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Weekly Update Newsletter - October 2019

CYBERSECURITY & DATA PRIVACY - Start Preparing Now for DoD's Upcoming Cybersecurity Maturity Model Certification (CMMC) - For a while now, we have been writing about the increasing impact of cybersecurity on the government contracting world,...By: PilieroMazza PLLC
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PilieroMazza PLLC | Oct 04,2019 |

National P3 Update

We posted our first installment of the National P3 Update, focusing on higher education and social infrastructure P3s in May. Here is the latest on those projects, and new P3s that have emerged since then....By: Bilzin Sumberg
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Bilzin Sumberg | Oct 04,2019 |

To Disclose Or Not During ERISA Administrative Review — The Fourth Circuit Weighs In With An Affirmative Answer

Synopsis: A recent 4th Circuit decision reiterates the importance of aligning a plan fiduciary’s administrative claim and appeal review process with the standards for a “full and fair review” under U.S. Department of Labor regulations, including...By: Seyfarth Shaw LLP
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Seyfarth Shaw LLP | Oct 04,2019 |

So You've Been Watching (and Cringing at) HBO's "Succession"?

Let's discuss some less-dramatic exit options for business owners (when they want to step away). You may not run a global media conglomerate, but even closely held business owners (and perhaps especially closely held family business owners) can find...By: Ward and Smith, P.A.
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Ward and Smith, P.A. | Oct 04,2019 |

CFIUS: Proposed FIRRMA Regulations Define CFIUS's Expanded Jurisdiction and Mandatory Filing Requirements

On September 17, the US Department of the Treasury issued comprehensive proposed regulations to implement the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA). This alert describes key aspects of the proposed regulations.......By: White & Case LLP
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White & Case LLP | Oct 04,2019 |

[Podcast]: ERISA’s Bonding Requirements

In this episode of the Proskauer Benefits Brief, partner Ira Bogner and senior counsel Adam Scoll discuss ERISA’s bonding requirements. ERISA’s bonding rules generally require that every fiduciary of an ERISA-covered employee benefit plan and every...By: Proskauer - Employee Benefits & Executive
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Colorado Wage & Hour Law: An Evolving Landscape

Despite holding office for less than a year, Colorado Governor Jared Polis has signed and advocated for a new wave of legislation. These actions require employers to update policies and possibly wage packages, too....By: Ballard Spahr LLP
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Ballard Spahr LLP | Oct 04,2019 |

Australian IPOs and Takeovers: Liability Has Increased, Defences Are Eroded - Civil penalty liability now affects prospectuses and takeover documents, and the existing criminal and civil liability regimes for these documents have defences to liability.

Liability for companies launching an Australian IPO or takeover changed significantly this year—with not so much as a murmur of protest from the market. Due diligence just got more important, but the reason may surprise you. Liability Has Increased...By: Jones Day
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Jones Day | Oct 04,2019 |

Deadline Approaching for 403(b) Sponsors to Review Plan Documents for Compliance

Section 403(b) plans must be maintained pursuant to a written plan document that meets detailed requirements set forth in IRS regulations. If a plan contains a defect as to form (e.g., a provision does not comply with the regulations or a required...By: Proskauer - Employee Benefits & Executive
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Department of Labor Audit, Now What?

The U.S. Department of Labor (“DOL”) has jurisdiction to audit employers to ensure compliance with overtime and federal minimum wage laws. An audit can be stressful and expensive. Generally, an auditor will come to the company’s place of business and...By: Jaburg Wilk
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Jaburg Wilk | Oct 04,2019 |
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