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Archive by tag: LLPReturn

Fluctuating Work Week Overtime Model Now Illegal in PA

On November 20, 2019, the Commonwealth’s highest court issued a significant decision regarding overtime compensation, which makes it illegal for employers to use the "fluctuating work week" method ("FWW") to calculate overtime....By: Saul Ewing Arnstein & Lehr LLP
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Employee Benefits Developments - November 2019

The Employee Benefits Practice is pleased to present the Employee Benefits Developments Newsletter for the month of November 2019. Click through the links below for more information on each specific development or case....By: Hodgson Russ LLP
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Hodgson Russ LLP | Dec 05,2019 |

Florida Senator Introduces Bill Providing Broad Employment Protections to Medical Marijuana Users

On November 18, 2019, Florida Senator Lori Berman (D) introduced Senate Bill 962, which proposes to provide job applicants and employees who use medical marijuana various protections in employment....By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Dec 05,2019 |

Dismissal of DOL’s Failure to Monitor Suit Was Appropriate Based On Retirement Committee’s Swift Action to Rectify Undiversified Trust

As a result of a custodial trustee’s resignation, assets for Severstal Wheeling, Inc.’s (“Severstal”) two ERISA-covered retirement plans were transferred to a new trust.  The retirement committee for the Severstal retirement plans (“Committee”)...By: Hodgson Russ LLP
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Hodgson Russ LLP | Dec 05,2019 |

A Little Knowledge Is a Dangerous Thing: Beware the Statute of Limitations in Trade Secrets Misappropriation Cases

Seyfarth Synopsis: Knowledge that a competitor or former employee is misappropriating trade secrets is difficult to come by. At the same time, however, once a company has notice that misappropriation may be occurring, the statute of limitations...By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Dec 05,2019 |

Utilizing profits interests as equity incentive compensation

Given the tax advantages for grantees and flexibility provided to grantors, a profits interests program can serve as a useful tool for companies looking to incentivize key employees and service providers. What are profits interests? Businesses that...By: Thompson Coburn LLP
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Thompson Coburn LLP | Dec 05,2019 |

DOL Proposal Would Open the Door to Electronic Delivery of Retirement Plan Notices/Disclosures

In October, the Department of Labor (DOL) published a proposed rule that offers a new, additional electronic safe harbor option that retirement plan sponsors would be able to use to furnish notices and disclosure to participants and beneficiaries....By: Hodgson Russ LLP
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Hodgson Russ LLP | Dec 04,2019 |

EEOC Petitions the NLRB to Change Legal Test for Considering Whether Employee Racial Outbursts are Protected NLRA Activity

In response to an amicus brief submitted by the Equal Employment Opportunity Commission (EEOC), the National Labor Relations Board (NLRB) has agreed to review General Motors LLC, a case which reveals a tension between the National Labor Relations Act...By: Hinshaw & Culbertson LLP
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Hinshaw & Culbertson LLP | Dec 04,2019 |

Seyfarth Global Immigration Update: December 2019

United Kingdom - Expansion of Shortage Occupation List for Immigration Purposes - The Shortage Occupation List (SOL) has recently been updated in accordance with the recommendations of the Migration Advisory Committee (MAC). The SOL has been...By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Dec 04,2019 |

What employers need to know about association retirement plans and efforts to expand access to multiple employer plans

According to March 2018 Bureau of Labor statistics, 23 percent of private sector, full-time employees in the U.S. do not have access to a workplace retirement plan. The percentage without access to a workplace retirement plan increases to 32 percent...By: Thompson Coburn LLP
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Thompson Coburn LLP | Dec 04,2019 |
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