2022 11 
Troutman Sanders
OCTOBER 16, 2023
On October 11, the Federal Trade Commission (FTC) announced a new proposed rule to prohibit junk fees, which are hidden and bogus fees that can harm consumers and undercut honest businesses. On October 11, the Securities and Exchange Commission (SEC) informed the U.S. For more information, click here. For more information, click here.
ABI
JANUARY 26, 2023
the United States Bankruptcy Court for the Southern District of New York held that a trustee appointed under title 11 of the United States Code (the “Bankruptcy Code”) can recover intellectual property rights after a post-petition transfer. [1] 18-23862, 2022 WL 3108802, at *14 (Bankr. 4, 2022). [2] 2022 WL 3108802. [11]
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Troutman Sanders
MAY 23, 2023
Notably, Chairman McHenry’s proposal would preserve the current dual banking system model and delegate “supervisory, examination, and enforcement authority” of “state qualified stablecoin payment issuers” to “state payment stablecoin regulators.” For more information, click here. On May 15, during an interview with Financial Times , U.S.
Jimerson Firm
DECEMBER 11, 2023
at 2210–11. 22-cv-03506, 2022 WL 16637993, at *4 (N.D. 2, 2022); Bowen v. 5:21-cv-00143, 2022 WL 4110319, at *5 (W. However, within one year, the Eleventh Circuit granted hearing en banc and vacated the judgment. ExecuPharm Inc. , 4th 146, 158 (3d Cir. Syracuse Univ. , 5:21-CV-1073, 2023 WL 2572937, at *7 (N.D.N.Y.
Troutman Sanders
FEBRUARY 13, 2024
Genesis filed for Chapter 11 protection in January 2023 with $5.1 Despite voluntarily halting the offering of the interest feature in 2022, the company agreed to pay a $1.5 On February 5, several banking and commerce associations filed a complaint in the U.S. billion in debt. For more information, click here. on February 22.
Troutman Sanders
MAY 16, 2022
Federal Activities: On May 12 and May 10, the House Financial Services and Senate Banking Committees, respectively, held hearings with Financial Stability Oversight Council (FSOC) Chairwoman Secretary Yellen to discuss FSOC’s annual report to Congress. On May 11, the U.S. On May 11, the Promoting Digital Privacy Technologies Act (H.R.
Troutman Sanders
NOVEMBER 15, 2022
Federal Activities: On November 11, Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra delivered remarks before the FDIC Systemic Resolution Advisory Committee. On November 11, prominent cryptocurrency exchange FTX abruptly filed for Chapter 11 bankruptcy and founder Sam Bankman-Fried resigned as CEO.
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