The CFPB has issued a final rule regarding various annual adjustments it is required to make under provisions of Regulation Z under the Truth in Lending Act (TILA) that implement the CARD Act, Home Ownership and Equity Protection Act (HOEPA),
Financial
2024 SEC Enforcement Results – Takeaways for Fund Managers
On November 22, 2024, the SEC’s Division of Enforcement announced its Enforcement Results for Fiscal Year 2024. For key takeaways for fund managers, read our post on Proskauer’s The Capital Commitment blog.
Transport, Trade and Logistics Update
Insurable interest under South African law revisited
Introduction and background
Insurable interest continues to evolve under English and South African law and should be front of mind for parties involved in the logistics sector who want to manage their risk. The…
Examining the Burden of Proof in Medical Negligence: Insights from K.C.M. obo R.M. v MEC for Health, North West [2023] ZANWHC 45
This blog was co-authored by Danita Mungaroo, Candidate Attorney.
This case highlights the complex intersection of medical negligence claims and evidentiary challenges, focusing on the alleged failure of healthcare providers at clinics and hospitals to adequately monitor and manage labour.…
Section 54 of the Long-term Insurance Act
This blog was co-authored by William Hayne, Candidate Attorney.
In September 2024 the High Court found that the policy wording and section 54 of the Long-term Insurance Act of 1998 allowed the policyholder to either cancel her investment policy as a…
The importance of a certificate of balance in seeking a monetary judgement
This blog was co-authored by Shay Roper, Candidate Attorney.
The case of Merchant Commercial Finance 1 (Pty) Ltd t/a Merchant Factors v Valoworx 33 CC and Others highlights the importance of a creditor, seeking a monetary judgment, to determine and…
Reserve Bank Reforms Bill passed
The Treasury Laws Amendment (Reserve Bank Reforms) Bill 2023 was passed by both Houses of Parliament and received Royal Assent on 29 November 2024.
The Bill amends the Reserve Bank Act and the Banking Act to implement the Government’s response…
Legislation update December 2024
Australia’s Federal Parliament has finished sitting for 2024. Its final 2024 sittings were from 18 to 28 November when it passed 45 Bills. It is expected to resume on 4 February 2025 before a Commonwealth election which is due before…
Will Delaware Corporations Be “Leaving for Las Vegas”?
One of the hot topics in the corporate space over the last several months has been the question whether Delaware corporations should consider reincorporating in another state, such as Texas or Nevada. Much of the discussion in this re-domestication…
SEC Targets Investment Advisers for Misstatements and Compliance Failures
Three recent enforcement actions highlight the risks of failing to adhere to representations made to investors regarding ESG and biblically responsible investing strategies.
The upcoming change in US administration is expected to bring about significant priority shifts by the federal…