News & Analysis as of

New Legislation

Much Anticipated Community Bank Regulatory Reform Becomes Law

by Stinson Leonard Street on

On May 24, 2018, President Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) into law, clearing the last hurdle for an expansive roll-back of U.S. banking regulations....more

Rethinking BDC Leverage Post-Rating Agency Guidance

On March 23, 2018, President Trump signed the Consolidated Appropriations Act of 2018, which included the Small Business Credit Availability Act (the “SBCAA”). The SBCAA was, at the time, a material “win” for BDCs. Pursuant...more

Signing of the Economic Growth, Regulatory Relief and Consumer Protection Act

by Bracewell LLP on

On May 24, 2018, President Trump signed into law the Economic Growth, Regulatory Relief and Consumer Protection Act (the “Regulatory Relief Act”), the financial services regulatory reform bill that previously passed both the...more

The New UAE Arbitration Law: an incremental shift towards international norms

by White & Case LLP on

The UAE has taken a significant step towards making commercial arbitration a more appealing dispute resolution mechanism for companies conducting business in the UAE and the broader GCC region. The newly enacted Federal...more

President Trump Signs Regulatory Relief Bill into Law

by Polsinelli on

UPDATE: This article was updated on May 24, 2018 - On May 24, President Trump signed into law a banking deregulation bill (S.2155) that loosens rules and requirements imposed on lenders by the Dodd-Frank Act of 2010. ...more

Kentucky’s New Telehealth Law Expands Insurance Coverage and Reimbursement

by Foley & Lardner LLP on

Kentucky health care providers and patients will soon enjoy a revamped, and significantly improved, telehealth commercial insurance coverage law. Kentucky Governor Matt Bevin signed SB 112 into law on April 26, 2018, imposing...more

President Trump signs banking bill providing Dodd-Frank relief

by Ballard Spahr LLP on

Thursday afternoon, President Trump signed the Economic Growth, Regulatory Relief, and Consumer Protection Act (the Act) into law. The Act was passed by the House on Tuesday by a vote of 258 to 159 and by the Senate on March...more

Dodd-Frank Rollback Requires Changes to Regulation A+ and Rule 701

The Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155), which is primarily aimed at easing regulations on community banks, also contains provisions designed to facilitate capital formation. President...more

Part II: State Legislatures’ Initial Response to the Call to Action

by Fisher Phillips on

Following the Obama White House’s Call to Action in October 2016, state legislatures have been busy enacting restrictive covenant reform, particularly to non-compete laws. By our count, eight (8) states have enacted some type...more

Maryland Jumps on #MeToo Bandwagon With New Act Creating Significant Obligations for Employers

On May 15, 2018, Governor Hogan signed into law the “Disclosing Sexual Harassment in the Workplace Act of 2018” (the “Act”). The Act will go into effect on October 1, 2018, and contains two new obligations with which Maryland...more

Colorado Amends Provisions Related to Foreclosure Sales for Properties Encumbered by Deeds of Trust

by Weiner Brodsky Kider PC on

Colorado has enacted House Bill 1254, which modifies and clarifies aspects of the foreclosure process for properties that are encumbered by deeds of trust. Among other things, the bill does the following....more

Connecticut's New Pay Equity Bill Prohibits Questions Regarding Prospective Employees' Wage and Salary History

by Littler on

Connecticut Governor Dannel P. Malloy signed Public Act No. 18-8, “An Act Concerning Pay Equity,” into law on May 22, 2018, making Connecticut the sixth state to prohibit employers from asking applicants about salary history....more

One day before the entry into force of the GDPR, the French bill is adopted… but referred to the French Constitutional Council...

by Hogan Lovells on

The General Data Protection Regulation (GDPR) will enter into force on 25 May 2018. In light of the urgency to adapt Law no. 78-17 dated 6 January 1978 to the new European Union law, the French Government has initiated an...more

South Carolina Enacts Insurance Data Security Act

South Carolina Governor Henry McMaster signed the South Carolina Insurance Data Security Act into law on May 3, 2018....more

Connecticut Enacts Salary History Inquiry Law

Connecticut Governor Dannel Malloy has signed into law a bill that will restrict employers from inquiring about applicants’ salary history during the hiring process. The law will take effect on January 1, 2019....more

States Designate Opportunity Zones

by Pierce Atwood LLP on

The Tax Cuts and Jobs Act of 2017 created a new economic development program that encourages long-term investments in low-income areas, so-called “Opportunity Zones,” by offering tax deferral for capital gains reinvested in...more

Rhode (Island) Rage: New Paid Sick and Safe Rules May Frustrate Employers

by Littler on

On May 11, 2018, the Rhode Island Department of Labor and Training finalized regulations concerning the state’s mandatory paid sick and safe time law, the Healthy and Safe Families and Workplaces Act (HSFWA). The regulations...more

New York Response to #MeToo: New Laws Target Sexual Harassment

Sweeping new legislation in New York aims to prevent and shine light on sexual harassment. New York State employers will soon be prohibited from mandating arbitration of sexual harassment claims. They must also obtain...more

Game Changer: Oklahoma’s new insurance business transfer law could set precedent for other states

by Hogan Lovells on

On 7 May 2018, Oklahoma Governor Mary Fallin signed into law the Insurance Business Transfer Act that, effective 1 November 2018, will allow an insurer or reinsurer, through a court supervised process, to transfer a portfolio...more

Maryland enacts law establishing Student Loan Ombudsman and significantly amends other consumer financial services statutes

by Ballard Spahr LLP on

On May 15, Maryland Governor Larry Hogan signed into law a bill that, among other things, establishes the role of Student Loan Ombudsman within the Office of the Commissioner of Financial Regulation and sets forth various...more

Expanding Limits on Applicant Salary History Questions

Manufacturers in Alaska, Arizona, California, Connecticut, Hawaii and Vermont face new limits on the use of an employee’s salary history. ...more

Subcontractor Wages: Closing the Loopholes

by Snell & Wilmer on

This year California ushered in a new law effective January 1, 2018 for private works construction contracts, California’s Labor Code section 218.7. The law applies to all direct contractors who make or take the contract in...more

New Product Safety Requirements and Recall Procedures Adopted in Mexico: Time for Manufacturers to Update their Compliance...

by Foley & Lardner LLP on

The commercial and legal environment on product safety in vehicles, auto parts and other products has substantially changed in Mexico in 2018. Manufacturers carrying out business activities in Mexico should now be...more

Recent and Upcoming Changes to CEQA - BB&K Attorney Amanda Daams Discusses the California Environmental Quality Act in a...

by Best Best & Krieger LLP on

The California Environmental Quality Act (CEQA), codified at Public Resources Code section 21000 et seq., is arguably California’s preeminent and most comprehensive environmental law. Originally published in Riverside...more

Health Care : Helpful Hints – May 2018

by Burr & Forman on

OIG Issues New Advisory Opinion on May 7, 2018 - The Office of Inspector General (“OIG”) approved a proposed arrangement involving medical devices/supplies. OIG Advisory Opinion No. 18-02 concerns an arrangement where a...more

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