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UK Supreme Court Examines Restrictive Covenants First Time in 100 Years: A New Test for Severance

In the case of Tillman v Egon Zehnder [2019] UKSC 32, the UK Supreme Court, for the first time in over 100 years, has examined the law of post-termination restrictive covenants. As well as providing clarity of the law, the decision serves as a...By: Proskauer - International Labor Law
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Dubai International Financial Centre (DIFC) – proposed new scheme to replace end of service gratuity

Background and drivers for change - The DIFC is in the process of considering a new scheme to replace end of service gratuity, which is a lump sum payment payable to employees upon termination of employment. The indicative timetable for the new...By: Dentons
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Dentons | Jul 10,2019 |

Impacts of SBAs Proposed Rule Changing Size Status Calculation

On June 25, 2019, we wrote about proposed changes to the method for calculating size eligibility for small business set-aside contracts. This is the first in a series of articles exploring the proposed rule's specific impacts on federal government...By: Holland & Knight LLP
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Holland & Knight LLP | Jul 10,2019 |

An overview of Canada’s Start-Up Business Class

Many foreign nationals are now aware that the United States’ immigration policies are more restrictive than they have been in the past. For example, President Trump’s Buy American and Hire American Executive Order directs government agencies to...By: Dentons
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Dentons | Jul 10,2019 |

Attacking Class Certification on a Motion to Dismiss? A Recent Decision Says There is a Way - Insights - Proskauer Rose LLP

Antitrust class action counsel are in the business of extracting cash from defendants in the form of settlements that are, in effect, a tax on every transaction in the market covered by the case. The bigger the market, the greater the number of the...By: Proskauer Rose LLP
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Proskauer Rose LLP | Jul 10,2019 |

GMP equalisation through conversion

- Most defined benefit (DB) pension schemes in the UK are affected by the High Court decision in October last year that schemes must equalise for the unequal effect of guaranteed minimum pensions (GMPs) on men and women. - The equalisation required...By: Hogan Lovells
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Hogan Lovells | Jul 10,2019 |

SEC Proposes Revisions to Rules Requiring BDCs to Include Financial Information of Majority-Owned or Controlled Portfolio Companies and Funds Acquired or to be Acquired in their SEC Filings

In May 2019, the SEC proposed amendments to the rules that require BDCs to include (i) certain financial information pertaining to their majority-owned or controlled portfolio companies and (ii) historical and pro forma financial information relating...By: Dechert LLP
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Dechert LLP | Jul 10,2019 |

Valuation Considerations in Reverse Mergers

The concept of a reverse merger, in short, holds that a privately held company acquires a publicly traded company. In so doing, the private company can gain access to public equity markets without going through the lengthy process of an IPO filing....By: Opportune LLP
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Opportune LLP | Jul 10,2019 |

UK Women and Equalities Committee Calls for Immediate Government Action to Prevent Misuse of NDAs

Following the launch of an enquiry in November 2018 examining the use of nondisclosure agreements (NDAs) where allegations of harassment or discrimination have been made by an employee, the UK Parliament’s Women and Equalities Committee (Committee)...By: Morgan Lewis
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Morgan Lewis | Jul 10,2019 |

NLRB Unanimously Declares that Mandatory Arbitration Agreement Violates the NLRA if it Restricts Access to the Board

The National Labor Relations Board (NLRB) recently unanimously ruled in Prime Healthcare Paradise Valley, LLC, 21–CA–133781 and 21–CA–133783 that agreements requiring employees to resolve all disputes exclusively through mandatory arbitration...By: GableGotwals
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GableGotwals | Jul 10,2019 |
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