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Archive by tag: Seyfarth Shaw LLPReturn

FDIC to Codify Policy under Section 19 of the Federal Deposit Insurance Act

Seyfarth Synopsis: The Federal Deposit Insurance Corporation is accepting comments until March 16, 2020 on the proposed codification to the Statement of Policy for Section 19 of the Federal Deposit Insurance Act, as well as whether and how the FDIC...By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Feb 20,2020 |

Department of Transportation Cautions Employers About CBD Use By Regulated Workers

Seyfarth Synopsis: As we reported here, the CBD (cannabidiol) craze is sweeping the nation. By 2022, it is expected to be a $22 billion per year industry. That said, if a CBD product has a concentration of more than 0.3% of tetrahydrocannabinol...By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Feb 20,2020 |

Contractors in the UK - Important Tax Changes from April 2020

We are now less than two months away from the new IR35 regime: important changes to the way companies engage contractors via third party companies are coming into force on April 6. Following up on our recent webinar, below we recap new rules and set...By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Feb 20,2020 |

Rockier Time For Many Employers In Colorado Who Will Soon Be Subject To Daily Overtime and Break Rules and Different White-Collar Exemptions

Seyfarth Synposis: As of March 16, 2020, Colorado’s daily overtime and meal and rest break requirements for non-exempt employees, as well as its different duties and salary level requirements for exempt employees, will apply to all employers who meet...By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Feb 20,2020 |

Pay Equity Litigation Update:  Third Circuit Upholds Philadelphia Ordinance Banning Inquiries Into Job Applicants’ Pay History

Seyfarth Synopsis: Many states and cities have recently enacted laws prohibiting employers from inquiring about an applicant’s salary history or seeking that information from the applicant or the applicant’s current or former employer. Those salary...By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Feb 19,2020 |

Where the President and Democratic Candidates Stand on Minimum Wage and its Impact on the Future of Work

Seyfarth Synopsis: In our third installment in where the potential Presidential candidates stand on key labor and future of work issues, we focus on the candidates’ positions on minimum wage....By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Feb 18,2020 |

Avoid the IRS’s Nuclear Option – Sign that Plan Document!

Seyfarth Synopsis: In a recent Chief Counsel Memorandum (“CCM”), the IRS stated that on audit, agents should pursue plan disqualification for a failure to produce a signed plan document. The IRS was responding to a 2018 Tax Court decision that held...By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Feb 14,2020 |

The Event Driven #MeToo Lawsuit: An Update on the CBS Securities Class Action

Last June, we wrote a Legal Update on Recent Developments in Securities Litigation: The "Event Driven" #MeToo Lawsuit. Event driven securities litigation is where negative events, instead of financial misstatements or omissions, trigger the filing of...By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Feb 14,2020 |

BLS Reports More Strikes in 2019

Seyfarth Synopsis: As the BLS reported more strikes in 2019, employers going into bargaining in 2020 should really consider preparing for the possibility of a work stoppage....By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Feb 14,2020 |

Ask, Or You Shall Not Receive: 5th Circuit Nixes Accommodation Claim for Employee’s Failure to Ask for an Accommodation

Seyfarth Synopsis: Recently, when affirming summary judgment to the employer in a disability discrimination case, the Fifth Circuit Court of Appeals issued two welcome reminders. First, to pursue a disability accommodation, an employee must actually...By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Feb 13,2020 |
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