Legal News

Below is a summary of those key provisions. I. SECURE Act The Setting Every Community Up for Retirement Enhancement Act of 2019 (the SECURE Act, H.R. 1994) is arguably the most significant and comprehensive retirement saving reform legislation since...By: Ballard Spahr LLP

Major changes are coming that will affect the income and estate tax planning of retirement savings. These changes, under the bipartisan SECURE Act, will become law once the President signs the Consolidated Appropriations Act of 2020. The new law will...By: Burns & Levinson LLP

In Vision Pharma, LLC v. Sunrise Pharmaceutical, Inc., No. 2:13-cv-04692, 2018 WL 3085213 (D.N.J. June 20, 2018), the court held that despite plaintiff’s failure to formally transfer the assets of a New Jersey entity, including the rights under the...By: Novack and Macey LLP

The U.S. Court of Appeals for the First Circuit has held in Sun Capital Partners III, LP v. New England Teamsters & Trucking Industry Pension Fund that two Sun Capital Funds were not under common control with Scott Brass Inc., their portfolio company...By: Holland & Knight LLP

On December 4, 2019, Illinois Governor J.B. Pritzker signed into law amendments to the Illinois Cannabis Regulation and Tax Act (Illinois Cannabis Act) that clarify employer rights to enforce reasonable workplace drug policies once recreational...By: Drinker Biddle & Reath LLP

The Trump National Labor Relations Board (NLRB) continues to reshape the National Labor Relations Act (NLRA or Act) with new decisions that reverse precedents and undo legal restrictions placed on employers during the Obama administration. Over the...By: Sheppard Mullin Richter & Hampton LLP

It's the end of the year and while everyone is busy, employers in California should be aware of new laws and regulations that go into effect on January 1, 2020. In the spirit of the season, we are using the "12 days of the holidays" to blog about one...By: Hinshaw & Culbertson LLP

Last week, the United States Department of Labor (“DOL”) announced a rule clarifying the types of compensation that should be included when determining an employee’s “regular rate” of pay for the purpose of calculating overtime pay under the federal...By: Foley Hoag LLP

Employees subject to the overtime provisions of the Fair Labor Standards Act must pay time and one-half the employee’s regular rate of pay for hours worked over 40 in a given week. As employers began offering new perks to employees, the question of...By: Parker Poe Adams & Bernstein LLP

On December 16, 2019, the Department of the Treasury (Treasury Department) and Internal Revenue Service (IRS) released long-awaited proposed regulations under Section 162(m) of the Internal Revenue Code implementing changes made by the Tax Cuts and...By: Eversheds Sutherland (US) LLP