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Newsletters / Alerts

All Newsletters / Alerts

In a new, unpublished decision in the U.S. Court of Appeals, the Fourth Circuit affirmed a bankruptcy court’s order re-characterizing a portion of a loan to a bankruptcy debtor purchased by a creditor as equity instead of debt, impairing that creditor’s ability to recover from the debtor.
8/19/2016
Due to recent flooding, individuals and families in Louisiana may be eligible for federal assistance if they live, own a business, or work in the disaster area. Insurance will also play a vital role in the recovery of real property, personal property and business interests. This checklist should act as a preliminary guide to help you organize during the initial phases of recovery.
8/17/2016
Buried beneath the politically-charged headlines of recent weeks regarding Secretary Hillary Clinton’s emails lies a cautionary tale on a subject a surprising number of lawyers and their clients give little thought: eDiscovery. From an initial document set of over 60,000 emails residing on Secretary Clinton’s private servers, her legal team was tasked with identifying “work-related” emails for production to the State Department.
7/29/2016
On October 1, 2016, a State-passed bill amending the definition of a “trade secret” to expressly include “financial information” will take effect. This seemingly small change could have substantial impacts on any businesses handling and/or disclosing financial information.
7/25/2016
As a result of Louisiana’s continuing budget woes, Governor John Bel Edwards’ administration has conducted a review of the economic impact and effectiveness of the state’s generous economic development incentives.
7/20/2016
A variety of statutory changes relating to the construction industry took effect on July 1 as the result of the unanimous passage of House Bill 535. Section 20 of the Bill imposes new requirements relating to monitored alarm systems in residential and commercial settings.
7/14/2016
Mississippi’s S.A.F.E. Mortgage Act (“SAFE Act”) was scheduled to be repealed on July 1, 2016. On April 6, 2016, Governor Bryant approved Senate Bill 2504 (“S.B. 2504”), which reenacts the SAFE Act and makes a number of substantive changes to the requirements under the SAFE Act that may be of interest to residential mortgage lenders, originators, brokers, and servicers doing business in Mississippi. These changes are effective July 1, 2016.
6/28/2016
On July 1, 2016 House Bill 535 will become effective. It was unanimously approved by the House and Senate, signed by the Governor, and significantly affects many facets of the Construction Industry.
6/20/2016
After months of advancing the need for change, Citizens Property Insurance Corporation scored a big win recently that just might be an effective way to avoid increasing the backlog of litigation that’s been brimming with fraudulent third-party claims for “emergency repair” services. The problem stems from Assignment of Benefits (AOB) lawsuits, which have proliferated to the point where they have caused insurance rates to surge.
6/2/2016
The U.S. Department of Labor has issued the much-anticipated update to the FLSA overtime regulations. The new rules take effect on December 1, 2016. The final salary threshold rule is slightly lower than the Department’s proposal but still doubles the salary threshold for executive, administrative, and professional exemptions, raising the threshold from $23,660 to $47,476 a year, or from $455 to $913 a week.
5/19/2016