Banking

Banking

Jeff Kern, Sarah Aberg | Sheppard Mullin Richter & Hampton LLP

Introduction Rising rents, confusing healthcare laws, and competition from mega-chains are not the only challenges confronting small business owners these days. To this list, add the U.S. government. Small businesses that take in large amounts of cash now have to be extra careful how they bank...

Banking

Haydn J. Richards, Jr. | Dykema Gossett PLLC

It is not often that an informal, three-page bulletin can result in substantial changes to the operations of a significant portion of the economy. However, the Consumer Financial Protection Bureau’s (“CFPB”) April 13, 2012, bulletin did just that: financial services...

Banking | Finance

Kelli Clark | Applied Discovery, Inc.

“By now, it should be abundantly clear that the duty to preserve means what it says and that a failure to preserve records – paper or electronic – and to search in the right places for those records, will inevitably result in the spoliation of evidence.” In 2010, in her...