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Bank Law Monitor

A legal blog for the financial services industry

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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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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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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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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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What Does “Debts of the Kind” Really Mean?
Enacted in 2019, Subchapter V of Chapter 11 of the Bankruptcy Code allows small business debtors to reorganize and discharge their debts on special terms. A Subchapter V debtor’s discharge differs depending on whether the plan is confirmed with or wi...
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Oregon Construction Owners and Lenders Are Affected by New Retainage Law
If you develop or build on real property in Oregon, your progress payments to contractors on future projects will be affected by a new law, effective on March 7, 2024. If you are a construction lender, your borrower may request that your periodic loa...
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