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DOJ, FTC Publish New Vertical Merger Guidelines for the First Time in 36 Years

On January 10, 2020, the U.S. Department of Justice (DOJ) Antitrust Division and the Federal Trade Commission (FTC) Bureau of Competition published their Draft Vertical Merger Guidelines (Draft Guidelines). This was the first time the agencies have...By: Faegre Baker Daniels
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Faegre Baker Daniels | Jan 15,2020 |

Fluctuating Workweek Method of Calculating Overtime Pay Unlawful in Pennsylvania

In late 2019, the Pennsylvania Supreme Court decided that the Pennsylvania Minimum Wage Act (“PMWA”) prohibited employers from using the fluctuating work week (“FWW”) method of calculating overtime pay owed to salaried workers....By: Clark Hill PLC
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Clark Hill PLC | Jan 15,2020 |

New SECURE Act Affects Estate Planning for Retirement Plans

Effective January 1, 2020, a new federal law dramatically changes the landscape for estate planning with retirement accounts. The Setting Every Community Up for Retirement Enhancement Act (the “SECURE Act”) implements new rules regarding payout of...By: K&L Gates LLP
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K&L Gates LLP | Jan 15,2020 |

Department Of Labor Issues Final Rule On FLSA’s Joint Employer Standard

The U.S. Department of Labor (DOL) has released its Final Rule updating regulations governing “joint employer” status under the Fair Labor Standards Act (FLSA). The regulations have not been updated in more than 60 years....By: Jackson Lewis P.C.
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Jackson Lewis P.C. | Jan 15,2020 |

Legislation and Case Law in France / Second Half-Year 2019

Prevention of occupational hazards and management of matters related to safety and the protection of health at work are major concerns for all those involved in labor law. This newsletter reviews five notable court holdings in this domain from the...By: Dechert LLP
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Dechert LLP | Jan 15,2020 |

Labor Department’s New 4-Factor Rule Attempts To Limit Joint Employment

The U.S. Department of Labor just finalized its rule that attempts to limit the scope of joint employment liability for wage and hour matters. Although much remains to be seen, this rule may usher in a new era, and could lead to fewer businesses...By: Fisher Phillips
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Fisher Phillips | Jan 15,2020 |

Recent Merger Reviews Demonstrate Increased FTC and DOJ Focus on Acquisitions of Nascent Competitors

Three recent antitrust merger reviews involving nascent competition demonstrate enforcers are paying close attention to acquisitions by industry leaders of emerging, but early-stage competitors. The US antitrust agencies have been criticized for...By: McDermott Will & Emery
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McDermott Will & Emery | Jan 15,2020 |

SECURE Act signed into law - navigating the key modifications

The Setting Every Community Up for Retirement Enhancement Act of 2019, enacted December 20, 2019, implements a wide range of changes to longstanding rules. While these changes are not as drastic as prior pieces of legislation, they affect employers...By: Dentons
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Dentons | Jan 15,2020 |

Five Key Aspects of the Long-Awaited Revised Draft US Vertical Merger Guidelines

On Friday, the Federal Trade Commission (“FTC”) and the Antitrust Division of the U.S. Department of Justice (“DOJ”) released joint draft Vertical Merger Guidelines (“Guidelines”) for public comment. This much anticipated revision to the Guidelines,...By: Shearman & Sterling LLP
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Shearman & Sterling LLP | Jan 15,2020 |

Weekly IRS Roundup January 6 – January 10, 2020

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of January 6 – January 10, 2020. January 6, 2020: The IRS issued a News Release confirming that the 2019 tax filing season...By: McDermott Will & Emery
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McDermott Will & Emery | Jan 15,2020 |
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