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March

19
2024
Industry News

VALLEY HEALTH SYSTEM LLC v. MURRAY (2024)

LaQuinta Whitley-Murray passed away at Centennial Hills Hospital Medical Center during a sickle cell crisis. Respondent, on behalf of LaQuinta's estate and heirs, filed a negligence action against appellant Valley Health Systems, which operates Centennial Hills. A jury awarded respondent over $48 million in compensatory and punitive damages combined. Concluding respondent had prevailed under a theory of breach of fiduciary duty, the district court upheld the awards and declined to apply NRS Chapter 41A's statutory caps on damages in professional negligence actions.

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March

19
2024
Industry News

Georgia Senate Moves to Suspend Data Center Tax Breaks

A state Senate committee backed legislation — which has already passed the House — to suspend sales tax breaks on new data centers that lawmakers say aren’t giving the state financial return on its investment.

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March

19
2024
Industry News

CFPB releases consumer advisory for student borrowers notifying them of April deadline to cancel

On March 11, the CFPB published a consumer advisory notifying student loan borrowers that they may have an opportunity to cancel or receive credits toward the cancellation of their student loans but some borrowers will need to consolidate their loans by April 30 in order to obtain the benefit.

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March

19
2024
Industry News

CFPB Announces Effective Date for Credit Card Fee Rule Amid Legal Challenges

The rule taking effect in two months is the subject of a U.S. Chamber of Commerce lawsuit against the CFPB’s authority to enact the rule.

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March

19
2024
Industry News

New York Attorney General sues over 25 lenders for predatory lending operation

On March 5, New York Attorney General Letitia James released a verified petition against 27 lenders accusing them of a “large-scale, predatory lending” operation in which they allegedly misrepresented themselves in order to issue small businesses short-term loans at “sky-high interest rates” in violation of New York Executive Law §63(12).

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