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Join us for an in-depth discussion on the intersection of cryptocurrency technology and First Amendment protections. As digital currencies and decentralized platforms continue to grow in use and influence, questions arise about their classification and rights within the legal framework of free speec

NOTE: The information contained in the following alert is up-to-date as of March 15, 2023. News and events are evolving, so check the websites for the FDIC and the applicable banks for updates and announcements.Start-up, emerging, middle market and other companies and their founders, executives, and

NOTE: The information contained in the following alert is up-to-date as of March 15, 2023. News and events are evolving, so check the websites for the FDIC and the applicable banks for updates and announcements.Start-up, emerging, middle market and other companies and their founders, executives, and

The South Carolina Supreme Court recently issued Administrative Order No. 2020-05-06-01 adopting a court form for the foreclosing party to use when certifying compliance with the Coronavirus Aid, Relief, and Economic Security (CARES) Act in foreclosures. The foreclosure form is available here and ha

RALEIGH — North Carolina Lawyers Weekly has selected Nelson Mullins Administrative Manager Nancy Childers for a 2019 Unsung Heroes. The award recognizes dedication to duty and the positive influence recipients have on others, according to the organization.Based in Raleigh, Childers oversees more tha

Please select this link for an updated loan modification chart that lists permitted modification to consumer loans and accounts. Many of our clients have been asking about what they can and cannot do with consumer consent. This chart also contains links (updated through today) to all public state re

The Securities and Exchange Commission (“SEC”) released Staff Accounting Bulletin No. 121 (“SAB 121”) on March 31, 2022. SAB 121 provides SEC staff’s views regarding accounting treatment of obligations incident to a reporting company’s custody of crypto-assets for its platform users. The staff notes

CHARLESTON, S.C. — Nelson Mullins Riley & Scarborough LLP Charleston Office Managing Partner John C. McElwaine has been selected as a World Trademark Review Global Leader.Now in its second year, this new guide entitled, “WTR Global Leaders 2020” brings together the world’s foremost law firm and corp

Congress on Monday approved a deal on a $900 billion COVID-19 economic relief package, which is expected to be signed into law within the next few days. The bill provides $12 billion in support to small lenders focused on low-income and minority communities, buttressing minority-owned banks (MDIs) a

The Office of the Comptroller of the Currency (“OCC”) adopted a final rule on June 2, 2020 that clarifies that when a bank transfers a loan, the interest permissible before the transfer continues to be permissible after the loan is transferred, a doctrine referred to as “valid when made.” This rule

Dallas partner Paula Pendley was featured on a recent episode of the Coin Stories podcast, titled “Legally Bitcoin with Paula Pendley: The Intersection of Bitcoin, AI, & Legal Power Plays.” Hosted by Natalie Brunell, the podcast focuses on one-on-one interviews with thought leaders in Bitcoin and ma

* Brianna Drayton, a 2022 summer associate at Nelson Mullins, co-authored this publication.This article discusses whether it is time for the U.S. government to rethink its position and speed up adoption of cryptocurrency as an official currency. The authors point out that investment in digital asset

Nelson Mullins senior associate Jeffrey Kelly will be speaking at North Carolina Central University's (NCCU) upcoming Technology Law and Policy Center Inaugural Law and Technology Summit. The hybrid event will be held on the NCCU campus and virtually. The summit aims to bring together some of th

ATLANTA – Nelson Mullins Riley & Scarborough LLP, a full-service national law firm with offices from coast to coast, is pleased to welcome partner Jim Dudukovich to its corporate practice in Atlanta. Dudukovich brings three decades of multifaceted legal experience to the role and will spearhead the

“Build it or buy it?” The question is not just for home buyers — it also applies to those seeking to start a bank.There are two well-established ways to start a bank and, at any given time over the past 40 years, it has usually been clear which approach made more sense.In the 1990s, high regulatory

The SEC announced today that it reached a settlement with Poloniex, LLC (“Poloniex”), in connection with the SEC’s inquiry that began back in December 2017 into whether Poloniex operated an exchange under federal securities laws without registering as an exchange. Specifically, the SEC alleged that

In an article published by American Banker discussing a recent announcement from the Consumer Financial Protection Bureau detailing plans to develop interpretive guidance that would extend many existing consumer credit card protections to Buy Now, Pay Later loans – which could slow the installment-l

ATLANTA – OUT Georgia Business Alliance recently named Nelson Mullins Riley & Scarborough LLP as a finalist for its 2020 Community Honors in the category of Corporate LGBTQ+ Ally of the Year.OUT Georgia nominated the firm as a “corporate partner or member that has shown exemplary support to the LGBT

Nelson Mullins will have its annual Financial Services Conference in Washington, D.C. This event will feature a lineup of national speakers on the future of financial services. The conference agenda is available here.For those who cannot attend in person, there is an option to attend virtually. Plea

In a famous Seinfeld episode, a master soup maker had strict rules for ordering his delicious confections.  A violation of his rules, resulted in “No soup for you!”  Just like the soup maker who had the power to withhold soup from anyone who violated the rules for ordering soup, the U.S. Securities

COLUMBIA, S.C. — Nelson Mullins Riley & Scarborough LLP recently recognized two partners and two associates with Claude M. Scarborough Pro Bono Awards for their outstanding commitment and contributions to pro bono work in 2020 and 2021. The award is named for the late Chair Emeritus Claude Scarborou

RALEIGH -- Nelson Mullins Riley & Scarborough is pleased to announce that 16 of its North Carolina-based attorneys have been inducted into the 2019 North Carolina Pro Bono Honor Society by the North Carolina Pro Bono Resource Center (PBRC). Society members reported providing 50 or more hours of pro

Please join Nelson Mullins Riley & Scarborough for the 2021 South Florida Health Forum. We look forward to reconnecting with you after a year away from our annual event.Agenda11-11:55 a.m. | Registration and Lunch11:55 a.m.-12 p.m. | Welcome and Opening Remarks, Mike Segal, Nelson Mullins12-12:55 p.

* Brianna Drayton, a 2022 summer associate at Nelson Mullins, co-authored this publication.This article discusses whether it is time for the U.S. government to rethink its position and speed up adoption of cryptocurrency as an official currency. The authors point out that investment in digital asset

COLUMBIA, S.C. – Jody Bedenbaugh, a partner in Nelson Mullins Riley & Scarborough LLP’s Columbia office, joins other distinguished leaders from across South Carolina to participate in the Diversity Leaders Initiative (DLI), an award-winning program of Furman University’s Riley Institute, now in its

Governor Baker issued the Third Revised Order Regulating Gatherings Throughout the Commonwealth (the “COVID-19 Order No. 46”) on Aug. 7, 2020. Pursuant to COVID-19 Order No. 46, starting on Aug. 11, 2020, the following limitations on social gatherings are mandatory: Indoor gatherings are limited to

Richard B. Levin, Daniel Newman, and Bobby Wenner of the Nelson Mullins FinTech and Regulation Practice recently published an article in the 2024/25 edition of the International Fintech Review. The article discusses the use of the major questions doctrine by defendants in enforcement actions by the

The SEC announced on May 3, 2022 that 20 additional positions will be allocated to the Crypto Assets and Cyber Unit within the Division of Enforcement. The announcement specifically identified crypto asset offerings, crypto asset exchanges, crypto asset lending and staking products, decentralized fi

Nelson Mullins partner Deborah St. Lawrence Thompson has been selected as one of The Daily Record’s 2023 Leaders in Law due to her outstanding dedication to the occupation and her community.Through Leaders in Law, The Daily Record and the Maryland State Bar Association honor outstanding legal profes

GREENVILLE, S.C. — Nelson Mullins Riley & Scarborough LLP has been shortlisted by the Financial Times for its 2023 Innovative Lawyers Awards for North America in the category of Innovative Lawyers in Deals & Financing.The firm has been recognized for its representation of Redemption Holding Company

In an article published by Bloomberg Law, Nelson Mullins attorneys Mallory Acheson and Jason Epstein discuss data collection and discovery implications of increasing investment and participation in virtual technologies like the metaverse, including growing litigation involving intellectual property

LOS ANGELES – Los Angeles Office Managing Partner Richard H. “Rich” Otera has joined the Board of Directors of Community Legal Aid SoCal (CLA SoCal). The organization helps fight injustice by providing compassionate, high-quality legal aid to immigrants, homeless, elderly, abused, low income, and ot

COLUMBIA, S.C. — The partners of Nelson Mullins Riley & Scarborough LLP re-elected James K. Lehman as Managing Partner of the firm to a three-year term effective Jan. 1, 2024.Lehman began his role as the managing partner in 2012, and under his leadership during the past 12 years, the firm has experi

The Internal Revenue Service (“IRS”) issued final regulations on December 27, 2024, relating to information reporting requirements for brokers of digital asset transactions. Treasury Rule No. 2024-30496, “Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset

Nelson Mullins FinTech attorneys Richard Levin, Kevin Tran, and Bobby Wenner recently co-authored a chapter titled “HAL, the Terminator, and Agent Smith entered a bar; Regulation of Artificial Intelligence in the United States,” in Global Legal Insights’ AI, Machine Learning & Big Data 2024. This ch

Employers engaged in critical infrastructure face significant challenges in maintaining business operations while ensuring the health of their employees and the public. While many employees are now working remotely, employers engaged in essential services do not have that luxury.As a result, busines

CHARLESTON, S.C. — Nelson Mullins Riley & Scarborough LLP Charleston Office Managing Partner John C. McElwaine has been ranked in the 2021 edition of World Trademark Review 1000.He is ranked in WTR1000 both nationally and in the D.C. Metro Area for trademark enforcement and litigation and in the D.C

Nelson Mullins partners Matthew Lindenbaum and Robert Lindholm, associate Daniel Curran, and chair of the FinTech and Regulation Practice, Richard B. Levin, recently had their article, “Gov't Backtrack On Ether As Security May Spur Crypto Clash,” featured on Law360. In the article, the trio of s

Nearly all of our student financial aid clients are calling about this one, so wanted to pass this on to the world. Last week, the National Association of Student Financial Aid Administrators (NASFAA) reported that the U.S. Department of Education reversed its prior interpretation and confirmed that

COLUMBIA, S.C. — The South Carolina Department of Corrections is renaming one of its signature family programs in honor of former U.S. Secretary of Education and former South Carolina Governor Richard Riley, who is currently a senior partner with Nelson Mullins.Now called “Riley’s Readers,” the form

Nelson Mullins attorneys Jon Talcott, Mike Bradshaw, Peter Strand, Gary Brown and Kaylen Loflin, with assistance from Wells Hall and Drew Hermiller, represented the underwriters, led by B. Riley Securities and Needham & Company as joint book-running managers, in a $40 million initial public offering

Nelson Mullins partner Richard Levin will be speaking on a panel at Hong Kong FinTech Week on Nov. 2, 2023, at the Hong Kong Convention and Exhibition Center in Wan Chai North, Hong Kong Island. Levin will be speaking on a panel titled "Risks and Opportunities of Emerging Products: Crypto Deriv

Nelson Mullins partner Richard Levin will speak on Thursday, Jan. 26 from 1:45–2:45 p.m. MST at the 2023 Rocky Mountain Bankruptcy Conference. Levin will be speaking during a segment focused around cryptocurrency, which is just a part of the conference's larger theme centered around current econ

Nelson Mullins Financial Institutions Corporate & Regulatory Partner Craig Nazzaro was quoted by S&P Global Market Intelligence in an article titled “Banks can expect return to strict oversight of anti-money laundering rules.” The article discussed how banks may now face increased enforcement from r

On Monday, the North Carolina Department of Health and Human Services announced the recipients of five Prepaid Health Plan (PHP) contracts for Medicaid managed care.  The four statewide PHP contracts were awarded to AmeriHealth Caritas NC, Inc., Blue Cross and Blue Shield North of Carolina, UnitedHe

New York partner Lori Anne Czepiel will join industry leaders on the panel "Banking on Innovation: Shaping the Future of Financial Services" at the Banking Transformation Summit on Tuesday, Nov. 19. The panel includes Cynthia Jackson with U.S. Bank, Amina Turgulova with Solidus Labs, and L

The U.S. Attorney’s Office for the Southern District of New York recently charged two individuals for allegedly participating in a scheme to defraud purchasers of “Frosties” non-fungible tokens (or “NFTs”) out of over $1 million. The two-count complaint charges Ethan Nguyen (aka “Frostie”) and Andre

Massachusetts has commenced “Phase 1” of its economic reopening plan, with staggered sector-specific reopenings beginning on May 18, 2020, followed by additional reopenings on May 25, 2020 and June 1, 2020. Massachusetts’ staggered Phase 1 sector-specific reopenings are as follows:Phase 1 May 18, 20

CHARLESTON, S.C. — Nelson Mullins Riley & Scarborough LLP Charleston Office Managing Partner John C. McElwaine has been ranked in the 2022 edition of World Trademark Review 1000.He is ranked in WTR1000 both nationally for trademark enforcement and litigation and in the D.C. Metro Area for trademark

WASHINGTON, D.C. – Nelson Mullins Riley & Scarborough LLP’s Charleston office managing partner John C. McElwaine has been selected as a 2023 World Trademark Review Global Leader. Now in its fifth edition, the guide, entitled the “WTR Global Leaders: Private Practice” lists McElwaine as a Global Lead

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