Legal News

Earlier this week, President Donald Trump signed the United States-Mexico-Canada Agreement (USMCA) Implementation Act, which ratifies the trade agreement that will soon replace the North American Free Trade Agreement (NAFTA). (The leaders of Canada,...By: Kramer Levin Naftalis & Frankel LLP

The New York City Commission on Human Rights (the Commission) has published guidance regarding an amendment to the New York City Human Rights Law (NYCHRL) that expanded protections under the law to independent contractors and freelancers....By: Kramer Levin Naftalis & Frankel LLP

Even as they make their investment, private equity investors are focused on their exit. A standard feature of an exit strategy is the set of drag-along rights embedded in a stockholder or similar agreement executed among majority and minority...By: Kramer Levin Naftalis & Frankel LLP

2019 brought a number of important changes in the law that warrant the attention of New York employers. Start off the new year right and ensure your calendars are up to date by including the 2020 effective dates of these New York State and City...By: Kramer Levin Naftalis & Frankel LLP

A year after Akorn v. Fresenius (Akorn case), the first Delaware case holding that a party was entitled to terminate a merger agreement based on a material adverse effect (MAE), the Delaware Court of Chancery, in Channel Medsystems, Inc. v. Boston...By: Kramer Levin Naftalis & Frankel LLP

The Tax Cuts and Jobs Act of 2017 (TCJA) made significant changes to Section 162(m) of the Internal Revenue Code (Section 162(m)), expanding the scope of individuals and entities subject to Section 162(m), in addition to eliminating the exclusion for...By: Kramer Levin Naftalis & Frankel LLP

On Dec. 17, 2019, the National Labor Relations Board (NLRB) held that confidentiality mandates during the course of workplace investigations are presumptively lawful....By: Kramer Levin Naftalis & Frankel LLP

On Dec. 20, 2019, the president signed into law the Setting Every Community Up for Retirement Enhancement Act (the “SECURE Act” or “Act”). The law changes several provisions governing retirement savings for Americans. In addition to providing...By: Kramer Levin Naftalis & Frankel LLP

Last week, U.S. Citizenship and Immigration Services (USCIS) announced that an H-1B cap registration system (from which the annual H-1B lottery will be run) will be implemented for the upcoming fiscal year 2021 H-1B cap season. The initial H-1B cap...By: Kramer Levin Naftalis & Frankel LLP

M&A Monitor focuses on legal issues of interest to M&A practitioners for private and closely held companies, providing explanation, analysis and practical application on timely topics....By: Kramer Levin Naftalis & Frankel LLP