FDA Severly Restricts Avandia Use

Courtesy of Lawyers and Settlements.com San Francisco, CA -- Following the US Food and Drug Administration's announcement that it was severely restricting use of Avandia, and the European Medicines Agency's announcement that Avandia was being pulled from the market, patients in the US could be forgiven for wondering what they should do next. The move by the Food and Drug Administration (FDA) and the European Medicines Agency (EMA) shows that concern about Avandia side effects is far-reaching. But patients currently taking Avandia, and concerned about Avandia risks, might ask whether they should continue with the medication. Although the FDA announced severe restrictions for Avandia usepatients put on the medication must be shown to be unresponsive to any other diabetes drugs on the marketthe approximately 600,000 or so US patients who are currently taking Avandia will be allowed to … [Read more...]

Lewis R. Cohen: Bureau Expands Regulation of Residential Mortgage Loan Transactions

Lewis Cohen

LEWIS R. COHEN, ESQ. –   The Consumer Financial Protection Bureau (“CFPB”) has implemented sections 1411 and 1412 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”), by amending Regulation Z, which implements the Truth in Lending Act (“TILA”). Regulation Z formally prohibited a residential mortgage lender from making a “higher priced” residential mortgage loan without regard to the consumer’s ability to repay the loan.  A “higher priced” loan is a residential mortgage loan with an interest rate greater than the Average Prime Offer Rate (“APOR”), as published by the Federal Reserve Board, plus a margin. The margin over the APOR index varies, depending on whether the loan is secured by a first lien on the dwelling, a second lien on the dwelling, or whether the loan is a jumbo loan.  Sections 1411 and 1412 of the Act as … [Read more...]

Supreme Court Justice Labarga to speak at OCBA luncheon

The Honorable Jorge Labarga, Florida Supreme Court Justice, is the featured speaker at the Orange County Bar Association October luncheon on Oct. 28. Justice Jorge Labarga was born in Cuba in 1952. He is married to Zulma R. Labarga, and they have two daughters. He arrived in the United States at the age of 11 and lived with his family in Pahokee, Florida. He graduated from Forest Hill High School in West Palm Beach in 1972 and received his B.A. (1976) and J.D. (1979) from the University of Florida. Justice Labarga began his legal career in 1979 as an Assistant Public Defender with the Public Defender's Office in West Palm Beach, assigned to the appellate, misdemeanor and felony trial divisions. In 1982 he joined the State Attorney's Office in West Palm Beach, where he tried cases ranging from theft to homicide. In 1987 he joined the firm of Cone, Wagner, Nugent, Roth, Romano & … [Read more...]

Stetson Law students take Veterans Law competition

GULFPORT, Fla. Will Hurter and Erin Isdell, Stetson University College of Law students, won the Veterans Law Appellate Advocacy Competition in Washington , D.C. It is the second year in a row that Stetson Law has won the competition. Hurter also won the Best Advocate Award, the highest individual award in the competition. The Stetson team also won two out of three awards in the competition, sponsored by the U.S. Court of Appeals for Veterans Claims and the Court of Appeals for Veterans Claims Bar Association. We could not be prouder of our students, said Stetson Law Moot Court Advisor and professor Brooke Bowman. Hurter and Isdell have helped Stetson win its third moot court competition in the past five months. It is an extraordinary start to the school year. Students competed at the U.S. Court of Appeals for Veterans Claims in the semifinal and final rounds, beating a team from … [Read more...]

Lowndes' Cerasa to chair Blue Note Ball

ORLANDO, FL Jennifer Fall Cerasa, an associate with Lowndes, Drosdick, Doster, Kantor & Reed, P.A., was recently appointed to serve as the Chair of the 2011 Blue Note Ball, a fundraising event for the Junior League of Greater Orlando. The event, which is the largest annual fundraiser for the organization, will be held on Saturday, April 9th at the Orlando Science Center. All proceeds will go directly to support the league's mission and efforts to improve childhood health, hunger and poverty. Ms. Cerasa has served as the Assistant Chair last year and is looking forward to the upcoming event. I am delighted to be able to contribute my time and efforts to such a wonderful organization, said Ms. Cerasa. There are a lot of people struggling in our own community right now and it is very important that we come together and lend a hand to those in need. At the firm, Ms. Cerasa focuses on … [Read more...]