Banking Law Alert Newsletter – Feb. 2014

February 28th, 2014   •   Comments Off on Banking Law Alert Newsletter – Feb. 2014   

2014 Banking Newsletter 022814   ( Click here for a PDF download version ) MORTGAGE SERVICE OPERATIONS  Two sets of regulations implementing the mortgage servicing provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (collectively the “Rule”) took effect on January 10, 2014. The Rule significantly alters mortgage servicing operations by requiring banks servicing… Read More

Be Cautious With Use of Liquidated Damages!

January 30th, 2014   •   Comments Off on Be Cautious With Use of Liquidated Damages!   

Be Cautious With Use of Liquidated Damages   In many contracts, the parties do not want the time and expense of litigating the element of damages for nonperformance by one party or the other. The case of Bachour vs. Mason illustrates an example of where the Court did not enforce a liquidated damages provision in a contract…. Read More

Employment Law Fall Newsletter – 2013

January 6th, 2014   •   Comments Off on Employment Law Fall Newsletter – 2013   

 “Misconduct” expanded for Unemployment Benefits cases   Tennessee has recently expanded the definition of “misconduct” disqualifying persons from receiving unemployment benefits.  As of July 1, 2013, “misconduct” now includes any conduct constituting a criminal offense for which the claimant has been convicted or charged that: involves dishonesty arising out of the claimant’s employment or was… Read More

Tort & Insurance Newsletter – Dec 2013 Part I

January 6th, 2014   •   Comments Off on Tort & Insurance Newsletter – Dec 2013 Part I   

The Great Outdoors:   A Review of Tennessee’s “Recreational Use” Statute   We in Tennessee know our state has an abundance of beautiful land to enjoy.  We also know that any outdoor excursion comes with the risk of injury or an accident.  But not many may know Tennessee has a “recreational use” statute that could offer… Read More

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