CFPB Proposes Rule To Expand Regulation E to Crypto and Gaming Accounts
With 10 days left in the Biden administration, the Consumer Financial Protection Bureau (CFPB) proposed a new interpretive rule on the applicability of the Electronic Fund Transfer Act (EFTA) and Regulation E to “new and emerging digital payment mechanisms.”[1] The proposed rule would interpret the scope of the EFTA and Regulation E expansivel...
Loper Bright and the National Historic Preservation Act: A case study
January/February 2025
In Loper Bright Enterprises v. Raimondo, the U.S. Supreme Court famously overruled the Chevron doctrine, under which courts were required to defer to “permissible” interpretations of an ambiguous statute by the federal agency charged with administering it—even if the court read the statute differently. The Court concluded that “[i]n the business of...
DOJ’s Final Rule on Data Transfers: Impacts Across Industries
As of January 23, 2025, the regulation discussed below has not been withdrawn by the Trump administration and is not subject to automatic withdrawal under President Trump’s Executive Order freezing regulations. It currently is scheduled to take effect on April 8, 2025. Under the new Trump Executive Order, agencies may postpone implementation o...
Quarterly Investment Update - 4th Quarter 2024
View the Quarterly Investment UpdateTo receive this Quarterly Investment Update by email, request our composite performance history, or request descriptions of the indexes and other information included in this report, please contact us at PCTrust@perkinscoie.com....
Quarterly Investment Update - 3rd Quarter 2024
View the Quarterly Investment UpdateTo receive this Quarterly Investment Update by email, request our composite performance history, or request descriptions of the indexes and other information included in this report, please contact us at PCTrust@perkinscoie.com....
Navigating the Patchwork of State Employment Laws
Due to the lack of congressional action on key issues affecting employees, many state legislatures have decided not to wait and have enacted their own laws on a wide range of topics. This resulting patchwork of state laws makes full compliance difficult for the multi-jurisdictional employer. In this webinar, our lawyers will cover two particularly ...
Illinois Pay Transparency Requirements Arrive
New pay transparency requirements took effect January 1, 2025, in Illinois.Under amendments to the Illinois Equal Pay Act of 2003 (the Act), employers must now include in any job posting for covered roles the corresponding wage or salary range and a description of the benefits and other compensation the position offers.Illinois joins a growing list...
The US Supreme Court Addresses the Standard of Proof for Exemptions Under the FLSA
The Supreme Court of the United States rejected a higher standard of proof for employers to demonstrate that an employee is exempt under the Fair Labor Standards Act (FLSA), providing clarity for FLSA disputes across the country on, January 15, 2025. The Court held in E.M.D. Sales, Inc. v. Carrera that employers must demonstrate that an employ...
Biden’s Cybersecurity Executive Order and What Comes Next Under Trump
By the time this analysis is published, or by the time you read it, President Donald Trump may have withdrawn or modified the Jan. 16 “Executive Order on Strengthening and Promoting Innovation in the Nation’s Cybersecurity” and other cybersecurity policies issued under the Biden Administration. Enacted in the final days of the Biden administration,...
False Claims Act Qui Tam Lawsuits Increased to 979 in FY 2024—the Highest Ever
Whistleblowers filed 979 qui tam lawsuits under the False Claims Act (FCA) in Fiscal Year 2024—the highest number in a single year and 35% more than in the prior year—the U.S. Department of Justice (DOJ) announced. Overall, DOJ recovered more than $2.9 billion in FCA settlements and judgments in FY 2024, a nearly 5% increase from FY 2023 ($2.7...