Topic
Penalties
122 published works
OSHA Law Blog
Congress Considering $700,000 OSHA Penalties
By Courtney M. Malveaux, Melanie L. Paul, Catherine A. Cano, Kristina T. Brooks
A Congressional committee has approved maximum penalties of $700,000 per item for violations of Occupational Safety and Health Administration (OSHA) standards. To read this article in its entirety, please click…
Consumer Financial Services Review
CFPB Remedies – Some Judicial Guideposts on Restitution and Penalties
By Ori Lev
The Dodd-Frank Act provides the Consumer Financial Protection Bureau (“CFPB”) with authority to obtain a broad range of legal and equitable remedies, as well as civil money penalties. Our recent…
Global Regulation Tomorrow
Commission consults on Delegated Regulation on supervisory fees, fines / penalties and derogation criteria for DRSPs
On 30 July 2021, the European Commission issued for consultation a draft Delegated Regulation to be adopted under Articles 2(3), 38k(10) and 38n(3) of MiFIR and deal with the supervision…
Wage and Hour Defense Blog
Illinois State Legislators Authorize Increased Wage Theft Penalties
By James (Jimmy) J. Oh, Kathleen A. Barrett
On May 25, 2021, both houses of the Illinois General Assembly approved an amendment to the State’s Wage Payment and Collection Act (“the Act”). The change would require employers who…
Webb & Morton PLLC Blog
FBAR Penalty – Per FBAR Due, Not Per Account
By Jason Morton
In a case of first impression, the Court of Appeals for the Ninth Circuit ruled that the IRS can impose only one non-willful penalty under 31 USC 5321(a)(5)(A) when an…
The Banker’s Suit
Court reminds us filing a “stale” bankruptcy claim can result in financial penalties beyond claim denial under relevant state law
In the world of bankruptcy, filing a proof of claim on time, i.e. before the claims bar date, is imperative, but filing “stale” claims can result in penalties bigger than…
China Law Insight
Exploring Relief in the US the Xiaomi Case
By King & Wood
This article examines a recent U.S. Court decision suspending economic penalties that the U.S. Government attempted to impose on Xiaomi Corporation (“Xiaomi”) based on loosely alleged connections between Xiaomi and…
International Compliance Blog
Client Alert: OFSI Revises Guidance on Monetary Penalties for Breaches of UK Financial Sanctions
On March 10, 2021, the UK Office of Financial Sanctions Implementation (OFSI) published a revised version of its Monetary Penalties for Breaches of Financial Sanctions Guidance (Guidance), which will come into force…
Canna Law Blog
Oregon Cannabis: OLCC Proposes Lowering Some Violation Penalties
By Jesse Mondry
A few months ago, I wrote on the Oregon Liquor Control Commission’s (OLCC) new Verification of Compliance (“Fix-it or Ticket”) program that focuses education rather than penalties for certain rule…
Webb & Morton PLLC Blog
FBAR Penalties: Per Account, Per FBAR
By Jason Morton
Just last year, a taxpayer in the Fifth Circuit won a case against the IRS challenging its assertion of non-willful FBAR penalties on a per account basis. Now, there is…