The U.S. District Court for the Southern District of New York held that certain syndicated loans sold to institutional investors are not "securities" and rejected claims of violations of federal and state securities laws.
Several congressional members urged Treasury Secretary Steven Mnuchin to address liquidity challenges facing mortgage servicers in order to prevent an "impending crisis" within the mortgage servicing sector.
The California Attorney General proposed additional modifications to proposed regulations for the California Consumer Privacy Act. The Act went into effect on January 1, 2020, and will be enforced starting July 1, 2020.
The Congressional Research Service provided an overview of the current authority of the Committee on Foreign Investment in the United States following the recent implementation of the Foreign Investment Risk Review Modernization Act.
The Precedential Opinion Panel of the Patent Trial and Appeal Board clarified what a petitioner must include in a patent dispute to establish that a potentially invalidating document was publicly available before the patent filing.