Remove agencies texas-supreme-court
article thumbnail

Skadden Discusses Lender Compliance With CFPB’s Small Business Rule

Reynolds Holding

Despite facing challenges both from Congress and in court, the Consumer Financial Protection Bureau’s (CFPB’s) “Small Business Lending Under the Equal Credit Opportunity Act (Regulation B)” (Small Business Rule) is likely here to stay. And as long as the Supreme Court rules in CFPB v. In Texas Bankers Association v.

article thumbnail

How the Major Questions Doctrine Could Reshape Banking Law

Reynolds Holding

district court in Texas challenging the federal banking agencies’ first comprehensive updates to the regulations implementing the Community Reinvestment Act (CRA) in nearly three decades. Supreme Court’s newly formulated “major questions doctrine” because it addresses an issue of political or economic significance.

Banking 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Court Vacates HHS and EEOC Guidance on Gender Identity Discrimination Under Section 1557 and Title VII

ThomsonReuters

A federal trial court has vacated HHS and EEOC guidance regarding the prohibition of gender identity discrimination under Affordable Care Act Section 1557 and Title VII of the Civil Rights Act. Supreme Court’s Bostock decision (see our Checkpoint article ), the EEOC issued guidance on related issues under Title VII.

52
article thumbnail

Sullivan & Cromwell Discusses Recent Rulings’ Effects on SEC Use of Administrative Forum

Reynolds Holding

Two cases—one recently accepted for review by the Supreme Court, and another recently decided by the Court of Appeals for the Fifth Circuit—could change the manner in which the SEC brings enforcement actions against those accused of violating federal securities laws. The Supreme Court Accepts Cochran v.

45
article thumbnail

John C. Coffee, Jr. – Mass Torts and Corporate Strategies: What Will the Courts Allow?

Reynolds Holding

Supreme Court will hear Harrington v. Threatened by the multi-billion dollar liabilities that can quickly arise in a mass tort case, major corporations have also been exploring another use of bankruptcy courts to reduce mass tort liabilities. Within a month, the U.S. The Purdue Pharma case does not stand alone.

Equity 64
article thumbnail

U.S. Supreme Court Rejects Attempt to Invalidate ACA Based on Elimination of Individual Shared Responsibility

ThomsonReuters

Texas, 2021 WL 2459255 (U.S. Supreme Court has rejected an attempt to invalidate the Affordable Care Act (ACA). A trial court in Texas agreed and ruled that the individual mandate was unconstitutional, the remaining ACA provisions could not be severed, and the entire ACA must fall (see our Checkpoint article ).

52
article thumbnail

SEC Rulemaking and Litigation in Chair Gensler’s First 1000 Days

Reynolds Holding

It is also worth benchmarking both the SEC’s rulemaking and the extent and nature of litigation challenging its rules to assess how changes in legal doctrine and court personnel are affecting the agency. It is too early in the litigation process to predict with confidence how well the SEC will do in court. EPA in 2022. [4]