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Can The Political Concerns Of Corporate Officers Be Of Any Concern Of The Corporation?

Suppose a corporation’s Chief Executive Officer becomes involved in a particularly abhorent (but legal) political movement. Suppose further that the Board of Directors is concerned that the corporation’s stockholders,...more

Proposed Tax Reform Bill Includes Momentous Changes to Executive Compensation Laws

The chairman of the U.S. House of Representatives' Committee on Ways and Means released a draft bill (the Tax Reform Act of 2014) on February 26, 2014, that would dramatically reform the Internal Revenue Code. Executive...more

What the Pension Reform Decision in Arizona May Mean for Illinois

Today the Arizona Supreme Court has handed down its much-anticipated decision in Fields v. The Elected Officials’ Retirement Plan. In Fields, the Court unanimously struck down a pension reform package enacted by the...more

Retaliation by Traffic Jam? Ethics & Compliance Lessons from Bridgegate

Scandal roils around top aides to New Jersey Governor Chris Christie due to lane closures on the George Washington Bridge to New York City, resulting in four days of debilitating traffic jams. It’s a political issue at its...more

Private Fund Adviser Receives Exemptive Relief from Two-Year Compensation Ban under Pay-to-Play Rule Triggered by Contribution to...

An SEC-registered adviser (the “Adviser”) was granted exemptive relief pursuant to Rule 206(4)-5 (the “Rule”) under the Investment Advisers Act of 1940 (the “Advisers Act”) from the Rule’s two-year prohibition on receiving...more

ISS Publishes 2014 Corporate Governance Policy Updates

On November 21, 2013, Institutional Shareholder Services Inc. (“ISS”) released its final US policy updates for the 2014 proxy season (the “2014 Policies”), having received comments to its draft policies released on October...more

Closing Time: The Government Shutdown's Impact on Key Trade Agencies

With no Cinderella story last night, as of October 1, 2013 at 12:01 AM, the Federal Government is officially shut down. As a result, all “non-essential” federal workers will be furloughed and federal agencies cannot continue...more

Health Care Alert! Notice Required Despite Government Shut Down

Because we cannot predict Congress’ action or inaction in the next few days or weeks as to whether the House will be successful in demanding a rescission or a delay in the Act’s implementation as a price for restarting the...more

Minnesota Political Law Guidelines Updated

Table of Contents: Lobbyist Registration; Lobbyist Report and Record Keeping; Corporate Political Activity; Gifts To Public Officials Prohibited; Issues In Communicating With Public Officials; Employment Law Issues;...more

Guidelines For Corporate Political Activity In Minnesota

In this publication: Lobbyist Registration - - Lobbying Defined. - Definition Of Lobbyist - Lobbyist Registration Lobbyist Report And Record Keeping - - Periodic Lobbyists Reports - Information...more

Senators Request CFPB Issue Guidance and Rulemakings, Bring Enforcement Actions Relating to Payroll Card Programs

Last week, 16 Democratic Senators sent a letter on regulation of payroll cards to Consumer Financial Protection Bureau (“CFPB”) Director Richard Cordray and Department of Labor (“DOL”) Acting Secretary Seth Harris. The letter...more

Connecticut Governor Vetoes Non-Compete Bill

Last month, the Connecticut state legislature passed a bill that would have regulated the use of noncompete agreements....more

Connecticut's Governor Vetoes Restrictive Non-Compete Bill Due to Lack of Clarity

On Friday, July 12, 2013, Connecticut's Governor Dannel P. Malloy vetoed a bill that would have restricted the use of non-compete agreements in the context of mergers and acquisitions. The proposed bill, "An Act Concerning...more

Bill Voiding Noncompete Agreements in Event of Merger Vetoed By Governor

Last month, the General Assembly passed a bill in the closing hours of the legislative session that would have voided certain non-compete agreements in the event that a business was merged or acquired. It was a watered-down...more

Under The Dome: Inside The Maine State House 4-26-13

Major Tax Reform Proposal Starts to Take Shape - This week, the Maine media reported that Senator Woodbury is leading a bipartisan effort to draft a major tax reform proposal. This proposal will likely propose changes...more

Under The Dome: Inside The Maine State House 4-19-13

A quiet week in Augusta. The House and Senate did not meet and only five Committees met to work on legislation. When the Legislature returns next week, there will be less than two months to go until the statutory adjournment...more

Employment And Labor Alert: Bill Banning Noncompete Agreements Likely Stalled For 2013, But Remains Viable For 2014

Legislation has been introduced in the Minnesota House of Representatives that would completely ban employment noncompete agreements, with exceptions for sale of business-based provisions. If passed, the proposed law would...more

NLRB Decisions To Fall Like Dominos?

As you may have heard, the District of Columbia Circuit Court of Appeals recently sent shockwaves through the labor relations world by holding that President Obama's "recess" appointments to the National Labor Relations Board...more

NLRB Gets Busy – Part 2 NLRB Incursion Into Non-Unionized Workplace

In January, we told you about recent activity by the National Labor Relations Board that overturned or departed from settled precedent. As promised, in Part 2 of this Alert series we summarize recent decisions where the...more

AB 1344 Addresses Employment Contracts, Open Meetings Notice, and Penalties for Misuse of Public Office

Assembly Bill 1344 (“AB 1344”), signed by the Governor on October 9, 2011, made several changes to laws involving local governance. The bill was introduced in response to the City of Bell controversy. The provisions of AB...more

The Fiscal Cliff Deal - What does it mean for you and your business?

In the early morning hours of January 1, 2013, the Senate approved the American Taxpayer Relief Act of 2012 (the “Act”) by a vote of 89-8. Less than 24 hours later, the House of Representatives also approved the Act by a vote...more

Minnesota House Commerce Committee Chair Announces 2013 Priorities

House Commerce Committee Chair Designate Joe Atkins has announced his top ten committee topics for the 2013 legislative session. Leading the list, not surprisingly, is health insurance exchange legislation. Passage of HIE...more

Legal Alert: Congress Approves Legislation Expanding Federal Whistleblower Protection Act

Executive Summary: On November 14, 2012, the Senate passed the Whistleblower Protection Enhancement Act (WPEA) of 2012. The House previously approved the Act, and President Obama is expected to sign it into law. The Act...more

Don't Fear The Reefer: Legalization of Marijuana To Have Little Effect on WA Employers

On November 6, 2012, Washington became a national trailblazer when voters approved a state initiative legalizing the recreational use of marijuana (Colorado passed a similar law the same day). As of December 6, 2012, it will...more

Dues Checkoff Clear In Revocation Requirements, Says NLRB (By Default)

The looming presidential election seems to have slowed the NLRB down, despite the fact the Board is currently at a full complement of five members. As of July 24, it will be down to four, as Member Flynn's resignation will...more

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