Riker Danzig Scherer Hyland & Perretti LLP is a highly respected, full-service law firm that has served the business community for over 135 years. With offices in Morristown, Trenton, and Midtown Manhattan, Riker Danzig serves as regional trial counsel, national defense counsel, and deal counsel for some of the country's largest corporations, while also representing many middle-market companies. Numerous financial, commercial, manufacturing and service organizations rely on Riker Danzig for exceptional legal representation.
On December 31, 2021, New York Governor Kathy Hochul signed into law the Comprehensive Insurance Disclosure Act (the “Act”)
On January 10, 2022, Governor Phil Murphy signed into law a bill (A5549, now L. 2021, c. 362) that permits New Jersey nonprofit corporations to hold members’ meetings in part or solely by means of remote communication, regardless of any state of emergency.
Following the rise of cybercrime and on the coattails of the Federal Trade Commission (FTC), the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FRB) and the Federal Deposit Insurance Corporation (FDIC) promulgating final rules concerning cybersecurity requirements for the financial services sector, we knew that the U.S. Securities and Exchange Commission (SEC) was not far behind.
On January 18, 2022, Governor Phil Murphy signed into law the New Jersey Insurance Fair Conduct Act (the “Act”).
Over the past year, digital assets have exploded on the mainstream and many believe that cryptocurrencies are the currency of the future.1
Legislation (A2877) just signed by the Governor will now require a creditor to notify municipal officials regarding its foreclosure of commercial properties, maintain the exterior of the commercial properties and register commercial properties under an ordinance creating a property registration program in the municipality. P.L. 2021, c. (chapter law citation pending).
During a January 19, 2021, webinar with the SIFMA Compliance & Legal Society, FINRA president and CEO Robert Cook discussed with participants FINRA’s priorities for 2022.
The New Jersey Appellate Division recently affirmed the trial court’s grant of summary judgment in favor of a bank, holding that the bank had the right to refuse prepayment on two of its loans based on non-monetary defaults on a third loan when the loan documents contained cross-default provisions.
On May 18, 2022, the U.S. Court of Appeals for the Fifth Circuit issued its decision in Jarkesy v. Securities and Exchange Comm’n, in which it examined the constitutionality of an agency civil money penalty enforcement proceeding.
On May 13, 2022, the U.S. Treasury (“Treasury”) released its 2022 Strategy for Combatting Terrorist and Other Illicit Financing (“2022 Strategy”). The proposed 2022 Strategy, prepared pursuant to Sections 261 and 262 of the Countering America’s Adversaries Through Sanctions Act (CAATSA), outlines four goals to address the key risks identified by the 2022 National Money Laundering, Terrorist Financing, and Proliferation Financing Risk Assessments:
Following consumer trends and fueled by the pandemic and related loosening of restrictions on in-state retailer alcohol delivery regulations, the marketplace for alcohol delivery services has expanded exponentially over the last several years and shows no signs of slowing down.
On 1 August 2022, the Act implementing the EU Directive on Transparent and Predictable Working Conditions (the Act) likely will enter into force, as EU Member States have until that date to implement the directive into their own national laws.
On March 21, 2022, the U.S. District Court for the Eastern District of Tennessee invalidated Notice 2016-66 for failing to comply with the Administrative Procedure Act (APA) and granted broad injunctive relief requiring the IRS to return to taxpayers and material advisors the documents and information obtained improperly under the Notice.
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