Newsletters

10.09.14

Bank Directors, Officers Win Dismissal of FDIC Suit

Almost all cases brought by the FDIC in the last few years against former directors and officers of failed banks have been resolved by negotiated settlements.


09.11.14

“Culture of Compliance” Urged by FinCEN

Following months of rumors that the Financial Crimes Enforcement Network (FinCEN) is preparing to impose personal liability on officers, directors and employees for shortcomings in their financial institutions’ Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance, the agency issued ...


12.05.13

#Badidea: JPMorgan Chase Stumbles on Twitter

JPMorgan Chase’s recent activity on Twitter provides an example of the need for financial institutions to use caution when using social media.


09.26.13

Expansion of California’s Anti-Deficiency Laws Means More Litigation For Creditors

Turning a narrow consumer shield into a potentially broad sword, this summer California expanded its anti-deficiency judgment laws to prohibit not only the judicial pursuit of mortgage deficiency balances, but also to declare that post-foreclosure deficiencies can be neither “owed” nor ...