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Dodd-Frank And Asset-Backed Securities: Implementation Of Section 943 (Rep, Warranty And Repurchase Disclosure)
On January 20, 2011, pursuant to Section 943 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the U.S. Securities and Exchange Commission (the "SEC") promulgated its final rules (the "Final Rules") regulating disclosure with respect to repurchase demands and the use of...
Read MoreDodd-Frank And Asset-Backed Securities: Implementation Of Section 945 (Due Diligence)
On January 20, 2011, pursuant to Section 945 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the U.S. Securities and Exchange Commission (the "SEC") released Rule 193 (the "Final Rule") that substantially revises the due diligence required by issuers of publicly registered asset-...
Read MoreThe Tax Relief Act Of 2010: Key Business And Individual Income Tax Provisions And Incentives
On December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the "Act"). This article briefly summarizes some of the key federal income tax provisions of the Act affecting individuals and businesses. The Act generally...
Read MoreStengart Strikes Again: Liability Under New Jersey's Law Against Discrimination May Extend To High-Level Executives, Officers And Parent Companies
After the New Jersey Supreme Court issued an important ruling on workplace privacy in Stengart v. Loving Care Agency, Inc. in March 2010,1 it is no surprise that this high-profile litigation has generated another important decision for employers. On November 4, 2010, Judge Estela De La Cruz of...
Read MoreThe Year's Worst Insurance Coverage Decision: Second Circuit Denies Coverage Because Of Late Notice
In Quanta Specialty Lines Insurance Co. v. Investors Capital Corp. , No. 10-0219-cv, 2010 WL 4608763 (2d Cir. Nov. 16, 2010), the Second Circuit affirmed a troubling decision of the United States District Court for the Southern District of New York, No. 06 Civ. 4624 (PKL), 2009 WL 4884096 (S.D.N....
Read MoreThe Long Reach Of The New Jersey Consumer Fraud Act And Similar State Legislation
Editor: Please remind our readers of your practice area and background. Rooney: I am a litigator, concentrating on defending corporate clients sued in class actions, often involving consumer protection laws such as the New Jersey Consumer Fraud Act (NJCFA). I chair the Consumer Fraud Litigation...
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