Legal News

US DEVELOPMENTS - SEC and NYSE/Nasdaq Developments - SEC Proposes Changes to Accredited Investor Definition to Broaden Access to Investments - In December 2019, the Securities and Exchange Commission (SEC) proposed updates to its rules...By: Shearman & Sterling LLP

According to Part 541 of regulations issued by the U.S. Department of Labor under the Fair Labor Standards Act, exempt employees must be paid a guaranteed salary. Under §541.602, employers may only deduct from this salary for full day absences based...By: Parker Poe Adams & Bernstein LLP

On January 17, 2020, the Committee on Foreign Investment in the United States (“CFIUS”) published two new rules that will greatly expand the scope of minority investments by foreign persons in U.S. businesses that are subject to CFIUS review. The...By: Dorsey & Whitney LLP

Employers and employees are continually feeling the pinch of rising health care costs. 2020 provides a potentially better approach to consider: Individual Coverage Health Reimbursement Arrangements (ICHRAs)....By: Bricker & Eckler LLP

Shauna Amon Writes About Public Employer New Laws in PublicCEO - California and federal courts, along with the state’s Public Employer Relations Board, handed down a number of decisions last year that will impact public employers and employees in...By: Best Best & Krieger LLP

A recent Technical Advice Memorandum (TAM) issued by the Internal Revenue Service (IRS) National Office concludes that a target company required under Internal Revenue Code Section 263(a) regulations to capitalize costs that “facilitated” the...By: Skadden, Arps, Slate, Meagher & Flom LLP

This month’s Friday Five addresses a myriad of issues including whether returning to work post-injury automatically invalidates a disability claim, what information an administrator must provide before elevating the opinions of its own reviewing...By: Saul Ewing Arnstein & Lehr LLP

The final installment of this blog series discussing changes made by the Setting Every Community Up for Retirement Enhancement Act of 2020 (“the SECURE Act”) focuses on modifications to the required minimum distributions rules (“RMDs”)....By: Blank Rome LLP

Almost all good news for employers. DHILLON'S FIVE PRIORITIES- Janet Dhillon, Chair of the U.S. Equal Employment Opportunity Commission, issued her priorities for the year 2020, and employers ought to like most of them: Excellent customer service....By: Constangy, Brooks, Smith & Prophete, LLP

Main French news in 2020: The new French employee representative body called the CSE has now replaced the current “Employee Delegates” (“Délégués du Personnel”) in companies with at least 11 employees and the three bodies, “Employee Delegates”,...By: K&L Gates LLP