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Weekly Update Newsletter - January 2020 #2

PODCAST: Ex Rel. Radio – False Claims Act: The Risks to Small Business Government Contractors ???????- “False Claims Act: The Risks to Small Business Government Contractors” is the fifth episode of “Ex Rel. Radio,” our multi-part series on the...By: PilieroMazza PLLC
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PilieroMazza PLLC | Jan 15,2020 |

#NewYearNewMeNewWageLaws: Arizona’s Minimum Wage Increased Nearly 10% on January 1, 2020.

With the new year comes new resolutions, new goals, and, sadly, often new regulations and laws. This year is no different. Under Arizona’s minimum wage law, the state-mandated minimum wage increased from $11.00 to $12.00 on January 1, 2020 – a 9.1%...By: Jennings, Strouss & Salmon, PLC
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Jennings, Strouss & Salmon, PLC | Jan 15,2020 |

FTC and DOJ Release Draft Vertical Merger Guidelines

On January 10, 2020 the United States Department of Justice (DOJ) and the Federal Trade Commission (FTC) released draft guidelines outlining the agencies' "analytical techniques, practices, and enforcement policy" for vertical mergers under the...By: Wilson Sonsini Goodrich & Rosati
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Delaware Court Of Chancery Dismisses Transaction-Related Breach Of Fiduciary Duty Claims After Board Terminates Merger In Favor Of An Alternative Acquisition

On December 30, 2019, Vice Chancellor Joseph R. Slights III of the Delaware Court of Chancery dismissed breach of fiduciary duty claims brought by former stockholders of Essendant Inc. after it was acquired in a tender offer and cash-out merger by a...By: Shearman & Sterling LLP
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Shearman & Sterling LLP | Jan 15,2020 |

Pain Relief In Sight: DOL Issues Final Joint-Employer Rule

On January 12, 2020, the US Department of Labor (Department or DOL) announced that it is issuing a Final Rule that will update and revise its regulations issued under the Fair Labor Standards Act (FLSA or the Act) that provide guidance on determining...By: Arent Fox
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Arent Fox | Jan 15,2020 |

SECURE Act: Rethinking Estate Planning with Retirement Accounts

The Setting Every Community Up for Retirement Enhancement Act (the SECURE Act) represents the first major retirement legislation since 2006. The SECURE Act was signed into law on Dec. 20, 2019, became effective Jan. 1, 2020, and includes noteworthy...By: Holland & Knight LLP
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Holland & Knight LLP | Jan 14,2020 |

AB 51 Update: Court Continues TRO on California’s Arbitration Statute

Assembly Bill (AB) 51, which attempts to ban certain mandatory arbitration agreements, was scheduled to go into effect on January 1, 2020. However, a coalition of business organizations filed a suit on December 9, 2019 seeking to enjoin AB 51....By: Ogletree, Deakins, Nash, Smoak & Stewart,
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Defining “Material”—What Matter Will Matter?

When we use the word “material” as an adjective in ordinary writing, such as in “a material event occurred yesterday,” we typically mean that the noun (“event”) being modified by the adjective (“material”) is one of real significance, importance or...By: Weil, Gotshal & Manges LLP
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Weil, Gotshal & Manges LLP | Jan 14,2020 |

Artificial Intelligence Software Controlled for Export, Including to Foreign National Employees

On January 6, 2020, the U.S. Commerce Department's Bureau of Industry and Security (BIS) released an interim final rule controlling the export of certain artificial intelligence software relating to geospatial imagery analysis (Geospatial AI...By: Wilson Sonsini Goodrich & Rosati
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New Year’s Resolution for 403(b) Plan Sponsors

Previously we posted on our blog about a deadline looming in the distance for 403(b) plan sponsors to adopt a pre-approved plan document. Now that 2020 has arrived, the deadline is just around the corner and imminent action is required....By: Bryan Cave Leighton Paisner
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Bryan Cave Leighton Paisner | Jan 14,2020 |
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