Archive for 2017

  • Prepaid Card Service Disruptions Lead to Restitution Order and Civil Money Penalties

    March 24, 2017 dehs
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    Banks routinely rely on third-party relationships to offer services to customers. Does the CFPB’s recent enforcement action signal that the potential risks of these relationships may be far greater than originally thought? Davenport Evans lawyer Ashlee A. Wendt explains.

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  • The CFPB and the Consequences of Overreaching

    March 17, 2017 dehs

    The CFPB has been besieged by controversy since its inception. Legal and political woes suggest big changes are in store for the CFPB and its Director. Davenport Evans lawyer Charles D. Gullickson explains.

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  • Snyder Admitted to South Dakota Federal Court

    March 07, 2017 dehs
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    On March 7, Davenport Evans lawyer Michael L. Snyder was admitted to practice in the United States District Court, District of South Dakota. Snyder was sworn in by The Honorable Karen E. Schreier, United States District Judge for the District of South Dakota.

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  • Clarke and Conrad Prepare for 2017 Gourmet Guys

    March 03, 2017 dehs
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    Davenport Evans lawyer Justin Clarke and Chris Conrad will be serving April 30 at the 2017 Gourmet Guys benefiting Active Generations programming for older adults.

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  • Prendergast Published in South Dakota Law Review Regarding Spousal Trust

    February 22, 2017 dehs

    South Dakota in 2016 passed a special law allowing spouses to create a community property trust as defined by South Dakota law as a special spousal trust, which should allow those creating such a trust the 100% step up in basis on transfers to a surviving spouse at the deceased spouse’s death.  In this article, Terry Prendergast explains the workings of the law and its origins.

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  • Van Heuvelen, Krogstad Published in South Dakota Law Review

    February 22, 2017 dehs

    Various states have enacted legislation allowing for the creation of self-settled spendthrift trusts in the last decade, which has given rise to domestic asset protection trusts (“DAPTs”). The enactment of DAPT laws in South Dakota and various other states has caused debate related specific federal gift and estate tax questions. Mark R. Krogstad and Matthew W. Van Heuvelen discuss in this Article how the recent changes to South Dakota’s DAPT statutes may affect the federal transfer tax implications of a South Dakota DAPT.

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  • What Are UDAAP?

    February 21, 2017 dehs
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    Not all publicity is good publicity. Financial institutions can avoid being in the news for the wrong reasons by avoiding unfair, deceptive or abusive acts or practices (illegal under the Dodd-Frank Act of 2010) in their advertising. Read more from Davenport Evans lawyer Rita M. Edwards.

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  • Miller Named Board Chair Downtown Sioux Falls

    February 14, 2017 dehs
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    Downtown Sioux Falls (DTSF) announced their 2017 board officers, incoming board members, and changing titles for organization leaders at their annual meeting February 13. Davenport Evans lawyer Tiffany Miller will serve as the DTSF board chair.

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  • Construction Litigation

    February 10, 2017 dehs

    Davenport Evans lawyers are regularly engaged by clients in construction litigation, performance and payment disputes, bond issues, code compliance, and architectural, engineering and design issues. Our attorneys are also involved in cases of construction site injuries and deaths and workers’ compensation claims.

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  • Intellectual Property Litigation

    February 09, 2017 dehs

    Davenport Evans lawyers are regularly engaged by clients in litigation involving trademarks, service marks, copyright, trade secrets, confidential information, non-disclosure agreements, non-competition agreements, non-solicitation agreements, and matters of unfair competition.

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