April 12, 2013

Boardroom Perspectives: Oversight of Material Litigation in Four Practical Steps

Boardroom Perspectives: Oversight of Material Litigation in Four Practical Steps Public companies in the United States are subject to litigation in various areas, including: shareholder litigation; government investigations and enforcement actions; environmental litigation and intellectual property disputes. While certain litigation may be frivolous or merely routine, other claims may be costly and potentially damaging to […]

Opinions
April 11, 2013

One Step Closer to a Revised “Accredited Investor” Definition

One Step Closer to a Revised “Accredited Investor” Definition At its meeting on October 9, the Securities and Exchange Commission (SEC) Investor Advisory Committee recommended (by voice vote, with one dissent) that the SEC adopt significant updates to the definition of “accredited investor” as it applies to natural persons as found in Rule 501 under […]

Hubs
April 11, 2013

Finally, a Minimum Wage Comes to Germany. Are Employers Ready?

Finally, a Minimum Wage Comes to Germany. Are Employers Ready? Employers should act now to ensure all employees — including contractors’ employees — receive adequate pay to avoid risk of significant fines. 21 of the 28 member states of the European Union have minimum wage laws. On 1 January 2015, Germany will become number 22. […]

Shows
April 10, 2013

OFCCP Seeks Comments On Discrimination Complaint Form

OFCCP Seeks Comments On Discrimination Complaint Form OFCCP is seeking public comment its form for individual complaints of discrimination and retaliation. An employee or applicant of a federal contractor may file a complaint of discrimination or retaliation with the OFCCP. The OFCCP has a form for such complaints, designated Form CC-4. The two-page form seeks […]

Shows
April 10, 2013

The Impact of the European Unified Patent Court on Filing Strategies

The Impact of the European Unified Patent Court on Filing Strategies Europe is on the verge of implementing its new Patent System (expected May 2017) with a Unitary Patent and Unified Patent Court (UPC), under which the EU would allow for grant of a unitary patent under the rules and procedures of the European Patent […]

Shows
April 9, 2013

Send a non-compete demand letter – buy yourself a lawsuit?

Send a non-compete demand letter – buy yourself a lawsuit? When employers seek injunctive relief to enforce a restrictive covenant, nearly every judge begins the injunctive hearing with the same question: What efforts did you make to resolve this matter? Judges encourage settlement; they encourage compromise. Even if such compromise is not possible, they want […]

User
April 8, 2013

Where Have You Gone Dennis Kozlowski? Third Circuit Dismisses Tyco Employee’s Whistleblower Claim Over Excessive Corporate Spending

Where Have You Gone Dennis Kozlowski? Third Circuit Dismisses Tyco Employee’s Whistleblower Claim Over Excessive Corporate Spending On February 2, 2016, the Third Circuit affirmed the dismissal of a long-running SOX whistleblower suit filed by Jeffrey Wiest, a former accounts payable manager for Tyco Electronics. The decision is the first in which the Third Circuit […]

User
April 8, 2013

National Association of Insurance Commissioners Releases Draft Model Law Updating Managed Care Adequacy Model Act

National Association of Insurance Commissioners Releases Draft Model Law Updating Managed Care Adequacy Model Act On November 12, 2014, the National Association of Insurance Commissioners (“NAIC”) released a draft model law updating the NAIC’s Managed Care Network Adequacy Model Act.  The NAIC regularly creates model laws to serve as templates to assist federal and state […]

Hubs
April 8, 2013

The Panama Papers: addressing the consequences

The Panama Papers: addressing the consequences Approximately 11.5 million internal documents were leaked to media organizations around the world that reveal the operations of the Panamanian law firm Mossack Fonseca.  The law firm’s leaked files (popularly known as the Panama Papers) show that Mossack Fonseca worked with more than 14,000 banks, law firms and companies […]

User