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Weekly Update Newsletter - December 2019

Client Alert: SBA to Enact Significant Changes to Small Business Regulations Before 2020: Everything You Need to Know - On November 29, 2019, the U.S. Small Business Administration (SBA) issued a final rule that will implement several provisions of...By: PilieroMazza PLLC
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PilieroMazza PLLC | Dec 04,2019 |

Georgia Court of Appeals Holds That the Georgia Statute of Repose Is Applicable to Contractual Claims as Well as Negligence Claims

In Southern States Chemical, Inc. v. Tampa Tank & Welding, Inc.,  2019 WL 5616691, the Georgia Court of Appeals recently held that the Georgia Statute of Repose (statute prohibits recovery of damages in construction cases to eight (8) years from the...By: Miller & Martin PLLC
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Miller & Martin PLLC | Dec 04,2019 |

Qualified Retirement Plan Planning for an Economic Downturn

As concerns continue regarding the possibility of an economic downturn, plan sponsors should be aware of the effects that two potential downturn events could have on their qualified plans....By: Morgan Lewis - ML Benefits
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Morgan Lewis - ML Benefits | Dec 04,2019 |

What employers need to know about association retirement plans and efforts to expand access to multiple employer plans

According to March 2018 Bureau of Labor statistics, 23 percent of private sector, full-time employees in the U.S. do not have access to a workplace retirement plan. The percentage without access to a workplace retirement plan increases to 32 percent...By: Thompson Coburn LLP
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Thompson Coburn LLP | Dec 04,2019 |

Certain Bonuses Must Be Included When Calculating Overtime Pay

The federal Fair Labor Standards Act (FLSA) generally requires that nonexempt employees who work more than 40 hours in a workweek be paid 1.5 times their “regular rate” for the hours above 40. Calculating overtime pay is simple if the employee...By: Verrill
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Verrill | Dec 04,2019 |

Proposed Class Action Litigation Blocked By Mandatory Arbitration Agreement

In a recent district court case out of the United States District Court for the Middle District of Florida, a former employee attempted to sue his former employer as part of a class action alleging the employer failed to provide adequate Consolidated...By: Hodgson Russ LLP
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Hodgson Russ LLP | Dec 04,2019 |

Best Practices for Municipal Retirement Plans

- Create a Plan Document... - Do not rely solely on special acts, ordinances, or collective bargaining agreements... - Reflect collectively bargained provisions... - Update contemporaneously to reflect changes in bargained terms......By: Pullman & Comley, LLC
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Pullman & Comley, LLC | Dec 04,2019 |

Top 50 Workplace Law Stories Of 2019

It’s hard to keep up with the news these days. It sometimes feels like you can’t step away from your phone, computer, or TV for more than an hour or so without a barrage of new information hitting the headlines—and you’re expected to consume and...By: Fisher Phillips
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Fisher Phillips | Dec 04,2019 |

Philadelphia’s Fair Workweek Law Delayed Three Months

Originally set to take effect on Jan. 1, 2020, the City of Philadelphia's Fair Workweek Law implementation has been postponed from Jan. 1, 2020 until April 1, 2020. In previous alerts, we outlined the Ordinance’s key provisions and the proposed...By: Fox Rothschild LLP
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Fox Rothschild LLP | Dec 04,2019 |

Bank liable for employee's fraud on basis of "principle of social justice"

The Court of Appeal in Group Seven Limited v. Notable Services LLP [2019] EWCA Civ 614 has agreed with the High Court decision to find a bank vicariously liable for the wrongdoing of its employee....By: Dentons
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Dentons | Dec 04,2019 |
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