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Banking Groups Oppose CFPB’s Proposed Changes to Credit Card Late Fee Safe Harbor

Bankers are gearing up to oppose an effort by the Consumer Financial Protection Bureau (CFPB or Bureau) to prevent an increase in allowable late charges for credit cards. In letters dated August 1, the American Bankers Association, Consumer Bankers Association, Credit Union National Association, and National Association of Federally ‐ Insured Credit Unions (Associations), as …

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Spotlight: key liability issues for the aviation sector in Serbia

All questions Legal framework for liability i International carriage The importance of regulating contractual legal relationships and damage caused by air traffic was recognized, and the Kingdom of Yugoslavia was one of the High Contracting Parties to the Warsaw Convention.9 Serbia, as a successor of the FRY, accepted the Montreal Convention (1999) a decade later, …

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Massachusetts Paid Family and Medical Leave Act Allows Adding Accrued Sick, Vacation Pay to Benefits

A provision in the enacted state budget for fiscal year 2023 amends the Massachusetts Paid Family and Medical Leave Act (PFMLA) to provide employers and employees more flexibility to use other accrued benefits to supplement paid benefits received from the state. Beginning in 2021, nearly all Massachusetts employees are entitled to receive up to 12 …

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