Legal News

Section 6039 of the Internal Revenue Code requires corporations to provide information statements to employees (including former employees) and information filings to the IRS regarding exercises of incentive stock options (ISOs) by employees and...By: Goodwin

As part of the Tax Cuts and Jobs Act of 2017, the cost of providing certain transportation fringe benefits, including employer-provided parking, to employees of tax-exempt organizations became subject to federal income tax as unrelated business...By: Shipman & Goodwin LLP

On December 20, 2019, President Trump signed into law H.R. 1865, the Further Consolidated Appropriations Act, 2020 (now Pub. L. 116-94) (the “Appropriations Act”), which, among other things, contains the Setting Every Community Up for Retirement...By: Shipman & Goodwin LLP

Following the string of biosimilar agreements announced in early November, a number of additional transactions were announced in early December, bringing 2019 to a roaring close with global biosimilars deals. On December 1, 2019, Luye Pharma Group...By: Goodwin

On December 20, 2019, the President signed legislation repealing the excise tax, otherwise known as the “Cadillac tax,” on high cost health insurance plans. Both houses of Congress had adopted the legislation the day before, as part of a federal...By: Shipman & Goodwin LLP

For well over a decade, my first post each year has been a prediction about what the upcoming year will bring in employment. (The less said about my 2019 prediction to dust off the reduction-in-force guidance, the better.)...By: Shipman & Goodwin LLP

Six months after a little-noticed bill passed unanimously by the General Assembly (and was then vetoed by Governor Lamont), a new compromise measure passed yesterday in a special session. The bill uses some of the same concepts that had been...By: Shipman & Goodwin LLP

In May we wrote about a Connecticut Senate Bill 435 (S.B. 435) and certain proposed federal legislation which would have created incentives for Connecticut employers to help their student loan-burdened employees pay down their debt. The 2019...By: Shipman & Goodwin LLP

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

On November 22, 2019 the Consumer Financial Protection Bureau (CFPB) announced that it had filed a proposed stipulated judgment in the federal district court in the Southern District of New York that would resolve claims that a New York-based...By: Goodwin