Emerging Trends Newsletter - Q2

Stinson Leonard Street

We are thrilled to bring you the 2nd installment of Stinson Leonard Street's Emerging Trends newsletter. We are proud of the depth and breadth of experience and knowledge across our firm's 13 offices nationwide and are excited to share this through the Emerging Trends newsletter.

Attorneys from several different practice areas and from across our firm's geographic footprint will regularly share their insights in to the latest legal developments in various industries and the impact these will have on our clients' businesses.

We hope you enjoy the newest installment and be sure to be on the lookout for upcoming issues.

Recent Delaware Supreme Court Opinion Limits General Personal Jurisdiction for Foreign Corporation

John Young, Jr. - Financial Services & Class Action Litigation
Recent Delaware Supreme Court decision constitutes persuasive authority with which to dispute federal personal jurisdiction based solely on a foreign corporation's appointment of a registered agent.

U.S. Supreme Court Provides Some Defense for Class Action Defendants in Spokeo Decision

William Thomson - Business Litigation
This article discusses the implications of a Supreme Court decision concerning what types of injuries are sufficient to give a plaintiff standing to sue, and outlines the potentially favorable implications of the decision for class action defendants.

Colorado Department of Labor & Employment Tightens Use-it-or-Lose-It Vacation Policies

Perry Glantz - Financial Services and Class Action Litigation and Nicole Faulkner - Labor, Employment and Employee Benefits
The Colorado Department of Labor & Employment has weighed in on use-it-or-lose-it vacation time policies, which has raised new issues for employers. This article offers an overview of the Department's guidance and discusses several examples of typical policies that may now run afoul of the Department's interpretation of the law.

To Tip or Not to Tip

Carrie Francis - Labor, Employment and Employee Benefits
In the past year, there has been a sharp increase in lawsuits claiming that service industry employers are violating the Fair Labor Standards Act (“FLSA”) by not properly paying their tipped employees minimum wages and overtime. This article provides general information concerning the application of the FLSA to employees who receive tips and informs readers of the most common pitfalls that cause legal claims or government audits.

Top 5 Things the Financial Industry Needs to Do in Response to the CFPB's Proposed Arbitration Rule

Zane Gilmer - Financial Services & Class Action Litigation and Liz Kramer - Business Litigation
This article takes a look at the CFPB's recent, and highly controversial, proposed rule to limit class action waivers in arbitration agreements. It provides readers with valuable advice on coping with the effects of the proposed rule and focuses on the top five things that financial institutions need to do in response to the proposed rule.

FFIEC Releases Joint Statement Voicing Need for Financial Institutions to Protect Against Cyber (FinTech) Attacks

George Sand - Banking & Financial Services
This article gives the regulatory perspective and expectations on banking cyber protection as well information on bank action to protect against cyber/FinTech attacks.

Phishing, Malware and the IRS:  Staying Ahead of the Scammers

Eileen Day - Tax, Trust & Estates
Be alerted to recent scams coming by phone and email. Review smart tactics to avoid being scammed.

Popularity of Certified B Corporations, Benefit Corporations Continues to Grow

Vicki Westerhaus - Corporate Finance
Learn about another milestone for B-Corps and Certified B Corps. The first B Corp/Certified B Corp files a Form S-1 registration statement with the SEC to go public, with backing of its private equity investor.

Daily Fantasy Sports Gains Acceptance

Chuck Hatfield - Business Litigation
Learn about the growing legalization of daily fantasy sports gambling online as states look to capitalize on a multi-billion dollar industry.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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