Financial Institutions

  • Davenport Evans Top Ranked by Chambers High Net Worth 2017

    September 20, 2017 dehs

    Davenport, Evans, Hurwitz & Smith, LLP has received a top ranking in Chambers High Net Worth 2017 in the area of Private Wealth Law. Objective, independent and research-based, the Chambers High Net Worth guide recognized the world’s leading high net worth advisors.

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  • South Dakota’s Legal System Tops In U.S. Chamber of Commerce Business Survey

    September 14, 2017 dehs
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    South Dakota came out on top in this year’s survey from the U.S. Chamber of Commerce Institute for Legal Reform, conducted by Harris Interactive, Inc. Delaware had led the poll in 2015 and previous years, but a number of states moved past it and South Dakota moved to the top spot.

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  • To Call or Not to Call — Revocation of Consumer Consent Under the TCPA

    August 22, 2017 dehs
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    The TCPA generally requires callers to obtain prior express consent before contacting a consumer by telephone using an autodialer or a prerecorded voice message. But what happens if a consumer wants to revoke that consent? Davenport Evans lawyer Tiffany Miller explains.

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  • 11 Davenport Evans Lawyers Selected by Super Lawyers in 2017

    August 01, 2017 dehs

    Davenport Evans is pleased to announce selection of 11 Davenport Evans lawyers to the 2017 edition of Great Plains Super Lawyers. Anthony M. Hohn was selected as a Great Plains Super Lawyer

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  • The CFPB Arbitration Rule Has Been Challenged . . . Now What?

    July 20, 2017 dehs

    On Monday, July 10, the Consumer Financial Protection Bureau (the “CFPB”) released its Arbitration Agreements Rule (the “Arbitration Rule”). The Arbitration Rule prohibits providers of covered products and services from using pre-dispute arbitration agreements that bar consumers from filing class action lawsuits.  By July 20, however, measures to repeal the Arbitration Rule were introduced by lawmakers in both the House and Senate. Davenport Evans lawyer Ashlee A. Wendt explains.

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  • New Digital Assets Act Takes Effect in South Dakota

    June 29, 2017 dehs
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    Many financial and other transactions today occur online. Upon death or disability,  a person may need to be appointed to have access to email and other digital accounts. The Revised Uniform Fiduciary Digital Assets Act (RUFDAA) takes effect July 1, 2017 in South Dakota, clarifying requirements for executors, trustees, conservators, attorneys-in-fact and other agents (“fiduciaries”) access to a person’s “digital assets.” Davenport Evans lawyer Terry N. Prendergast explains.

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  • What Will the CFPB Do With Alternative Data?

    June 21, 2017 dehs

    On February 21, 2017, the Consumer Financial Protection Bureau (“CFPB”) published a “Request for Information Regarding Use of Alternative Data and Modeling Techniques in the Credit Process” (the “RFI”). The CFPB received an earful, including multiple responses from various marketplace lending participants, trade groups, consumer advocacy groups, and the major banking trade associations. While the comment period only closed on May 19, 2017, the industry is watching the CFPB closely to determine what, if any, actions the CFPB takes in response to the RFI. Keith Gauer explains.

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  • South Dakota and Unclaimed Property

    June 12, 2017 dehs

    Here’s another reason bank charters are important: unclaimed property. Davenport Evans business and financial services lawyer Douglas J. Hajek explains.

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  • Davenport Evans Lawyers Top Ranked by Chambers USA 2017

    May 26, 2017 dehs

    Davenport, Evans, Hurwitz & Smith LLP has been named a Top Ranked Leading Firm by Chambers USA, which ranks the nation’s leading law firms and lawyers. In South Dakota, rankings are given in four main categories: Corporate/Commercial Law, Labor & Employment, Litigation, and Real Estate. Click here to find a roster of ranked Davenport Evans lawyers.

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  • 5 Provisions to Consider in Third Party Vendor Contracts

    May 22, 2017 dehs

    Financial institutions may outsource services to third parties, but they cannot outsource ultimate responsibility. While some vendor services pose more risk than others, here are five key provisions from Tiffany M. Miller that should be reviewed in every vendor contract before signing on the dotted line.

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