NLRB Amends Federal Regulations Governing Representation Election Procedures: Implications for Employers and Employees

On August 24, 2023, the National Labor Relations Board (the “Board”) issued a final rule amending the federal regulations that govern representation election procedures, according to an update by Littler. The 2023 final rule is the latest action in a series of changes that the Board has made over the years, alternately shortening or lengthening…

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SEC Awards Over $104 Million to Seven Whistleblowers in Fourth-Largest Payout in Program’s History

The U.S Securities and Exchange Commission (SEC) has recently announced one of its largest whistleblower award payouts in history. The program saw over $104 million granted to seven whistleblowers following a successful SEC enforcement action. This is the fourth-most considerable reward offered in the history of the SEC’s whistleblower program. More details can be found…

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RoundPoint Mortgage Data Breach: Third-Party Vendor Security Lapse Exposes Sensitive Customer Information

On August 29, 2023, Sovos Compliance, LLC, a third-party service provider, filed a notice of data breach with the California Attorney General on behalf of RoundPoint Mortgage Servicing, LLC. This data breach incident allowed unauthorized parties access to RoundPoint Mortgage customers’ sensitive information. The data breach resulted from an observable security lapse in the MOVEit…

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Generative AI: The Lifeline for Patent Industry’s Future Sustainability

The patent industry faces a concerning divide between early- and late-career practitioners, raising questions about its future sustainability. Challenges ahead for law firms include not just recruitment, but the adaptation to a shifting revenue landscape. Amidst these rising concerns, there’s one technological solution that’s seen by many as a potential lifeline – generative AI. According…

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John Eastman Defies Accusations Amid Georgia Indictment and Attorney Discipline Proceedings

On August 4, John Eastman, previously counsel for the president, attempted to invoke his Fifth Amendment rights in a bid to postpone attorney discipline proceedings, which were being brought against him in California. Eastman’s argument was that he would be unable to defend himself without potentially incriminating himself in a possible criminal prosecution in Fulton…

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FTC Urges Caution for Corporations Utilizing AI to Maintain Compliance with Legal Obligations

Despite the lack of immediate federal legislation addressing the regulation of AI, it is apparent that US federal agencies, including the Federal Trade Commission (FTC), are underscoring the need for regulated entities to ensure that AI utilization complies with existing laws and regulations. This message is being conveyed through different measures, with the FTC ensuring…

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Employers Reassess Diversity Policies Amid Supreme Court Affirmative Action Ruling

In light of a recent U.S. Supreme Court decision surrounding affirmative action use in higher education admissions, it seems employers may need to re-evaluate their diversity policies. The case, Students for Fair Admissions, Inc. v. President and Fellows of Harvard College, ruled against the use of affirmative action in admissions processes within higher education institutions….

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Forever 21 Data Breach Exposes Over 539,000 Customers’ Personal Information: A Call for Enhanced Cybersecurity Measures

In an era of escalating cybersecurity threats, the retail industry is also facing the consequences of data breaches. Most recently, fashion retail giant F21 OpCo LLC also known as Forever 21, reported a significant leakage of personal data, affecting more than 539,000 individuals. The breach was reported to the Attorney General of Maine on August…

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Preparing for Hurricane Peak Season: Top Tips for Corporate Resilience

As we approach the statistical peak of the Atlantic Basin hurricane season, it becomes imperative for corporations, especially those in hurricane-prone areas, to enforce vigilant measures and reassess their preparedness plans. Drawing lessons from past experiences, such as the devastating impacts of Hurricane Katrina and Ida, there stands a marked importance to incorporate resilience in…

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Seventh Circuit Reexamines $57.4M Attorney Fee Award in Chicken Price-Fixing Case

In a recent decision impacting corporate legal departments and law firms managing large-scale litigation, the Seventh Circuit has ordered a lower court to reconsider the sum of $57.4 million awarded in attorney fees. This significant ruling stems from a case related to alleged price-fixing activities in the broiler chicken market. The pivotal plaintiff involves Tyson…

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FDA Postpones Enforcement Deadline for Drug Supply Chain Security Act Compliance

In a move that captures the attention of international corporations and law firms, the United States’ Food and Drug Administration (FDA) postponed the enforcement date for organizations to conform with the Drug Supply Chain Security Act (DSCSA). Originally slated for November 27, 2023, the enforcement deadline affects drug and device manufacturers, wholesale distributors, dispensers, and…

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Georgia Enacts Commercial Financing Disclosure Law: Impact on Corporate Legal Landscape

In what could be an influential move for the corporate legal industry, Georgia has enacted its own Commercial Financing Disclosure Law, otherwise known as the CFDL, on a par with established laws in the states of California, Florida and New York. The Georgia CFDL is specifically applicable to covered “Commercial Financing Transactions”. Strikingly, Georgia’s new…

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Unlocking the Potential of Somatic Mosaicism in Advancing Precision Medicine

The National Institutes of Health (NIH) is spearheading efforts in precision medicine research, building upon their commitment to advance understanding and treatment of diseases through personalized therapies. Central to these efforts are the intricacies of somatic mosaicisms, post-conception changes to cellular DNA that result in genetic variance among cells within an organism. A nuanced understanding…

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Safeguarding Delaware LLCs: Preventing Misuse of Records and Strengthening Governance

In the realm of corporate law, Limited Liability Companies (LLCs) operating in Delaware face a unique challenge: how to safeguard themselves from the misuse of their records, particularly by their members or managers, as highlighted by legal advisors at Bodman. Given the sensitive nature of information in the LLC’s books and records encompassing financials, governance,…

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ISA’s Proposed Legislation: A Step Towards Clarifying Digital Assets in Securities Laws

The Israel Securities Authority (ISA) has recently revised a legislative proposal that addresses the application of securities laws to the rapidly evolving world of digital assets. In an attempt to bring clarification to this legal grey area, the newly proposed legislation aims to dictate how securities laws interact with various actions involving digital assets, while…

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Southwest Airlines Challenges First Amendment in Religious Liberty Training Mandate

Southwest Airlines has claimed a judicial mandate that necessitates three of its senior attorneys to attend “religious liberty” training is in breach of its First Amendment right. The obligation comes following a lawsuit from a former flight attendant, who argued she was dismissed due to her anti-abortion standpoint. The judge’s order was issued against Southwest…

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NLRB Reinstates Expedited Union Election Rules, Impacting Corporate and Legal Landscape

Recent amendments by the U.S. National Labor Relations Board (NLRB) indicate that significant changes are around the corner for the conduct of elections within organizations. These changes, which took effect August 24, 2023, are partly a reversal of several Trump-era rules and partly a re-implementation of rules dating back to the Obama administration. The crux…

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OSHA Investigation Finds NDEQ Retaliation Against Whistleblower for Reporting Public Water Concerns

In a recent development, the Occupational Safety and Health Administration (OSHA) publicized the results of a whistleblower investigation related to North Dakota Department of Environmental Quality (NDEQ). This investigation was initiated following OSHA’s allegation that NDEQ retaliated against a staff environmental scientist who reported safety concerns about a public water system – both to the…

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OSHA Proposes Reinstating Third-Party Representatives in Workplace Inspections

The U.S. Occupational Safety and Health Administration (OSHA) has unveiled a proposed rule change that seeks to revert to an Obama-era policy concerning employee representatives during OSHA workplace inspections. As of August 29, 2023, the newly proposed rule would allow employees to select third-party representatives to accompany inspectors during OSHA walkaround inspections of their employer’s…

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