The IRS recently amended the rules applicable to hardship distributions from 401(k) and 403(b) plans. The new hardship distribution regulation relaxes some of the restrictions on the availability of hardship distributions and simplifies the related...By: Flaster Greenberg PC
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The Lackawanna Court of Common Pleas in Pennsylvania held, in a matter of first impression, that language in the state’s Medical Marijuana Act ("MMA") creates a private right of action for an employee that is terminated for off-site use of medical...By: Saul Ewing Arnstein & Lehr LLP
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The New York City Council may soon make co-working spaces potentially liable for sexual harassment between their tenants. Recently introduced legislation would make it an unlawful discriminatory practice under the New York City Human Rights Law for a...By: Fox Rothschild LLP
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Deadlines are approaching for employers to report the year’s employee exercises of incentive stock options and employee stock purchase plan purchases. Corporations that offer incentive stock options (ISOs) or maintain a tax-qualified employee stock...By: Latham & Watkins LLP
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Congress Sprints to the Finish. Congress returned this week from its Thanksgiving break and is racing to the end of the first session of the 116th Congress. Lawmakers are technically only supposed to remain in town through next week, but it is likely...By: Ogletree, Deakins, Nash, Smoak & Stewart,
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On October 10, 2019, the National Labor Relations Board (“Board”) took a welcomed step in clarifying the confusion created by the Obama Board’s decisions on workplace rules and employee handbooks. In LA Specialty Produce Company, 368 NLRB No. 93...By: Genova Burns LLC
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As someone who grew up in Connecticut and watched Channel 3 news religiously (at least before the internet), Denise D’Ascenzo, the local news anchor who passed away suddenly on Saturday, was one of a kind. She was professional, authoritative,...By: Shipman & Goodwin LLP
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As part of an analysis, Fidelity Investments compared average asset allocations of participants to an age-based Target Date Fund and they found that nearly a quarter (23%) of 401(k) savers still have a higher percentage of equities than recommended,...By: Ary Rosenbaum
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On June 25, 2019, Governor J. B. Pritzker signed legislation making Illinois the 11th state to approve marijuana for recreational use. Recreational use of marijuana will be permitted by law beginning January 1, 2020....By: Ogletree, Deakins, Nash, Smoak & Stewart,
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On December 6, 2019, USCIS announced it is implementing the registration process in the next H-1B lottery. H-1B employers have been awaiting confirmation of and details regarding the new registration process for H-1B cap-subject petitions....By: Jackson Lewis P.C.
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