Blogs & Social Media Sites

Blogs

  • Class Counsel Blog
  • Seventh Circuit Unplugs RadioShack Class-Action Settlement

    On September 19, 2014, the United States Court of Appeals for the Seventh Circuit issued a cautionary opinion in Redman et al. v. RadioShack Corp et al. that reminds trial courts to actively review proposed class-action settlements to ensure that they bestow adequate benefits to the class members themselves.  The Court reversed approval of a class-action settlement because the financial benefits to the class were too small relative to proposed legal fees.  Observers anticipated this outcome based on oral argument, held less than two weeks earlier, including questioning by Judge Richard Posner that was described as “withering,” “hilarious” and containing mild “benchslaps.”  Read More ›

    Liability bifurcated from individuals’ damages: RESPA case proceeds as class action

    Last week, the Northern District of California denied a motion to decertify and granted a motion to bifurcate, allowing a case brought against Washington Mutual Bank, FA (“WMB”) and eAppraiseIT (“EA”) to proceed to trial as a class action on liability alone, with questions of individual damages and eligibility bifurcated from the trial for later review on a claim-by-claim basis.  Spears v. First American eAppraiseIT, 5-08-CV-00868-RMW, 2014 WL 4647679 (N.D. Cal. Sept. 16, 2014).  Read More ›

    Are You Ready for Some Football, er ... Class Actions??? The Rise of Misclassification Class and Collective Actions

    The NFL and NFL teams have come under heavy fire recently for their handling of domestic violence issues, while accusations about the treatment of NFL cheerleaders are flying under the radar, at least by comparison. Over the past year, several cheerleaders have filed class and collective actions against NFL teams alleging they were misclassified as non-employee volunteers and were consequently not paid minimum wage and overtime.  Across the country, class and collective actions based on worker misclassification claims are on the rise.  While much attention has been paid to actions involving the classification of employees under the Fair Labor Standard Act’s (“FLSA”) “white collar” exemptions, there has also been a dramatic increase in the number of class and collective actions involving misclassification of volunteers, interns, and independent contractors.  These class and collective actions threaten to change how several industries currently operate – just ask the Oakland Raiders. Read More ›

  • Construction Law News Blog

    The Construction Law News Blog is a resource for today's construction industry professionals. The blog discusses a variety of legal issues. Some of these issues include risk management, contract preparation, payment disputes and dispute resolution.

  • Executive Order Increases Reporting Burden on Government Contractors

    On July 31, 2014, President Obama issued the latest in a series of executive orders impacting government contractors. This order, titled “Fair Pay and Safe Workplaces”, mandates contractors self-report any issues they may have had in complying with various labor laws. While the specifics of this new self-reporting requirement will be set out in forthcoming regulations, contractors can expect that their regulatory burdens have taken a substantial step up. In addition, the order impacts the enforceability of arbitration agreements contained in certain employment contracts. Each of these major changes is addressed below. Read More ›

    Ohio Supreme Court Clarifies What is a "Pay-if-Paid" Clause

    On July 17, 2014, the Ohio Supreme Court continued its literal interpretation and application of construction contracts. In the case, Transtar Elec., Inc. v. A.E.M. Elec. Servs. Corp., Slip Opinion No. 2014-Ohio-3095, a general contractor hired a sub-contractor to provide electrical services for the installation of a pool at a hotel. The sub filed suit seeking payment of $44,000 that was never paid by the GC or project owner. The subcontract included the following language:

    "(c) The Contractor shall pay to the Subcontractor the amount due under subparagraph (a) above only upon the satisfaction of all four of the following conditions: * * * (iv) the Contractor has received payment from the Owner for the Work performed by the Subcontractor. RECEIPT OF PAYMENT BY CONTRACTOR FROM THE OWNER FOR WORK PERFORMED BY SUBCONTRACTOR IS A CONDITION PRECEDENT TO PAYMENT BY CONTRACTOR TO SUBCONTRACTOR FOR THAT WORK." Read More ›

    AIA Contracts Help Effectively Allocate Risks and Result in Predictable Interpretations

    It is sometimes difficult to tell whose insurer will be liable for certain occurrences on a construction project.  The whole purpose of contracting is to allocate risk—hopefully to the party that is better situated to deal with that risk.  In allocating that risk, all parties need to know which party is ultimately responsible for insuring against certain risks.  While some court opinions can leave a reader unsure of the ultimate holding and its application, the Indiana Court of Appeals recently issued a clear and concise opinion regarding issues of insurer liability in the context of interpreting an American Institute of Architects (AIA) standard form agreement. Read More ›

  • Distress to Success

    The Distress to Success blog, based off of the book by Bobby Guy, focuses on distressed investing, events in the acquisition markets, and restructuring issues.   “Distress to Success”  is written for the business leader struggling to return a company from the “red” into the “black.”

  • The New Distress Indices

    On Monday, we released three new research indices tracking distress in U.S. financial markets.    Read More ›

    Obamacare and Antitrust

    One of the interesting tensions in the healthcare industry right now is the need for consolidation versus antitrust consolidation prohibitions. Read More ›

    Acquiring The Distressed Healthcare Business: Dealing with Government Provider Liabilities

    When it comes to distressed healthcare M&A, the thorniest issues often ride on provider agreement liabilities with Medicare and Medicaid.    Read More ›

  • Financial Services Blog

    The Financial Services Blog offers the latest information on banking development and litigation trends. Topics range from commercial and consumer lending through bankruptcy, lender liability defense, and the Dodd-Frank Act through Regulations JJ.

  • ECOA AND SPOUSE-GUARANTOR RIGHTS: ANOTHER COURT, ANOTHER VIEW

    On the heels of the Sixth Circuit Court of Appeals’ decision in the RL BB Acquisition case that we wrote about a couple of weeks ago comes a contrary decision from the Eighth Circuit on exactly the same issue.  Is a credit guarantor an “applicant” for credit, so that the protections of the Equal Credit Opportunity Act (ECOA) extend directly to a credit guarantor? The Eight Circuit says no. Read More ›

    SIXTH CIRCUIT STRENGTHENS SPOUSAL GUARANTY RULE

    The Equal Credit Opportunity Act’s ban against credit discrimination on the basis of race, gender, national origin, and the other prohibited bases listed in the law – including marital status - is not terribly complex.  Since its enactment 40 years ago, the ECOA has generated only a small fraction of the lawsuits that the Truth in Lending Act has spawned.  Nevertheless, one ECOA rule in particular has continuously been an Achilles’ heel for creditors – the Spouse Guarantor Rule.  The Rule is particularly difficult to apply because it attempts to address what would seem to be a logical credit request in the structuring of a loan; that is, the personal guaranty of husband and wife business owners, who often hold jointly-owned assets.  A decision last month by the Sixth Circuit Court of Appeals in RL BB Acquisition, LLC v. Bridgemill Commons Development Group, LLC, has now strengthened the Rule by giving it both sword and shield status in the arsenal of a spouse-guarantor defending the enforcement of a guaranty Read More ›

    Supreme Court of Kentucky Rules on Check Fraud Case Involving Articles 3 and 4 of the Uniform Commercial Code.

    On June 19, 2014, the Supreme Court of Kentucky issued its decision regarding check fraud in the case of Mark D. Dean, P.S.C. v. Commonwealth Bank & Trust Company.  This is an important decision for Kentucky banks and employers who authorize employee signatories on company bank accounts. Read More ›

  • International Services Group

    The International Services Group Blog is a resource for business leaders within the international commerce industry. Frost Brown Todd's international lawyers discuss the latest challenges for international trade and regulation, as well as solutions for those challenges.

  • Door opens for 100% foreign ownership of Chinese hospitals on pilot basis

    US health care businesses see China as a waiting market, ready for the introduction of world-class hospitals and care centers.  China understandably regards medical care as intensely domestic, and has limited foreign involvement to joint ventures or minority ownership.   Read More ›

    Ralls against CFIUS –National Security and Foreign Investments in the U.S.

    In recent years, the United States has become a preferred destination for Chinese acquisitions and strategic investments. This is mostly due to the weak dollar, the US debt crisis, and the desire to gain access to US brands, distribution systems, and technological know-how. However, the biggest concern for Chinese investors entering the US market is the national security review by the Committee on Foreign Investment in the United States (CFIUS). Read More ›

    Precis of potentials and pitfalls

    While the laundry list of challenges is familiar, last week's Financial Times analysis of China's shale oil gas industry makes interesting reading for any U.S. company trying to tap the China market.  Whether it be underground reserves or untapped consumer demand, majors and middle-maket companies face the same myriad of "soft" challenges, including the absence of a mature legal structure, crowding out by giant SOEs and intellectual property risks.   Read More ›

    Social Media Sites


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    Twitter
    Twitter is a website, owned and operated by Twitter Inc., which offers a social networking and microblogging service, enabling its users to send and read messages called tweets.


    LinkedIn
    LinkedIn is a business-oriented social networking site. Founded in December 2002 and launched in May 2003, it is mainly used for professional networking.

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