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New California Labor and Employment Laws for 2020

In 2019, California enacted numerous labor and employment laws. Unless otherwise noted, each of the laws listed below is effective on Jan. 1, 2020. This Holland & Knight alert highlights selected and significant new laws, as well as California's...By: Holland & Knight LLP
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Holland & Knight LLP | Dec 31,2019 |

New Retirement Plan Legislation Enacted Into Law

On December 20, 2019, federal legislation approving spending limits for the 2020 fiscal year was signed into law. Included in the legislation is the Setting Every Community Up for Retirement Enhancement Act of 2019 (the “SECURE Act”). The SECURE Act...By: Schwabe, Williamson & Wyatt PC
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IRS: Most Price Protection Payments Received by ESOP Participants Are Currently Taxable

The IRS Office of Chief Counsel on Dec. 20, 2019, released a so-called Generic Legal Advice Memorandum (GLAM) that had been issued to Division Counsel within the IRS Tax Exempt and Government Entities Division. A GLAM is not binding authority and...By: Holland & Knight LLP
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Holland & Knight LLP | Dec 31,2019 |

Happy New Year! Pass the Champagne AND a Joint—Illinois Legalizes Marijuana Effective 1/1/2020

Here in Wisconsin marijuana is still illegal. However, this week our neighbor Illinois becomes the 11th in our nation to legalize marijuana which may cause complications for Wisconsin employers who recruit or have locations in that state......By: Ruder Ware
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Ruder Ware | Dec 31,2019 |

Get those contracts reviewed

One of the biggest problems for my clients after they hire me is that they realize that they never bothered to review the plan provider contracts that they signed long ago. There might be surrender charges or termination fees that they never...By: Ary Rosenbaum
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Ary Rosenbaum | Dec 31,2019 |

New Mexico Employment Law 2019 Review

It’s been a busy year for New Mexico legislators. On January 1, 2019, Democrat Michelle Lujan Grisham became New Mexico’s 32nd governor, replacing Republican Governor Susana Martinez. Gov. Grisham campaigned on a platform of revamping the state’s...By: Snell & Wilmer
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Snell & Wilmer | Dec 31,2019 |

Year-End Review of Key Trade Secret Decisions

A trade secret is any information used in one's business that derives independent economic value from being kept secret. Unlike patents, trade secrets are protected indefinitely for as long as they remain a secret. Due in part to the enactment of the...By: Jones Day
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Jones Day | Dec 31,2019 |

Deferral By The NLRB To Grievance/Arbitration Procedures

Overruling 2014 precedent, see Babcock & Wilcox Construction, 361 NLRB 1127 (2014), the National Labor Relations Board (Board), last week in UPS, Inc. 369 NLRB No. 1 (Dec. 23, 2019), returned to the standard that applied from 1984 to 2014 for...By: Snell & Wilmer
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Snell & Wilmer | Dec 31,2019 |

New Changes to Washington’s Overtime Rules Beginning July 2020

The Washington State Department of Labor & Industries (L&I) recently announced significant revisions to Washington’s overtime rules for the first time in 40 years. The new rules will go into effect beginning on July 1, 2020, and will be phased in...By: Perkins Coie
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Perkins Coie | Dec 31,2019 |

Lower Pay for Equal Work is Not Sole Path for Pay Discrimination Claim

Consider this hypothetical: An employer operates a national business, and has two vice president of sales (VP) positions. The VPs have essentially the same tenure with the company and the same duties, except one oversees the western U.S. and the...By: Foley & Lardner LLP
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Foley & Lardner LLP | Dec 31,2019 |
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