Legal News

Seyfarth Synopsis: Knowledge that a competitor or former employee is misappropriating trade secrets is difficult to come by. At the same time, however, once a company has notice that misappropriation may be occurring, the statute of limitations...By: Seyfarth Shaw LLP

Given the tax advantages for grantees and flexibility provided to grantors, a profits interests program can serve as a useful tool for companies looking to incentivize key employees and service providers. What are profits interests? Businesses that...By: Thompson Coburn LLP

We reported last year about the importance of a new retirement system for the gig economy. Typical gig workers are currently not entitled to enjoy a traditional employer-based retirement plan because the law only permits such plans to cover employees...By: Fisher Phillips

The classification of workers has become an increasingly relevant consideration for both hirers and workers in today’s rapidly changing economy. Traditionally, workers have fallen into one of two distinct categories for payment in exchange for their...By: Blue J Legal

In October, the Department of Labor (DOL) published a proposed rule that offers a new, additional electronic safe harbor option that retirement plan sponsors would be able to use to furnish notices and disclosure to participants and beneficiaries....By: Hodgson Russ LLP

While the U.S. Congress continues to struggle with the question of changing the minimum wage, it appears that the Pennsylvania legislature and the Governor’s Office may be close to a significant compromise on the subject that would be acceptable to...By: Cozen O'Connor

In response to an amicus brief submitted by the Equal Employment Opportunity Commission (EEOC), the National Labor Relations Board (NLRB) has agreed to review General Motors LLC, a case which reveals a tension between the National Labor Relations Act...By: Hinshaw & Culbertson LLP

After much consultation and heated debate, Vietnam adopted a new Labor Code on 20 November 2019 ("Labor Code"), which will come into effect on 1 January 2021, and replace the current law which dates from 2012. While Vietnam's labor legislation has...By: Hogan Lovells

We previously reported on the Bipartisan Budget Act (the “Budget Act”) hardship distribution rule changes for qualified retirement plans. On September 23, 2019, the IRS issued final regulations implementing certain statutory changes to the hardship...By: Snell & Wilmer

United Kingdom - Expansion of Shortage Occupation List for Immigration Purposes - The Shortage Occupation List (SOL) has recently been updated in accordance with the recommendations of the Migration Advisory Committee (MAC). The SOL has been...By: Seyfarth Shaw LLP