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Dutch Labour Law legislation

We are approaching the end of the year. From 1 January 2020 onwards, new employment legislation will enter into force in the Netherlands. Please find below an overview of the main changes in the Dutch Balanced Labour Market Act (“WAB”). The main...By: Hogan Lovells
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Hogan Lovells | Dec 24,2019 |

The SECURE Act: Key Takeaways and Applicability Dates for Plan Sponsors

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
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Clearing Out the Cobwebs: EEOC Rescinds Decades Old Policy Against Binding Arbitration

As part of an ongoing project to update its guidance and technical assistance documents, the Equal Employment Opportunity Commission (“EEOC”) last week issued a statement rescinding its 1997 Policy Statement on Mandatory Binding Arbitration of...By: Hogan Lovells
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Hogan Lovells | Dec 24,2019 |

SECURE Act In; Cadillac Tax Out: The Spending Act Makes Serious Changes to Benefits Rules

Below is a summary of those key provisions. I. SECURE Act The Setting Every Community Up for Retirement Enhancement Act of 2019 (the SECURE Act, H.R. 1994) is arguably the most significant and comprehensive retirement saving reform legislation since...By: Ballard Spahr LLP
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Ballard Spahr LLP | Dec 24,2019 |

Changes Under the SECURE Act Affecting Retirement Savings

Major changes are coming that will affect the income and estate tax planning of retirement savings. These changes, under the bipartisan SECURE Act, will become law once the President signs the Consolidated Appropriations Act of 2020. The new law will...By: Burns & Levinson LLP
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Burns & Levinson LLP | Dec 24,2019 |

EBSA recovers billions for participants

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) released its program results for 2019. EBSA’s enforcement and benefit advisor programs recovered over $2.5 billion in payments to plans, participants and beneficiaries....By: Ary Rosenbaum
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Ary Rosenbaum | Dec 24,2019 |

No Equal Work Required: Second Circuit Rejects Strict Application of EPA Standard to Title VII Claim

The Second Circuit ruled this month in Lenzi v. Systemax, Inc. that “Title VII does not require a showing of unequal pay for equal work.” Drawing a line between the Equal Pay Act (“EPA”) and Title VII, the court held that “all Title VII requires a...By: Orrick - Equal Pay Pulse
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Orrick - Equal Pay Pulse | Dec 24,2019 |

Federal Department of Labor Modernizes Regular Rate Regulations

The federal Department of Labor (DOL) has announced the issuance of a final rule that, according to the DOL, will “encourage employers to provide additional and innovative benefits to workers without fear of costly litigation.” This encouragement...By: Smith Anderson
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Smith Anderson | Dec 24,2019 |

District of New Jersey Plaintiff Defeats Motion for Lack of Standing with De Facto Merger Doctrine

In Vision Pharma, LLC v. Sunrise Pharmaceutical, Inc., No. 2:13-cv-04692, 2018 WL 3085213 (D.N.J. June 20, 2018), the court held that despite plaintiff’s failure to formally transfer the assets of a New Jersey entity, including the rights under the...By: Novack and Macey LLP
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Novack and Macey LLP | Dec 24,2019 |

Private Investment Funds Not Liable for Portfolio Company's Pension Withdrawal Liability

The U.S. Court of Appeals for the First Circuit has held in Sun Capital Partners III, LP v. New England Teamsters & Trucking Industry Pension Fund that two Sun Capital Funds were not under common control with Scott Brass Inc., their portfolio company...By: Holland & Knight LLP
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Holland & Knight LLP | Dec 24,2019 |
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