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Archive by tag: Kelley Drye & Warren LLPReturn

Remedial Amendment Period for 403(b) Plans ending on March 31, 2020

March 31, 2020 is the deadline for retroactively correcting most 403(b) plan document defects that occurred on or after January 1, 2010. These defects can be corrected by amending an individually-designed 403(b) plan or by adopting a pre-approved...By: Kelley Drye & Warren LLP
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Kelley Drye & Warren LLP | Nov 25,2019 |

It Starts at the Top

What’s happening at McDonald’s should serve as an important lesson for many employers. In the past two weeks, it was reported that its CEO resigned or was terminated (depending on what news outlet you read) because he exercised “poor judgment” by...By: Kelley Drye & Warren LLP
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Kelley Drye & Warren LLP | Nov 22,2019 |

IRS Issues Final Hardship Distribution Rules

The Internal Revenue Service has recently issued final regulations easing requirements for hardship distributions from 401(k) and 403(b) plans. The final regulations reflect a number of statutory changes, including those made under the Bipartisan...By: Kelley Drye & Warren LLP
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Kelley Drye & Warren LLP | Nov 11,2019 |

What Should Government Contractors Know About Legalized Cannabis?

Employers are scrambling to stay on top of ever-evolving cannabis laws across the country, but federal government contractors face an added layer of uncertainty as they attempt to navigate their legal obligations to the U.S. Government....By: Kelley Drye & Warren LLP
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Kelley Drye & Warren LLP | Nov 08,2019 |

CFIUS to Cover More Foreign Investments in U.S. Companies

Companies outside the U.S. contemplating purchases of U.S. business (and potential U.S. acquisition targets) are continuing to parse the Department of the Treasury’s two proposed regulations continuing implementation of the Foreign Investment Risk...By: Kelley Drye & Warren LLP
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Kelley Drye & Warren LLP | Oct 17,2019 |

Federal Wage Laws Protect Cannabis Workers? Yes, They Do

So imagine that your biggest pothead friend from college has opened up a cannabis dispensary that sells weed for recreational use. Your old pal would be selling something that remains utterly unlawful under federal law, the recent and sweeping...By: Kelley Drye & Warren LLP
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Kelley Drye & Warren LLP | Oct 01,2019 |

A Union Strikes a Revolutionary Blow in Tech

The labor movement sent a powerful and potentially revolutionary signal to the tech industry this past week on September 24: contract employees of HCL Technologies, working under a renewable contract with Google, voted to unionize for better...By: Kelley Drye & Warren LLP
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Kelley Drye & Warren LLP | Sep 30,2019 |

Employers’ Non-Action Resulted in $1.6 Million Awarded in Harassment Claim

A Los Angeles jury awarded a black former UCLA phlebotomist nearly $1.6 million in damages for being subjected to racial harassment by co-workers. Birden v. The Regents of the University of California, No. BC6681389 (Los Angeles Superior Court May...By: Kelley Drye & Warren LLP
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Kelley Drye & Warren LLP | Sep 11,2019 |

Employers Have New Ways to Offer Health Reimbursement Arrangements

The Departments of Labor, Health and Human Services and Treasury recently issued joint final regulations expanding the availability of health reimbursement arrangements (“HRAs”) by introducing two new types of HRAs – Individual Coverage HRAs and...By: Kelley Drye & Warren LLP
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Kelley Drye & Warren LLP | Aug 29,2019 |

NLRB: Employers Win When Their Employees Can’t “Opt-In”

In the first post-Epic Systems decision regarding arbitration agreements, the NLRB has underscored just how pro-arbitration courts and regulators have become. In Cordúa Restaurants, the Board put its stamp of approval on employers revising...By: Kelley Drye & Warren LLP
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Kelley Drye & Warren LLP | Aug 16,2019 |
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