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Archive by tag: LLPReturn

CFPB Publishes TRID Guides on Construction Loans

Although the 2017 amendments to the TRID rule, often referred to as TRID 2.0, added commentary to TRID provisions of Regulation Z and, particularly, Appendix D to Regulation Z, that addresses multiple advance construction loans, there has continued...By: Ballard Spahr LLP
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Ballard Spahr LLP | Dec 20,2019 |

SECURE Act Brings About Significant Changes to IRAs

As we reach the end of 2019 and prepare to flip the calendar to 2020, Congress and the president have finally passed the SECURE (Setting Every Community Up for Retirement Enhancement) Act....By: Varnum LLP
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Varnum LLP | Dec 20,2019 |

Financial Daily Dose 12.20.2019 | Goldman nearing $2B deal with DOJ to resolve 1MDB scandal claims

Goldman Sachs is reportedly in negotiations with federal prosecutors to resolve claims about its role in the Malaysian 1MDB scandal for upwards of $2 billion. A settlement—which “could include a guilty plea from Goldman’s subsidiary in Asia”—might be...By: Robins Kaplan LLP
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Robins Kaplan LLP | Dec 20,2019 |

Congress Passes Secure Act with Significant Changes to Retirement Plans

The Setting Every Community Up for Retirement Act of 2019, or "Secure Act", has been passed by Congress as part of a large government funding bill. Upon being signed into law by the President, the Secure Act will be the most significant legislation...By: Kilpatrick Townsend & Stockton LLP
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SECURE Act Passage Now Secure

The world of benefits regulation has seen significant change lately, with the enactment of tax reform in 2017 (see “Focus on ERISA - Tax Reform Includes Benefits and Compensation Provisions”), and the rise and fall of the U.S. Department of Labor’s...By: Dechert LLP
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Dechert LLP | Dec 20,2019 |

This Week In Employment Law: Island Of The Misfits

2019 ends with a bang. Even apart from that big political event that begins with the "I" word, and those two major holidays that are imminent, there have been some very weird employment-related news items this week. Have you been paying attention?...By: Constangy, Brooks, Smith & Prophete, LLP
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Massachusetts High Court Considers Remedies Available to Dissenting LLC Members Where Merger Is Undertaken in Violation of Fiduciary Duties

In Allison v. Eriksson, 479 Mass. 626 (Mass. 2018), a majority LLC member undertook a merger in violation of his fiduciary duties. In a case of first impression, the Supreme Judicial Court of Massachusetts held that equitable remedies, in addition...By: Novack and Macey LLP
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Novack and Macey LLP | Dec 20,2019 |

IRS Reopens Determination Letter Program for Certain Individually Designed Plans

In 2017, the IRS significantly limited the ability of plan sponsors to request a determination letter that its individually-designed retirement plan met the tax qualification requirements of the Internal Revenue Code. Since that date, plan sponsors...By: Locke Lord LLP
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Locke Lord LLP | Dec 20,2019 |

NLRB restores employers’ right to control email, IT systems

On December 16, 2019, the National Labor Relations Board (NLRB) issued a major decision restoring employers’ property rights in the use of email and other IT resources. In Caesar’s Entertainment, the NLRB held that employees have no statutory right...By: Bricker & Eckler LLP
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Bricker & Eckler LLP | Dec 20,2019 |

NLRB Trend of Employer-Friendly Decisions Continues: Investigative Confidentiality Rules and Use of Employer Emails

On the same day as the departure of the lone Democratic Board member, the National Labor Relations Board (NLRB) this week continued its trend of issuing employer-friendly decisions that reverse Obama-era Board precedent. In two December 16 decisions...By: Ballard Spahr LLP
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Ballard Spahr LLP | Dec 20,2019 |
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