Ops, MLO jobs; Marketing, Subservicing, HFA, Warehouse Products; Agency/GSE Changes May 19 2021, 8:02AM
Face facts: There are many differences between men and women. One of which is that when returning home from the grocery store, women typically are more level-headed and carry normal bag loads, whereas men typically carry as many bags as possible to save trips, sometimes with unfortunate consequences. I bring this up because the same bag of groceries seems to cost more as time passes, but (here’s your Tuesday Trivia) more shipping containers have been lost, off of ships at sea, in the first two months of this year than normally are lost during an entire year! Economists love talking about how raising the minimum wage impacts the labor force, and inflation, and Bank of America’s announcement yesterday that it is raising its minimum wage to $25/hour by 2025 (catchy) turned a lot of heads. (More inflation news below in the capital markets section.) Tod
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Building Relationships with Tribes and Operating on Reservation Lands: Lessons From
FMC v. Shoshone
On 11 January 2021, the United States Supreme Court declined a petition to review the Ninth Circuit’s decision in
FMC Corporation v. Shoshone-Bannock Tribes. In that case, the Ninth Circuit upheld a tribal court decision requiring FMC Corporation (FMC), a non-Indian business, to pay a tribally-assessed annual permit fee of US$1.5 million to store hazardous wastes from FMC’s phosphorous plant operations on the Shoshone-Bannock Tribes (Tribes) Fort Hall Reservation (Reservation). Given that companies are increasingly engaging with Native American tribes on long-term relationships to develop and operate wind, solar, agriculture, retail, and other projects on tribal lands, the Ninth Circuit’s decision provides a unique and timely opportunity to see how tribal jurisdiction can play out in the context of non-Indian companies conducting business on reservation lands.
Wednesday, January 20, 2021
Building Relationships With Tribes And Operating On Reservation Lands: Lessons From FMC v. Shoshone
On 11 January 2021, the United States Supreme Court declined a petition to review the Ninth Circuit’s decision in
FMC Corporation v. Shoshone-Bannock Tribes. In that case, the Ninth Circuit upheld a tribal court decision requiring FMC Corporation (FMC), a non-Indian business, to pay a tribally-assessed annual permit fee of US$1.5 million to store hazardous wastes from FMC’s phosphorous plant operations on the Shoshone-Bannock Tribes (Tribes) Fort Hall Reservation (Reservation). Given that companies are increasingly engaging with Native American tribes on long-term relationships to develop and operate wind, solar, agriculture, retail, and other projects on tribal lands, the Ninth Circuit’s decision provides a unique and timely opportunity to see how tribal jurisdiction can play out in the context of non-Indian companies conducting busine