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Articles Tagged with NAMWOLF

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Illustration of computer monitor with six people video chattingPlease join KHF Managing Member Edward T. Kang (panelist) and Member Kandis L. Kovalsky (moderator) for an upcoming CLE, Next-Level ADR — The Future is Now for Arbitration in Complex Cases, during the NAMWOLF Virtual Annual Meeting, on September 16, 2020 from 4:00-5:00 PM ET.

The notable reasons for taking the arbitration route as opposed to heading to the Courthouse have only been exacerbated in recent months. We’ve seen what technology can (and can’t) do, what happens when the courthouse calendar gets further backlogged, and resources are slim. Where is arbitration heading in the legal profession?

Edward and Kandis will be joined by fellow panelists Nelson C. Bellido, Managing Partner of ROIG Lawyers in Miami, Florida; Marcus Wester, Senior Litigation Counsel, Harley-Davidson Motor Company; and Ingeuneal C. Gray, VP, Commercial Division, American Arbitration Association.

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In response to the 2008 financial crisis, Congress enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) in 2010, focused on addressing sectors of the financial services industry. Dodd-Frank was to be implemented over time: Section 1071 (15 U.S. Code § 1691c-2(a)) has been pushed back on the implementation timeline, as it does not become effective until the Consumer Financial Protection Bureau (“CFPB”) implements regulations – which it has not.

Section 1071 amends the Equal Credit Opportunity Act.  It requires financial institutions and governmental entities to compile, maintain, and submit data to the CFPB regarding credit applications submitted by women-owned, minority-owned, and small businesses.

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Kang Haggerty & Fetbroyt Members Edward T. Kang, Jacklyn Fetbroyt and Kandis L. Kovalsky are attending the 2020 National Association of Minority and Women Owned Law Firms (“NAMWOLF”) Driving Diversity & Leadership Conference in Fort Lauderdale, Florida from February 22nd to February 25th. Continue reading →

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When ALM’s The Legal Intelligencer, also published online at Law.com, convened their annual Roundtable Discussion on Diversity and Inclusion efforts, they turned to Kang Haggerty & Fetbroyt (KHF) managing member Edward T. Kang to serve as moderator.

The roundtable originally appeared in the October 15, 2019 edition of The Legal Intelligencer, and is available to read online at Law.com.

Besides his own first-hand experiences as a diverse lawyer, and leader of a minority-owned law firm in Philadelphia, Pennsylvania, Kang and his firm are active members of the National Association of Minority and Women Owned Law Firms (NAMWOLF). KHF is also certified as a Minority-Owned Business Enterprise by the Eastern Minority Supplier Development Council.

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Kang Haggerty & Fetbroyt Members Edward T. Kang and Jacklyn Fetbroyt, along with Associate Kandis L. Kovalsky, are attending the 2019 National Association of Minority and Women Owned Law Firms (“NAMWOLF”) Annual Meeting & Law Firm Expo.

If you are attending the NAMWOLF Annual Meeting, or find yourself in the greater L.A. area, come by to say hello to Edward, Jackie and Kandis.

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Edward T. Kang

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32891617344_251b416fd3_o-1024x512-1Social media continues to grow as the powerhouse of information flow in modern times, and while it often seems no one is policing the content and fact and fiction are often indistinguishable, the SEC is policing the statements of at least one social media influencer, Elon Musk.  After Musk tweeted in August of 2018 that he had secured financing to take Tesla private at $420 per share, the SEC filed a complaint alleging that his tweets comprised a series of “false and misleading statements” to his millions of followers. The resulting court-approved settlement, reached in October, stipulated that Musk had to seek pre-approval of any written communications – including social media posts – that contained or reasonably could contain information material to Tesla or its shareholders.  In connection with the settlement, Tesla and Musk were each required to pay $20 million to the SEC.

Just days ago, Musk was back under scrutiny, having tweeted, “Tesla made 0 cars in 2011, but will make around 500k in 2019” without pre-approval from his counsel and for that, the SEC filed an enforcement motion seeking to have Musk held in contempt.  Continue reading →

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Emoji overload? Billions of emojis are sent each day by family, friends, colleagues, co-workers and companies. With nearly 3,000 emojis in the Unicode Standard, it is difficult to stay fluent in emoji, which some experts have described as “the birth of a new language.” Edward T. Kang, Managing Member of Kang Haggerty & Fetbroyt LLC (“KHF”) and Kandis L. Kovalsky, Associate at KHF are working to shed light on the significance of emojis in business and in law.

At the end of September, Edward, Kandis and Jacklyn Fetbroyt, Member of KHF, joined hundreds of other lawyers at the 2018 Annual Meeting of the National Association of Minority and Women Owned Law Firms (“NAMWOLF”) to promote diversity in the legal profession through meetings, sessions and CLEs.  KHF presented a hit CLE to a full room titled “Emojis Speaking Louder Than Words? The Import of Emojis, Emoticons and Hashtags as Evidence at Trial and Beyond #😊.” Joined by five other panelists and a moderator, Edward discussed evidentiary and ethical issues involving emojis, social media and technology and why lawyers should care about emojis and hashtags.

By explaining how emojis can be used as critical evidence at trial, Edward and the other panelists helped practicing lawyers from all over the country understand that emojis are in more than a millennial’s social media feed. Emojis have found their way into courts through a variety of suits. Continue reading →

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In the September 2018 edition of the National Association of Minority and Women Owned Law Firms (“NAMWOLF”) Newsletter, Jacklyn Fetbroyt,  Member of KHF, writes Firm FinCEN’s Customer Due Diligence Rule and Implementation.

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In 2016, the Financial Crimes Enforcement Network (FinCEN) issued its final rule on customer due diligence and beneficial ownership requirements (the “CDD Rule,” 31 CFR Parts 1010, 1020, 1023, et al.), promulgated under the Currency and Foreign Transactions Reporting Act of 1970, as amended by the USA PATRIOT Act of 2001 and other legislation, which legislative framework is commonly referred to as the ‘‘Bank Secrecy Act.” Notably, the Bank Secrecy Act lacks a requirement that financial institutions know the identity of the beneficial owners of their accounts – i.e., the individuals who control legal entity customers – which therefore allow a shield of anonymity for the beneficial owners. To address this perceived weakness and the limit the money laundering that it enabled, FinCEN issued the CDD Rule on May 11, 2016, and it became effective on July 11, 2016; however, covered financial institutions—including federally regulated banks, federally insured credit unions, mutual funds, brokers and dealers in securities, futures commission merchants, and introducing brokers in commodities—had until May 11, 2018, to come into full compliance with the CDD Rule. Continue reading →

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JF-Square-300x275Philadelphia, PA (May 23, 2018): On May 21, 2018 Jacklyn Fetbroyt, Founding Member of Kang Haggerty & Fetbroyt, LLC was appointed Co-Chair of the Financial Services Litigation Practice Area Committee (“PAC”) for the National Association of Minority and Women Owned Law Firms (“NAMWOLF”).

With this position, Jacklyn looks forward to integrating more deeply into the NAMWOLF community, becoming more involved with members of the Financial Services Litigation PAC, and working with her co-chair, Sarah Oquist of the Minneapolis based Sapientia Law Group, PLLC, to grow the PAC in size and presence.

Kang Haggerty & Fetbroyt, LLC joined NAMWOLF, a nonprofit trade association dedicated to promoting diversity in the legal profession, in 2017 along with three of their PACs: Financial Service Litigation, Transaction and Trials.

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