Publications

The Consumer Financial Protection Bureau (“CFPB”) recently issued a bulletin on the Fair Credit Reporting Act’s (“FCRA”) requirement that furnishers of credit information investigate disputes and review all relevant information (“Bulletin”).1 Financial institutions are the most prominent “furnishers” covered by the FCRA, and the Bulletin has prompted some banks and […]

On August 15, 2013, the U.S. Environmental Protection Agency published a proposed Amendment to Standards and Practices for All Appropriate Inquiries that would approve a new standard by which Phase I Environmental Site Assessments may be conducted. In the process of acquiring real property, prospective buyers (or other potential owners or […]

During the 2013 legislative sessions, both Nebraska and Iowa enacted several pieces of legislation that could affect banks and their customers. This article provides brief summaries of several pieces of legislation.

Recently, the Eighth Circuit Court of Appeals joined a growing number of jurisdictions in holding that a borrower’s written notice of intent to rescind a home mortgage loan is insufficient to preserve the borrower’s right to rescind under the Truth in Lending Act. The reason: the borrower failed to file […]

Eighth Circuit Vacates Attorney’s Fees in Trade Secrets Misappropriation Case Mayo Clinic v. Elkin, Case No. 11-2959 (8th Cir. August 27, 2013). This Eighth Circuit case arose out of a trade secret dispute between the Mayo Clinic and Dr. Peter Elkin over medical records software developed by Elkin while he […]