Legal News

• Following the financial crisis, nonbank lenders looking to carve out new, profitable niches—especially within the leveraged loan universe—quickly filled the lending gap created by the exit of banks. • The relatively swift recovery of the private...By: Akin Gump Strauss Hauer & Feld LLP

New Rules Governing Expanded Class Action Lawsuits in Italy to Take Effect on April 19, 2020 - The old thinking that class actions are only a threat in the US is history. The latest European example is Italy, where on April 3, 2019, the Italian...By: White & Case LLP

In 2018, the Treasury Department and the IRS issued new hardship distribution rules applicable to defined contribution plans, and many plans have begun administering these new rules. While plan sponsors may want to wait for further IRS guidance...By: McDermott Will & Emery

On July 8, Pennsylvania Gov. Tom Wolf held a ceremonial bill signing for two initiatives intended to encourage reporting of sexual harassment and sexual violence at institutions of higher education across the Commonwealth....By: Pepper Hamilton LLP

A New York Federal District Court Judge ruled last week that an agreement to arbitrate sexual harassment claims is enforceable despite a New York law prohibiting mandatory arbitration agreements covering sexual harassment claims. This is one of the...By: Mintz - Employment, Labor & Benefits

On June 14, 2019, the United States Court of Appeals for the District of Columbia Circuit rejected the argument that a university should be entitled to special academic deference in employment discrimination claims concerning denial of tenure brought...By: Hogan Lovells

Q.  An employee at one of my company’s facilities in New York recently complained to his supervisor that his coworkers made fun of his disability. Can an employee with a disability file a “hostile work environment” claim under the Americans With...By: Pepper Hamilton LLP

In a 3-1 decision, the National Labor Relations Board (Board) in Johnson Controls, Inc., 368 NLRB No. 20 (July 3, 2019), adopted a new standard that applies to an employer’s anticipatory withdrawal of union recognition, and set forth a new framework...By: Littler

FASB has issued an Invitation to Comment, or ITC,  as part of FASB’s project on certain identifiable intangible assets acquired in a business combination and subsequent accounting for goodwill. In previous outreach, the FASB staff received mixed...By: Stinson - Corporate & Securities Law Blog

The Ontario Court of Appeal recently released the second of two highly anticipated decisions stemming from the receivership proceedings of Dianor Resources Inc. The first decision clarified the test used to determine when a royalty interest...By: Bennett Jones LLP