligibility Data Released

by Pierce Atwood LLP on 5/8/2012

The new markets tax credit program has helped to finance thousands of worthwhile projects in so-called “low-income communities” over the last eleven years. For the first time in a decade, which communities qualify as a...more

United States Eases Sanctions on Financing for Development Organizations in Burma

by Foley Hoag LLP - Corporate Social... on 4/18/2012

On April 17, the U.S. Treasury issued new General License No. 14-C, which relaxes sanctions on financial services with respect to certain humanitarian and not-for-profit activities in Burma. This License allows...more

Exploring Consumer Arbitration Provisions after CompuCredit v. Greenwood

by Venable LLP on 1/25/2012

In this presentation; - Introduction - How we got here… - Credit Repair Organizations Act - CompuCredit v. Greenwood and AT&T Mobility v. Concepcion - Looking to the Horizon – What’s next? -...more

HUD Issues SAFE Act Final Rule: Implications for Housing Counseling Agencies and Other Nonprofit Organizations

by Venable LLP on 8/3/2011

This article was originally published in the July 2011 edition of The Independent Counselor, enewsletter of the Association of Independent Consumer Credit Counseling Agencies (AICCCA). Housing counseling agencies and...more

Business News Digest - May 2011

by Venable LLP on 5/4/2011

Venable attorneys produce periodic alerts and newsletters covering a variety of topics and practice areas. For your convenience, we have assembled below a collection of the latest alerts and newsletters from April 2011. To...more