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Newsletters / Alerts

All Newsletters / Alerts

P3s are contractual agreements formed between a Florida public agency and a private sector entity. The law creates a process for greater private sector participation in the delivery and financing of public building and infrastructure projects. P3 agreements will provide for shared skills, assets, resources, risks, and rewards by both private and public sectors for the delivery of a service or to create a facility for public use. "The signing of this legislation further ensures that Florida is a pro-business state, and that we will not stop until every Florida family has the opportunity to live their version of the American dream," said Florida Governor Rick Scott.
7/24/2013
The National Institute of Standards and Technology (NIST) has issued its latest version of “Security and Privacy Controls for Federal Information Systems and Organizations”1 (the “Guidelines”).
6/24/2013
The Florida Supreme Court held that municipalities lack the authority to enact local ordinances which establish superpriority status for their code enforcement liens. In the last decade, numerous Florida municipalities enacted local ordinances which held their code enforcement liens had the same priority as ad valorem taxes, a status referred to as “superpriority.”
6/19/2013
On April 24, 2013, Governor Scott signed into law Senate Bill 286 that  redefined the term “Design Professional” in Section 558..002, Florida Statutes, to add geologists to the definition along with architects, interior designers, landscape architects, engineers, and surveyors. Moreover, and more importantly, the Bill created Section 558.0035 that specifies conditions under which a design professional employed by a business entity may not be held individually liable for damages resulting from negligence occurring within the course and scope of a professional services contract.
6/14/2013
On March 25, 2013, the Eighth Circuit Bankruptcy Appellate Panel affirmed the bankruptcy court’s order in In re WEB2B Payment Solutions, Inc., holding that a creditor loses its possessory lien when it turns collateral over to the bankruptcy trustee without first seeking adequate protection from the bankruptcy court.
5/22/2013
The Consumer Financial Protection Bureau (“CFPB”) has issued its final Rule on remittance transfers issued by consumers to recipients outside of the United States. The final Rule is effective October 28, 2013.  Under the final Rule, the remittance provider must disclose its own fees and the fees of its agents, but it is optional for the provider to disclose the taxes and fees charged by others that are not agents.
5/9/2013
On March 8, 2013, the United States Citizenship and Immigration Services (“USCIS”) released a new I-9 Employment Eligibility Verification Form. (As you are probably aware, employers are required to complete an I-9 Form for each new employee to document the verification of the employee’s identity and authorization to work).
5/9/2013
On January 18, 2013, the FDIC, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Housing Finance Agency, and the Consumer Financial Protection Bureau ("CFPB"), issued the Higher Priced Mortgage Loan Appraisal Rule ("HPML Appraisal Rule") for higher-priced mortgage loans ("HPML"). The HPML Appraisal Rule amends Regulation Z and implements changes to the Truth in Lending Act, as amended by  the Dodd-Frank Act.
4/11/2013
Earlier this month, the United States Bankruptcy Courts for the Western District of Pennsylvania and the Southern District of New York issued decisions that could drastically affect the rights of lenders who take a security interest in collateral subject to a prior termination or satisfaction of lien.
3/15/2013
Sequestration is the automatic reduction of federal spending triggered when Congress approved spending levels that exceed certain “caps” set forth in the Budget Control Act of 2011.  Sequestration was established to be so painful as to provide a strong incentive for Congress to pass more sensible and targeted deficit reduction legislation.  However, the gridlock in Washington prevailed and sequestration is scheduled to commence on March 1, 2013.
3/5/2013