Bank Law Monitor
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Article 12 – Perfection of Security Interests in Controllable Electronic Records
It is well established how to perfect a security interest on general intangibles under Article 9 of the Uniform Commercial Code: filing a financing statement. But is there a better way for a secured party who wants to stay in first position on assets...
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Regulatory Update: Final Rule on Courtesy Overdraft Services
The Consumer Financial Protection Bureau (CFPB) has finalized its proposed rule that aims to close what CFPB Director Rohit Chopra has characterized as a “loophole” from certain consumer financial protection laws.
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Cybersecurity Transparency Under Fire: Tech Firms Pay Big for Downplaying SolarWinds Breaches
On October 22, 2024, the Securities and Exchange Commission (“SEC”) announced that four technology companies—Unisys Corporation, Avaya Holdings Corporation, Check Point Software Technologies Ltd., and Mimecast Ltd.—had settled charges regarding alleg...
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Webinar—Construction Contract Tips on Affordable Housing Projects
Join us on Tuesday, July 16 at 9:30 a.m. PT for our upcoming webinar "Construction Contract Tips on Affordable Housing Projects." We will cover key provisions, recent legal updates, and best practices for current and future projects. Click here to...
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AI Strategy for Banks: You’ve Got This!
When you think about artificial intelligence (AI), does your pulse start to race? Or are you excited to embrace it, but stuck in the quagmire of often conflicting, and even alarmist, information that seems to be coming at you from every direction? W...
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Ninth Circuit Holds the Trustee Has Standing, Not the Employee, to Title VII Claims Rooted in the Pre-Bankruptcy Past
The Ninth Circuit’s May 30, 2024 decision in Bercy v. City of Phoenix precludes employees from bringing Title VII employment claims that the employee could have brought before filing for personal bankruptcy. These claims belong to an employee’s bankr...
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