by dehs | Mar 20, 2023 | Financial Institutions, Recent News
On January 5, the Federal Trade Commission (“FTC”) published a notice of proposed rulemaking (the “Proposed Rule”) that would effectively prohibit noncompete clauses in contracts between employers and workers. The FTC’s authority to issue regulations prohibiting... 
by dehs | Mar 29, 2023 | Employment Law, Litigation, Recent News
As the United State Supreme Court recently made clear, it is important for employers to follow the regulatory guidelines and not assume that high pay automatically means no overtime. In an opinion issued on February 22, the Court held that an employee making over... 
by dehs | Mar 17, 2023 | Financial Institutions, Recent News
What is the UCC? The Uniform Commercial Code (UCC) is a comprehensive set of laws governing all commercial transactions in the United States. It is not a matter of federal law, but rather a set of universally adopted state statutes. The uniformity of state adoption of... 
by dehs | Mar 1, 2023 | Financial Institutions, Recent News
Under current Regulation Z, card issuers are prohibited from charging a penalty fee on credit cards unless they have either (1) determined that the dollar amount of the fee represents a reasonable proportion of the total costs incurred as a result of the consumer’s...