The federal banking agencies have announced their intent to issue a proposal to rescind the Community Reinvestment Act (CRA) final rule originally issued in October 2023. In their announcement on March 28, the agencies also…
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/ Consumer Protection, Finance & Banking, Mergers & Acquisitions
As many property owners already know, the Massachusetts Department of Energy Resources (DOER) has begun sending letters to building owners informing them of their obligation to report energy usage for buildings over 20,000 gross…
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/ Administrative Law, Energy & Utilities, Real Estate - Commercial
Massachusetts courts issued several important product liability decisions in late 2023 and 2024. Nutter’s Product Liability practice group reviewed these cases and report on their significant holdings as follows ..…
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/ Civil Procedure, Products Liability
In light of the new administration’s focus on immigration-related issues, many employers are seeking guidance on how to best prepare for a potential U.S. Immigration and Customs Enforcement (ICE) raid. Employers are wise to…
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/ Civil Rights, Immigration Law, Labor & Employment Law
Amid media reports that the administration may be considering a plan to consolidate the FDIC, the supervisory functions of the Federal Reserve, and the OCC into a single agency, President Trump issued an executive order…
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/ Administrative Law, Business Organizations, Finance & Banking
Governor Michelle Bowman discussed the unique challenges mutual banking institutions face raising capital and the need for regulatory flexibility in the process. Governor Bowman’s remarks at the New England CEO Summit on January…
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/ Consumer Protection, Finance & Banking
The Nutter Securities Enforcement Update is a periodic update of noteworthy recent securities enforcement activity, settlements, decisions, and charges. We provide brief summaries that highlight recent enforcement action filings…
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/ Business Organizations, Finance & Banking, Securities Law
Welcome to Nutter's Beverage Breakdown, a periodic legal update on developments related to the alcohol beverage industry, including industry news, federal and state updates, and more. We look forward to sharing our insights with…
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/ Antitrust & Trade Regulation, Franchise Law, International Law & Trade
On January 14, 2025, the Internal Revenue Service (the “IRS”) issued new proposed regulations under section 162(m) of the Internal Revenue Code (the “Code”), supplementing regulations already in effect. Under section 162(m),…
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/ Business Organizations, Securities Law, Taxation
On January 8, 2025, the Massachusetts Supreme Judicial Court issued its much-anticipated opinion in Attorney General v. Town of Milton, et al. The SJC upheld the MBTA Communities Act as constitutional and found that the Attorney…
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/ Constitutional Law, Real Estate - Residential, Zoning, Planning & Land Use
CFPB Imposes $5 Cap on Overdraft Fees Charged by Large Banks -
The CFPB has adopted a final rule capping overdraft fees at $5 for banks and other depository institutions with more than $10 billion in assets (covered…
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/ Consumer Protection, Finance & Banking
We have previously shared updates regarding the Corporate Transparency Act (CTA), which generally requires so-called “Reporting Companies” to disclose the individuals who meaningfully control and own such companies to the U.S…
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/ Business Organizations, Finance & Banking
We have previously shared updates regarding the Corporate Transparency Act (CTA), which generally requires so-called “Reporting Companies” to disclose the individuals who meaningfully control and own such companies to the U.S…
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/ Business Organizations, Finance & Banking
Welcome to Nutter's Beverage Breakdown, a periodic legal update on developments related to the alcohol beverage industry, including industry news, federal and state updates, and more…
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/ Communications & Media Law
With the enactment of the Corporate Transparency Act (CTA), so-called “Reporting Companies” were required to disclose to the U.S. federal government, via the submission of a Beneficial Ownership information (BOI) Report to the…
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/ Business Organizations, Constitutional Law, Finance & Banking