The Eagle
Jan. 24, 2014

New CFPB rules start this year
The New York Times
The rules, issued by the federal Consumer Financial Protection Bureau, were issued in early 2013 but begin next week.More

US business bankruptcies dropped 24 percent in 2013
Reuters
Business bankruptcy filings in the United States. In recent years as the U.S. Federal Reserve has kept borrowing costs low.,the number of filings have fallen in every state but rose by 7 percent in Puerto Rico. More

Making expansion into Asia profitable a tricky business
The Legal Intelligencer
As many Am Law 200 firms look beyond mainland China to Asian markets less populated by U.S. law firms, Duane Morris is entering the country for the first time with its planned Shanghai location. More

Sale of bad debt by utility companies: Proceed with care
By Hannah F.G. Singerman, Esq.
Selling uncollectable or "bad" debt has become a new and interesting prospect for many utility companies. Sale of such debt can free-up workers, provide instant income for the company, and create more financial certainty. It could also, in theory, alleviate the need for controversial rules like Texas' "Switch-Hold Rule", because the utilities and the state would be unburdened by the collection costs. Further, it may simplify the work needed for utilities in tracking bad debt expenses in states which require such record keeping and analysis. More

7 tests to tell if you have just cause to fire
Corporate Counsel
You might think you have good reason to let someone go. But it really depends on who's being fired, especially if it's a unionized worker. More