The National Law Forum

The Blog of the The National Law Review

Category Archives: Financial Services Law

European Union’s New Regulation to Attach Bank Accounts Pre and Post Judgment

Applicable as of January 18, 2017, a recently adopted European regulation facilitates cross-border debt recovery by enabling creditors to obtain a “European Account Preservation Order” (the “EAPO”) given by one judge in a member state and attach a debtor’s bank accounts in another EU member state without further court proceeding. The EAPO will enable creditors …

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Recent Trends in ESOP Litigation — Employee Stock Ownership Plan

There has been a lot of attention in the world of employee ownership plans to the 2014 Supreme Court Decision in Fifth Third Bancorp v. Dudenhoeffer. In that case, the Court ruled that “the law does not create a special presumption favoring ESOP (Employee Stock Ownership Plan) fiduciaries. Rather, the same standard of prudence applies …

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