Legal News

The Delaware Supreme Court recently took the opportunity to revisit Caremark with its en banc decision in Marchand v. Barnhill, No. 533, 2018 (Del. June 19, 2019). In Marchand, the Court reversed the dismissal of a stockholder derivative suit and...By: Shearman & Sterling LLP

Florida’s Statute of Limitations and Statute of Repose for construction and design defect claims are each contained in § 95.11(3)(c), Florida Statutes, which provides, in relevant part: We are frequently retained by homeowners associations and...By: Shumaker, Loop & Kendrick, LLP

One potentially unintended consequence of the Affordable Care Act (ACA) was the demise of the average health reimbursement account (HRA). Such benefits were seen to violate the ACA prohibitions on annual and lifetime limits, among other things. To...By: Poyner Spruill LLP

Effective as of May 13, 2019, the U.S. Internal Revue Service (IRS) made a change to the application process for U.S. Federal employer identification numbers (EIN), the Federal tax ID number for companies in the U.S., which is going to significantly...By: Sheppard Mullin Richter & Hampton LLP

Canada’s Competition Bureau (CCB) recently filed a challenge with the Canadian Competition Tribunal to unwind a U.S. private equity firm’s May 2019 acquisition of a company that offers reserves valuation and reporting software to Canadian oil and gas...By: Bracewell LLP

Wage and hour laws. Child labor laws. OSHA laws. Immigration laws. When employers do not comply with these types of employment laws, civil charges and lawsuits are not the only thing that can happen. In what may come as an unwelcome surprise to...By: Foley & Lardner LLP

The non-disclosure provision of a routine employment settlement agreement has typically been a common and easily agreed-upon term of resolution.  These provisions—where the employer and employee agree not to publicly discuss the reasons for the...By: Foley & Lardner LLP

Seyfarth Synopsis: Following Delaware’s lead in Trulia, an Illinois District Court judge refused to approve a mootness fee settlement as “worthless to the shareholders.” The judge noted that such settlements amounted to a plaintiffs’ bar “racket”...By: Seyfarth Shaw LLP

Last week, Seyfarth submitted comments regarding the DOL’s proposal to update the federal regulations that set the standard for determining whether a business can be held liable as a joint employer under the FLSA....By: Seyfarth Shaw LLP

Seyfarth Synopsis: Earlier this week, Connecticut became the seventh state with a paid family leave program when Governor Ned Lamont signed the Paid Family and Medical Leave (“CPFML”) Act. CPFML premium withholdings begin on January 1, 2021 and...By: Seyfarth Shaw LLP