Fraudulent Transfer or Voidable Transaction? A Look at Fraudulent Conveyance Regulations
State laws dealing with asset transfers concerning bankruptcy are getting a closer look because of a new version of the […]
Recent FinCEN Guidance Highlights Importance of Policies, Procedures, and Processes
Recently, FinCEN issued guidance regarding seven FAQs related to Suspicious Activity Reporting (SAR) filing requirements and “Keep Open” Requests, with […]
The Possible Long-Term Effects of COVID-19 on the CRE Loan Market
Low interest rates may not insulate the commercial real estate industry and its financial partners against the lasting challenges of […]
New Cybersecurity Rulemaking Proposed for Banking Industry
On January 12, 2021, financial regulators jointly published a new notice of proposed cybersecurity rulemaking for the banking industry. See […]
Bankruptcy Trends Pose a Challenge to Economic Recovery
The pandemic continues to complicate economic recovery in several industries as the “second wave” of bankruptcies hits Key takeaways: The […]
Corporate Governance 2021: Trends to Watch
Renewed crisis-management planning, DE&I initiatives, and other trends making a splash in corporate governance Key Takeaways: Overlapping crises in 2020 […]
The Anti-Money Laundering Act of 2020: New tools to combat financial crimes.
Since 1970, the Bank Secrecy Act has provided financial regulators with tools to combat money laundering and, for the last […]
OCC’s True Lender Rule Challenged in New Lawsuit
FinTech Litigation Update In January, seven states and the District of Columbia filed litigation in the Southern District of New […]
PPP Litigation Update: Eleventh Circuit Says No PPP Loans for Debtors in Bankruptcy
The Eleventh Circuit Court of Appeals recently joined the Fifth Circuit Court of Appeals in holding that the Small Business […]
Key Changes to the Paycheck Protection Program
At the end of December 2020, Congress passed a new COVID-19 relief package that included significant changes to the Paycheck […]