The recently passed spending bill to keep the federal government operating included a last minute addition: the SECURE Act, almost identical to the bill passed by a nearly unanimous House in May 2019....By: Davis Wright Tremaine LLP
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The Washington, D.C. City Council is considering a proposed bill that would ban non-compete agreements for workers making nearly six-figures, titled the Ban on Noncompete Agreements Act of 2019....By: Saul Ewing Arnstein & Lehr LLP
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On December 23, 2019, the National Labor Relations Board (NLRB, or the Board) overturned an Obama-era decision regarding deference to labor arbitration proceedings....By: Ballard Spahr LLP
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The SECURE Act was enacted into law. It is effective on January 1, 2020. The Act makes significant changes to the existing landscape of retirement accounts. Some points to keep in mind are: The age at which retirees must take their Required Minimum...By: Tarter Krinsky & Drogin LLP
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In 2014, the National Labor Relations Board adopted regulations that considerably shortened the time period between certification of a petition for union recognition and the election on this question. In addition, the rules curtailed grounds...By: Parker Poe Adams & Bernstein LLP
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Employers always have difficulty knowing what sums should be included in calculation of the regular rate and many employers unwittingly walk themselves into trouble by not knowing the intricacies of FLSA computation. Well, the USDOL is finally doing...By: Fox Rothschild LLP
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In the first case following Akorn v. Fresenius to rule on a party’s entitlement to terminate a merger agreement on the basis of a material adverse effect (MAE), the Delaware Court of Chancery ordered Boston Scientific Corporation to complete its $275...By: Fenwick & West LLP
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In a series of 3-1 decisions issued on December 16, 2019, the National Labor Relations Board (NLRB) overturned significant Obama-era precedents related to confidentiality rules for workplace investigations, employees’ use of company email accounts...By: Thompson Coburn LLP
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Good news to close out the year: The “Further Consolidated Appropriations Act, 2020” (H.R. 1865 - the “2020 Act”) retroactively repeals the much maligned tax on qualified transportation fringe benefits (the so-called “church tax” or “parking tax”)....By: Seyfarth Shaw LLP
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The trend toward limiting U.S. federal income tax benefits associated with public company executive pay continues. The latest effort came last week, when the Treasury Department proposed new regulations implementing changes to Section 162(m) of the...By: Ropes & Gray LLP
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