Client Alerts

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“Massachusetts SJC Rules on Effect of 90/150-Day Right to Cure Notice on Validity of Foreclosure”
April 2014

David J. Pellegrino

Massachusetts Supreme Judicial Court Rules That Failure To Strictly Comply With The Statutory Notice of Right To Cure Does Not Automatically Void A Foreclosure Sale

“Usury Savings Clauses No Longer Save Lenders”
March 2014

Richard Nadeau

Commercial lenders in Rhode Island may no longer rely upon a Usury Savings Clause in loan documents. Most commercial loan documents contain such a clause

“Does Your Company Have An Information Security Program? Is it Up To Date?”
February 2014

John E. Ottaviani

The data breaches that Target, Michael’s, Nieman Marcus and other large companies have suffered recently have gained a great deal of attention in the media.

“President’s New “MyRA” Initiative: the Good, the Bad, and the Unknown”
January 2014

Kimberly I. McCarthy

In the State of the Union Address, President Obama announced that he has directed the IRS, through executive action, to create a new savings vehicle called “MyRA” (pronounced like “IRA”).

“Rhode Island Regulator to Seek Legislation Imposing Licensing for Mortgage Loan Servicers”
January 2014

At the January 28, 2014 meeting of the Rhode Island Governor’s Insurance Council, Joseph Torti III, Deputy Director and Superintendent of Banking for the Rhode Island Department of Business Regulation (the “DBR”)

“Make a New Year’s Resolution to Review Your Estate Plan in 2014”
January 2014

Each year, at this time, we remind our clients of the importance of keeping their estate plan up to date. Estate planning goals change over time for many reasons.

“RI Increased Employee Absences (and Headaches) due to the 2014 Temporary Caregiver Leave Law”
January 2014

Alicia J. Samolis
Kimberly I. McCarthy
Michael A. Gamboli

The TCI law allows employees to collect state benefits for any time in which the employee is unable to perform his or her regular and customary work because he or she is

“Bi-Weekly Pay in RI - Finally!!”
January 2014

Michael A. Gamboli
Kimberly I. McCarthy
Alicia J. Samolis

We alerted you a few weeks ago that while we were all excited about the prospect of bi-weekly pay, we were still waiting for the required application to appear on the Rhode Island Department of Labor and Training ("DLT") website.

“New IRS Guidance on Same-Sex Spouses and Cafeteria Plans”
December 2013

Kimberly I. McCarthy

Yesterday, the IRS issued specific guidance on how employers can address issues arising from the change in tax treatment for same-sex spouses under cafeteria plans.

“Bi-Weekly Pay Update - One Step Closer!!”
December 2013

Michael A. Gamboli
Kimberly I. McCarthy
Alicia J. Samolis

A few weeks ago we alerted you to the fact that although the somewhat infamous bi-weekly pay law was set to go into effect on January 1, 2014

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