California Supreme Court Eases Admissibility of Oral Statements in Contract Fraud Disputes

Schnader Alert by Melissa Lor:

Parties to a written agreement may now offer evidence of prior negotiations and discussions to contradict terms of the contract in proving fraud, in light of a recent California Supreme Court decision.

Please click here to read the full Alert.

FFIEC Proposes Guidance for Use of Social Media by Banks

Schnader Alert by Kevin Taylor:

The Federal Financial Institutions Examination Council recently proposed guidance for their respective regulated financial institutions regarding the use of social media. Comments on the proposed guidance are due on or before March 18, 2013. This Alert discusses the proposed guidance and how it may affect banks and other financial institutions.

Please click here to read the full Alert.

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