Harriet B. Alexson has been invited to be a contributor to the Group Legal Services Association (“GSLA”) Blog and Newsletter. GLSA is a nonprofit, ABA-affiliated organization for those involved in the legal services plan industry, which delivers legal services to a broad range of clients. GLSA provides the legal services plan community with education, support, […]
Continue reading →Harriet B. Alexson, Esq. will be participating at the TEEN ENTREPRENEUR ACADEMY (“TEA”) at Concordia University, School of Business, Irvine, CA the week of July 24th, 2017 as a speaker and mentor. TEA is a one-week residential program focused on education and training for aspiring high school entrepreneurs worldwide. The program includes speakers, coaches, mentors […]
Continue reading →Ballot Referendum on zoning ordinance allowed although inconsistent with the general plan-Land Use and Development In City of Morgan Hill v. Bushey (6th Dist., No. H043426, May 30, 2017) a zoning ordinance was allowed to be placed on the ballot even when the result was potentially to leave in place pre-existing zoning that is inconsistent […]
Continue reading →The Ninth Circuit Court of Appeals issued its decision in McKeen-Chaplin v. Provident Savings Bank, FSB, (“PSB”) No. 15-16758 on July 5, 2017. The appeal presents the question of whether a class of mortgage underwriters are entitled to overtime compensation under the Fair Labor Standards Act (“FLSA” or “the Act”), 29 U.S.C. § 201 […]
Continue reading →Compensation Practice The “finders” exemption, went into effect on January 1, 2016 at Corporations Code Section 25206.1. Finders who satisfy the requirements of the exemption can now receive transaction-based compensation on the sale of a security in California. The exemption is available to individuals (not otherwise registered as a broker-dealer or agent) who meet the […]
Continue reading →The Americans with Disabilities Act (“ADA”) prohibits workplace discrimination against individuals with disabilities and requires the elimination of physical barriers to public locations. There is an unresolved legal issue as to whether the ADA’s existing language applies to websites. The applicable provision of Title III of the ADA provides “[n]o individual shall be discriminated against […]
Continue reading →The Conference of State Bank Supervisors (“CSBS”), which represents state chartered banks nationwide, filed suit against the Office of the Comptroller of Currency (“OCC”) in the US district court of the District of Columbia in April, 2017, regarding the OCC’s issuance of a new non-bank “fintech charter”. The complaint alleges that the OCC is over-reaching […]
Continue reading →Does the Consumer Financial Protection Bureau (“CFPB”) have jurisdiction over “commercial credit”? Rep. Emanuel Cleaver II, raised certain concerns in a recent letter to the CFPB (the “Cleaver Letter”) , which can help us answer this question. As we know, fintech lending is based upon the use of algorithms to determine whether to provide commercial […]
Continue reading →Harriet B. Alexson will be the moderator for a panel on “Funding Emerging, Growth and Recovering Businesses” on May 16, 2017 at noon at Orange County Bar Association (“OCBA”) Headquarters in Newport Beach, Ca. The program is sponsored by the OCBA Banking and Lending Section. This program will discuss the business and legal requirements of […]
Continue reading →On March 15, 2017, the Office of the Comptroller of the Currency (“OCC”), the regulator and chartering authority for national banks and federal savings associations, issued a draft supplement to the Comptroller’s Licensing Manual entitled Evaluating Charter Applications from Financial Technology Companies (“Manual”). The Manual describes the process through which financial technology (“fintech”) companies may […]
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