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Reclassification Rules

Harris Beach PLLC

Does Rescheduling Cannabis Make it Eligible for Interstate Commerce?

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Even with the expected rescheduling of cannabis from a Schedule I drug to a Schedule III drug, it will take more for it to be eligible for interstate commerce. Marijuana would remain subject to provisions of the Food,...more

Seyfarth Shaw LLP

Ripples in the OT Waters: Considering the Downstream Effects of Reclassifying Exempt Employees

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Seyfarth Synopsis: With the DOL’s new overtime exemption rule weeks from taking effect, employers must consider the impacts of reclassifying exempt employees. Some potential impacts are obvious, others not so much. Proactive,...more

Hendershot Cowart P.C.

OSHA Updates Hazard Communication Standard, Effective July 19

On Monday, May 20, 2024, the Department of Labor released the final rule from its Occupational Safety and Health Administration (OSHA) that will update the current Hazard Communication Standard. The updates take effect on...more

Harris Beach PLLC

DEA Seems Set to Reclassify Cannabis, Help Legal Marijuana Businesses

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In a boon to the cannabis industry, the federal government is reclassifying cannabis and easing federal restrictions on the drug, according to news reports. The Drug Enforcement Administration will approve a recommendation...more

Holland & Hart LLP

DEA Agrees to Reclassify Cannabis, But Many Questions Remain

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The DEA announced on Tuesday it will accept the Health and Human Services Department’s (HHS) recommendation to reclassify cannabis from Schedule I to Schedule III under the Controlled Substances Act.  This move will have a...more

Gardner Law

FDA's View on Cannabis

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The U.S. Food and Drug Administration (FDA) is continuing to support clinical research for cannabis and psychedelic drug development. On the heels of publishing its first draft guidance on clinical trials involving...more

Dorsey & Whitney LLP

As Exempt Salary Thresholds Continue to Increase, What are Best Practices for Employers Deciding to Reclassify Employees as...

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Under the federal Fair Labor Standards Act (FLSA), employees are classified as “exempt” or “non-exempt.” Employers covered under the FLSA must pay non-exempt employees at least the minimum wage for every hour they work and...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Reclassification of Major Sources as Area Sources Under Section 112 of the Clean Air Act: U.S. Environmental Protection Agency...

The United States Environmental Protection Agency (“EPA”) proposed revisions to the General Provisions of the Clean Air Act National Emission Standards for Hazardous Air Pollutants (“NESHAP”). The proposed rule revises...more

Perkins Coie

HHS Recommends Moving Cannabis to Schedule III

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Politico and Bloomberg both reported today that the U.S. Department of Health and Human Services (HHS) is officially recommending that marijuana be moved to Schedule III from Schedule I under the Controlled Substances Act...more

Bradley Arant Boult Cummings LLP

Smoke ‘Em if You Got ‘Em (OK, Not Just Yet): Feds Recommend Rescheduling Marijuana

According to a report from Bloomberg News, the U.S. Department of Health and Human Services (HHS) is officially recommending to the U.S. Drug Enforcement Agency (DEA) that marijuana be moved from Schedule I to Schedule III...more

Holland & Hart LLP

Is Reclassifying Marijuana as a Schedule III Drug the Right Move?

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Based on a news report from Bloomberg earlier this morning, the Department of Health and Human Services (HHS) has recommended to the Drug Enforcement Agency (DEA) that marijuana be reclassified as a Schedule III drug under...more

Foley Hoag LLP - Cannabis and the Law

Bloomberg Report: HHS Recommends Marijuana Move to Schedule III

Bloomberg News is reporting that the Department of Health and Human Services has recommended to the U.S. Drug Enforcement Administration, to whom power is delegated under the Controlled Substances Act by the Attorney General,...more

Davies Ward Phillips & Vineberg LLP

SEC Adopts Final Rules for Recovery of Erroneously Awarded Compensation

After years of deliberations and delays, the U.S. Securities and Exchange Commission (SEC) adopted final rules on clawbacks in October 2022. The new rules (known as Rule 10D-1) require U.S. national securities exchanges and...more

Lippes Mathias LLP

Potential USFWS Reclassification of The Northern Long-Eared Bat to “Endangered:” What Could This Mean for Developers

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On Wednesday, March 23, 2022, the U.S. Fish and Wildlife Service (USFWS) issued a Notice of Proposed Rulemaking (Proposed Rule) to reclassify the northern long-eared bat (NLEB) from “threatened” to “endangered” under the...more

Sheppard Mullin Richter & Hampton LLP

Tax Break for Certain Medical Billing Services in Texas

Texas HB 1445, which went into effect on January 1, 2022, exempts medical billing services performed before the submission of the relevant insurance claim from state sales tax. The new legislation legally exempts medical...more

Fenwick & West LLP

Delaware Supreme Court Endorses a New Three-Part Demand Futility Test

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On September 23, 2021—in United Food and Commercial Workers v. Zuckerberg—the Delaware Supreme Court endorsed a new universal three-part demand futility test. The decision will likely have far-reaching consequences, including...more

Husch Blackwell LLP

Missouri Emergency Rule Allows Employers To Request Reclassification Of Workforce's COVID-19 Vaccine Priority Tier

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On January 14, 2021, the Missouri Department of Health and Senior Services (DHSS) established vaccine priorities for many of the industries within Missouri’s workforce. Until now, employers could not appeal their vaccine...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Reclassification of Major Sources as Area Sources: U.S. Environmental Protection Agency Finalizes Revisions to Clean Air Act...

The United States Environmental Protection Agency (“EPA”) finalized revisions to the General Provisions of the Clean Air Act National Emission Standards for Hazardous Pollutants (“NESHAP”). The final rule allows a “major...more

Perkins Coie

Reclassification of Land From Urban to Agricultural Did Not Result in Unconstitutional Regulatory Taking

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The State of Hawaii Land Use Commission’s reversion of 1,060 acres from a conditional urban land use classification to the prior agricultural use classification was not an unconstitutional taking because the landowner could...more

Farrell Fritz, P.C.

Legislation Affecting the Pharmaceutical Industry

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During a year in which legislative activity was restrained by a variety of factors, most notably the Senate’s inability to maintain a consistent majority, the New York State Legislature nonetheless still passed 641 bills,...more

Womble Bond Dickinson

Net Neutrality Order Deep - Dive: Open Internet Rules Repealed, Transparency Requirements Remain, FTC Role over Broadband Privacy...

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In this Client Alert, we provide a deep dive on the FCC’s recent Declaratory Ruling, Report and Order, and Order, that largely repeals the so-called “Open Internet” regulatory framework implemented by the prior FCC Chairman...more

Polsinelli

Delaware Court of Chancery Extends Business Judgment Deference to Controller-Driven Stock Reclassification Transaction

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Recent Delaware court decisions have underscored the value of procedural safeguards in controlling stockholder transactions—which, at least when involving minority freeze-outs, historically were subject to entire fairness...more

Tonkon Torp LLP

Oregon Targets Renewable Heating Companies for Increased Assessments

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Biomass heating companies, which use renewable energy sources like wood, crop waste, or garbage to generate heat, will now come under central assessment in Oregon. Under central assessment, all of a company's property,...more

Farrell Fritz, P.C.

The Mysterious Case of the Disappearing Type II: Town not Permitted to Reclassify a Type I Action as a Type II Action

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In Miranda Holdings v. Town Board of Town of Orchard Park, ____ N.Y.S. 3d, ____, 2017 WL 2884633 (4th Dept. July 7, 2017), Petitioner, Miranda, proposed a commercial structure that included a restaurant with a drive-through...more

Seyfarth Shaw LLP

One Step Back, One Step Forward: New Debt-Equity Regulations Narrow Their Focus on Earnings Stripping

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Seyfarth Synopsis: On October 13, 2016 the IRS and Treasury Department published over 500 pages of final and temporary regulations under Code Section 385 (the “Final Regulations”). Drafted to curtail tax benefits accrued by...more

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