NEWS
The latest updates from Keesal, Young & Logan.
Lenders and Servicers Beware – You Are at Risk of Having to Pay Attorneys’ Fees to Borrowers Who Obtain TROs to Hold Up Trustee’s Sales
Hardie v. Nationstar Mortgage LLC is a significant decision out of the Fifth District Court of Appeal holding that a plaintiff/borrower may obtain attorney’s fees under CC 2294.12(h) after prevailing at a TRO hearing. It relies heavily upon the Third District’s prior...
KYL Shareholder Julie Taylor has been invited to speak at the 2019 SIFMA Compliance and Legal Society Annual Seminar
Keesal, Young & Logan Shareholder Julie Taylor has been invited to speak at the 2019 Securities Industry and Financial Markets Association (SIFMA) Compliance and Legal Society Annual Seminar. Julie will be participating in the "Avoiding Pitfalls in the Recruitment...
Employment Alert: DOL Proposes Update to FLSA Exemptions
On Thursday, March 7, 2019, the U.S. Department of Labor (DOL) unveiled a long-awaited rule proposal to update the Fair Labor Standards Act’s (FLSA) “white collar” overtime exemptions. The proposed rule would increase the currently-enforced salary thresholds set in...
KYL Shareholder Lisa Bertain has been invited to speak at the 2019 SIFMA Compliance and Legal Society Annual Seminar
Keesal, Young & Logan Shareholder Lisa Bertain has been invited to speak at the 2019 Securities Industry and Financial Markets Association (SIFMA) Compliance and Legal Society Annual Seminar. Lisa will be participating in the "Litigation with Current Employees -...
KYL’s Chris Stecher Featured in Lawdragon Lawyer Limelight
Chris Stecher thrives on the rush of arguments and examinations at trial as well as the satisfaction of finding a solution before a case escalates – the paradox that he says has helped define his career at Keesal Young & Logan. The San Francisco-based shareholder,...
Securities Alert: Today’s NYDFS Deadline for Vendor Security Assessments
Third-party service providers (“vendors”) with lax security controls can pose a significant threat to a financial institution’s security, and that same risk can even cascade to the institution from their vendor’s vendor. Understanding and controlling those risks is...
Privacy Alert: SB 561 Could Turn the CCPA into Consumers’ Ultimate Weapon
On February 25, 2019, California Attorney General Xavier Becerra and California State Senator Hannah-Beth Jackson introduced Senate Bill 561, legislation intended to strengthen and clarify the new California Consumer Privacy Act (“CCPA”). If passed, the bill will...
Recent result: KYL Obtains “Zero” Award on Behalf of a Financial Services Client
In a recent AAA Arbitration, KYL obtained a complete defense award related to a former mortgage specialist’s claims for disability discrimination, failure to accommodate, failure to engage in the interactive process, retaliation, and wrongful termination. The former...
KYL’s Elyse Whitehead Featured in Lawdragon Lawyer Limelight
For Elyse Whitehead, Keesal Young & Logan is all about “the people” – the unique collegial environment that makes the firm a great place to build a career. Within her practice, the San Francisco-based attorney enjoys the ongoing challenge of helping clients piece...
Employment Alert: Protect Your business in 2019 — Prepare for Changes in California Employment Law
As always, the changing of the calendar year triggers the arrival of new laws with important implications for California employers. Many new laws stem from the #MeToo movement, and most expand protections for employees in 2019 and beyond. Additionally, several laws...
Recent Result: KYL Obtains Dismissal of 1933 Act Securities Class Action
Keesal, Young & Logan attorneys Peter Boutin and Chris Stecher, in collaboration with Texas counsel, recently obtained the dismissal of a Securities Act of 1933 class action pending in Texas state court. The dismissal is one of the first dismissals of a ’33 Act...
The Daily Journal Selects Keesal, Young & Logan as a Top Boutique Law Firm in California for 2018
LONG BEACH, CA – November 8, 2018 – The Daily Journal has selected Keesal, Young & Logan (“KYL”) as one of the Top Boutiques in California for 2018. Founded in 1970 by Samuel A. “Skip” Keesal, KYL has a robust practice handling securities, employment, business...
SEC: Victims of Cyber Scams May Also Face Enforcement Actions
Savvy companies know that one of the most effective ways to protect themselves against cyber-related fraud is to train employees to recognize signs of cyber scams and avoid falling prey to them. The Securities and Exchange Commission (“SEC”) has added one more reason...
KYL Shareholder Stacey Garrett analyzes the implications of California’s new consumer privacy law and offers five practical business solutions
California sent shock waves around the world in June 2018 when lawmakers unanimously approved the California Consumer Privacy Act. The new California privacy law is the toughest, most consumer-friendly privacy regulation in the United States. Although businesses with...
Securities Alert: SEC Vacates and Remands All Pending Administrative Enforcement Proceedings in the Wake of Lucia v. SEC
The Securities and Exchange Commission continues to revamp its administrative enforcement procedures to steer clear of additional constitutional challenges based on the SEC’s use of administrative law judges (“ALJs”). The SEC’s latest order is in response to the...
Recent Result: Victory for Respondent on an $8.5 Million Claim in a 36-day AAA Securities Arbitration. In Addition, Respondent was Awarded $4.1 Million Net on Its Counterclaims.
Keesal, Young & Logan shareholders Neal Robb and Esther Cho obtained a defense award in an arbitration before the American Arbitration Association that spanned nearly 7 years of litigation. The main Claimant, a CPA, had been the partner and a client of...
Nine KYL Shareholders Named to 13 Different Specialties in 2019 Edition of The Best Lawyers in America©
The 2019 list of "The Best Lawyers in America," the results of an extensive peer review process, was released today. Keesal, Young & Logan (KYL) lawyers have been listed in Best Lawyers for 26 years straight and the firm is proud to have nine of its shareholders...
KYL and Mitratech Announce Workflow Automation Partnership with the Launch of Keesal Propulsion Labs
NEW YORK, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Keesal, Young & Logan (KYL) and Mitratech announced today the TAP Workflow Automation partnership to help a greater number of legal professionals quickly implement standardization and compliance across a wide range of...
Alert: California Supreme Court Holds CashCall’s Interest Rate on Consumer Loans Might Be Unconscionable
Yesterday (August 13, 2018) the California Supreme Court held in De La Torre et al. v. CashCall that consumer loans exceeding $2,500 made by California licensed lenders may be unconscionable because of high interest rates. Before yesterday’s decision, the prevailing...
KYL Obtains Defense Award on $1 million Securities Claim
KYL successfully obtained a defense award from a FINRA arbitration panel on behalf of a major brokerage firm on a claim for approximately $1 million brought by a customer who alleged that her account underperformed the market, that the firm was responsible for a large...
KYL Obtains Defense Award on $1 million Securities Claim
KYL successfully obtained a defense award from a FINRA arbitration panel on behalf of a major brokerage firm on a claim for approximately $1 million brought by a customer who alleged that her account underperformed the market, that the firm was responsible...
Securities Alert: What Judge Brett Kavanaugh’s Appointment to the Supreme Court Could Mean for the Securities Industry
President Donald J. Trump has nominated Judge Brett Kavanaugh to the Supreme Court of the United States. This Alert examines two of Judge Kavanaugh’s recent opinions regarding SEC enforcement procedures and analyzes how Judge Kavanaugh, if confirmed to the high...
Alert: E.U.-U.S. Privacy Shield may be Eliminated as of September 1, 2018
It’s been a dizzying two months for organizations trying to comply with new global and domestic privacy rules. First, on May 25, 2018, the European Union’s General Data Protection Regulation (GDPR) went into force. (See GDPR Day is Here: Why U.S. Companies Should...
Law.com feature by KYL’s Justin Hectus and Kristy Sambor Covers the Intersection of Blockchain and GDPR
Law.com feature by KYL’s Justin Hectus and Kristy Sambor Covers the Intersection of Blockchain and GDPR In a nutshell, GDPR mandates that individuals have access and control over the use and maintenance of their data in certain circumstances, while the...