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The Paley Rothman Blog

Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our attorneys. The information in the blogs and articles is not a substitute for legal advice and should not be relied on as such. Should you have any questions or want legal advice, please contact the attorney who wrote the blog or article.

Employment Law

Senate Considers Non-Discrimination Act (ENDA)

On October 28, 2013, Senate Majority Leader Harry Reid (D-Nev.) announced that the United States Senate may in the very near future vote on the Employment Non-Discrimination Act (ENDA), which would prohibit workplace discrimination on the basis of sexual orientation and gender identity. As this is written on the afternoon of November 4, ENDA stands only one vote short of the 60 needed to eliminate the possibility of a filibuster.

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Employment Law

Subcontractors & Affirmative Action Regulations?

As we have previously reported, the Office of Federal Contract Compliance Programs (OFCCP) has issued new regulations supplementing government contractors’ obligations to engage in affirmative action. It is important to note that these regulations apply not only to prime contractors but also to certain subcontractors.

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Financial Services

Non-Recourse Mortgage Loans May Not Be Non-Recourse

Commercial mortgage-backed securities (CMBS) or Conduit loan borrowers would likely be startled to learn that their so-called “non-recourse loans” may not be non-recourse after all when there is a payment default. Contrary to what Conduit borrowers would reasonably believe they had bargained for, a simple payment default (not caused by any fraud, misapplication of funds or other “bad boy” acts) could result in full borrower responsibility for repayment of any deficiency.

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