Beyond COVID-19’s impact on the public’s health and safety, massive unemployment and extreme economic uncertainty are causing a realignment of Americans’ financial priorities in ways that may shape the credit markets for years to come. This is especially true for those exposed to the most Continue Reading
Law360 | Reopened NY Courts Change COVID-19 Eviction Landscape
As of May 26, New York state courts have reopened for new electronically filed applications. Now that tenants have a venue to challenge improper default notices, the question becomes whether, and to what extent, landlords can exercise conditional limitations and terminate leases for nonpayment of Continue Reading
Westlaw | How Subprime RMBS Can Prepare Us for Subprime Auto Litigation in the Time of COVID-19
As our readers know, as far back as 2017, we sounded the alarm on the parallels between pre-crisis residential mortgage-backed securities (RMBS) and today’s subprime auto ABS. Since then, we’ve shared the viewpoints of participants and analysts who have echoed reasons for concern and the Continue Reading
AdExchanger | The California Data Broker Registry’s Growing Significance for Ad Tech
The California attorney general just released a final version of the regulations implementing the California Consumer Privacy Act (CCPA), and CCPA enforcement is still slated to begin on July 1. Before being finalized, the regulations were revised twice. The last round of revisions were adopted Continue Reading
Employee Relations Law Journal | Setting Every Community Up for Retirement Enhancement Act of 2019
On December 20, 2019, President Trump signed into law the Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”), a widely supported bipartisan piece of legislation which significantly amends portions of the Internal Revenue Code of 1986 (the “Code”). The SECURE Act was Continue Reading
Consumer Financial Services Law Report | How Subprime RMBS Can Prepare Us for Subprime Auto Litigation in the Time of COVID-19
As our readers know, as far back as 2017, we sounded the alarm on the parallels between pre-crisis residential mortgage-backed securities (RMBS) and today’s subprime auto ABS. Since then, we’ve shared the viewpoints of participants and analysts who have echoed reasons for concern and the Continue Reading
Law360 | What NY’s Eviction Moratorium Means for Landlords, Tenants
Gov. Andrew Cuomo has extended New York’s moratorium on both commercial and residential evictions through at least August 20. In addition, New York’s Civil Court (where landlord-tenant summary proceedings are typically brought and heard) remains closed to all new nonemergent proceedings and Continue Reading
Employee Relations Law Journal | The Benefits of Using Contract Equity to Attract, Reward, and Retain Key Employees of Closely-Held Companies
In today’s hypercompetitive business environment, non-public companies are always looking for effective and creative ways of attracting, retaining, and incentivizing their key employees. For many non-public companies, the perfect solution is a phantom equity arrangement (also known as a contract Continue Reading
D+G Memorandum: Coronavirus Aid, Relief and Economic Security Act (the CARES Act)
On March 27, 2020, President Donald Trump signed into law the Coronavirus Aid, Relief and Economic Security Act (or the CARES Act), which provides $2 trillion in aid in response to the novel coronavirus (COVID-19) pandemic. This memorandum provides a summary of certain key provisions of the CARES Continue Reading
Advertising Week 360 | Navigating Through the Weeds of CBD and Cannabis Advertising
The cannabis industry is booming in the United States, and marketers are anxious to get in on the action. However, uncertainty over the conflicts between federal and state law and the complex regulatory landscape makes it challenging for advertisers, brands, publishers, agencies, and others in the Continue Reading