A recent Michigan appellate court decision held that property owners who want to transfer their property to their children and can keep the value capped can't do so through the transfer of interests in an LLC.
A recent OCC consent order and multi-agency final guidance reinforce the need for financial services companies to implement rigorous oversight programs for third-party affiliates.
Mortgage lenders and servicers dealing with borrowers with limited English proficiency must tread carefully to avoid discrimination claims or violations of state laws.
A recent U.S. Supreme Court decision may result in corporations facing lawsuits in every state they do business, even in cases unrelated to that state.
In a case with implications for anyone who uses emojis, a Canadian court recently ruled that a thumbs-up emoji in a text message can form the basis of a legally binding contract.
Establishing a trust is one thing; transferring assets into it is another. And if you don't do the latter, the former won't be worth the paper it's printed on, as a recent case shows.