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The 2021 New York State Labor Power 100: 51-100

Juansilvaphoto.com As it became clear that many workplaces – essential and less so – would remain open throughout the COVID-19 pandemic, ALIGN became a key player in a coalition of 70 unions, workers’ centers and nonprofits that have pushed the NY HERO Act. The bill sets enforceable workplace standards for testing, PPE, social distancing, hygiene and more. Maritza Silva-Farrell has led ALIGN, an alliance of labor and community organizations, since 2016. 52. Charlene Obernauer Executive Di...
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New Developments under the Holder Rule Increase Risk to Creditors | Stroock & Stroock & Lavan LLP

To embed, copy and paste the code into your website or blog: In our February 16, 2021, Client Alert (“Holders Beware”), we noted recent California caselaw expanding consumer plaintiffs’ rights to seek attorneys’ fees and court costs from creditors pursuant to the Federal Trade Commission’s “Holder Rule,” 16 C.F.R. § 433.2.  Since then, the California Supreme Court has agreed to consider the fee and cost issue.  Additionally, the FTC recently issued new guidance rejecting transa...
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Equity Commonwealth to acquire Monmouth Real Estate for $1.91 billion in stock

By Reuters Staff 2 Min Read (Reuters) - Equity Commonwealth, a U.S. real estate investment trust, will acquire rival Monmouth Real Estate Investment Corp for $1.91 billion in stock, the companies said late Tuesday. Monmouth shareholders will receive 0.67 shares of Equity Commonwealth for each share they own, representing a premium of 6.3%, or about $19.40 per target company’s share based on Equity Commonwealth’s Monday close. “The transaction provides Equity Commonwealth with a high-quali...
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New York Decouples from Federal Opportunity Zone Tax Regime | Stroock & Stroock & Lavan LLP

New York State recently enacted its 2021-2022 Budget (the “Budget Bill”) 1, which contains numerous provisions designed to increase the taxation of high-income individuals and corporations.  Among these provisions, the law takes aim to limit the tax benefits available to investors under the federal Qualified Opportunity Zones (“QOZs”) program which was adopted as part of the Tax Cuts and Jobs Act of 2017. A QOZ is a designated economically distressed community where new investments, un...
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Exclusive: Fearing foreclosure crisis, U.S. watchdog cracks down on mortgage servicers

By Koh Gui Qing, Katanga Johnson and Chris Prentice NEW YORK/WASHINGTON (Reuters) - The U.S. consumer watchdog is scrutinizing mortgage servicers compliance with pandemic relief programs amid concerns struggling homeowners are not getting the help they need to avoid foreclosures, or are being discriminated against, said a dozen people with knowledge of the regulatory effort. The Consumer Financial Protection Bureau (CFPB) crackdown by its policy, supervision and enforcement divisions could ...
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Source: wtbx.com

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Biden's agencies take speedy legal route to reverse Trump's Wall Street-friendly rules

Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer U.S. President Joe Biden’s interim regulators are wasting no time unraveling Wall Street-friendly measures introduced under former Republican President Donald Trump, using quick-fix legal tactics. They have spiked or stalled more than a dozen cont...
United States Donald Trump Quyen Truong Brian Johnson Dave Uejio Joe Biden

FCPA Compliance Report- Quyen Truong on the Direction of the CFPB under the Biden Administration | Thomas Fox

To embed, copy and paste the code into your website or blog: In this Episode of the FCPA Compliance Report, I am joined by Quyen Truong, partner at Stroock & Stroock & Lavan. During her career in government, she worked at the Consumer Financial Protection Bureau. She joins me to talk about the CFPB under the Biden Administration. Embed
Quyen Truong Consumer Financial Protection Bureau Biden Administration Stroock Lavan Consumer Financial Protection க்வெந் ட்ராஂக்

Analysis: Biden's agencies reverse Trump's Wall Street-friendly rules

6 Min Read WASHINGTON (Reuters) - U.S. President Joe Biden’s interim regulators are wasting no time unraveling Wall Street-friendly measures introduced under former Republican President Donald Trump, using quick-fix legal tactics. FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri They have spiked or stalled more than a dozen contentious Trump-era measures that criti...
United States Donald Trump Quyen Truong Matthew Lewis Brian Johnson Dave Uejio

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