Brazil has been at the forefront of regulatory initiatives shaping its ecological framework, with numerous subjects from financial responsibility to the regulation of carbon markets occupying its legislative agenda. A recent article in JDSupra provides an in-depth exploration of these timely subjects. One of the dominant themes in the Brazilian environmental law update corresponds to…
In 2019, California initiated a legislative maneuver with a potential far-reaching impact for both employers and employees. The state passed a law that called for the creation of the Long Term Care Insurance Task Force (“Task Force”). It tasked the group with a comprehensive examination of the design and implementation methodology of a long-term care…
In a recent development, a regional bank has been slapped with a significant penalty for alleged violations of the National Flood Insurance Act and Regulation H, as reported by the Federal Reserve Board. The fine, totaling $2.95 million, is a stark reminder of the weight and influence of regulatory structures in today’s financial landscape. The…
In recent development regarding wireless regulation, the Federal Communications Commission (FCC) has requested comments on proposed revisions to the rules concerning spectrum sharing. The request specifically targets Non-Geostationary Orbit and Fixed-Satellite Service Systems. Learn more about it here. The proposed rule signifies a necessary step towards the structuring of regulation for a new generation of…
The past week has been notably litigious in London, with a series of lawsuits making headlines across Britain’s legal landscape. In a noteworthy turn of events, a faltering funeral plan business lodged a claim against a former director, while decorated gambling hall operator, MaxBet, strategically sidestepped into the battleground with two fresh claims pertaining to…
In adhering to recent activity from the National Labor Relations Board (NLRB), attention has been rapt towards a notable change in policy where the NLRB significantly expanded the conditions in which an employee’s individual complaint might be categorized as “protected concerted activity” under the National Labor Relations Act (NLRA). This development, whilst happening amidst a…
On August 23, a significant development in the regulatory landscape for private funds was noticed when the United States Securities and Exchange Commission (the “SEC” or “Commission”) adopted rules and rule amendments (the “PFA Rules”) under the Investment Advisers Act of 1940 (the “Advisers Act”). These amendments impose a slew of new requirements and obligations…
An Indiana appeals court has dismissed a derivative malpractice lawsuit filed by a shareholder in a consumer collections law firm against the outside attorneys tasked with assisting his office’s merger with a larger organization. The plaintiff in the case, Glenn Vician, was arguing against lawyers from the firm Bingham Greenbaum & Doll LLP. His lawsuit…
In a recent development, the FTC has halted an allegedly false AI-driven earnings scheme. A federal court enforced a temporary restraining order against Automators, LLC, its affiliated entities, and operators. This court order has emerged in response to a lawsuit lodged by Federal Trade Commission (FTC) in which the defendants were accused of violations under…
The Occupational Safety and Health Administration (OSHA), has opened a new chapter in its rules and regulations. On August 30, 2023, it published a proposed rule that could redefine who is permitted to engage in walkaround inspections conducted as part of OSHA audits. This proposal aims to permit third party participation in these inspections, which…
The U.S. Department of Labor (USDOL) is proposing changes to expand minimum wage and overtime protections. The plan involves increasing minimum salaries for those with White Collar exemptions under the Fair Labor Standards Act, as reported by JD Supra. Over recent years, the USDOL has made several promises to review and improve these regulations. However,…
As we move into the fourth quarter of 2023, several notable trends in real estate finance (REF) are coming to the fore. Legal professionals across the UK, Europe, and the US need to take close notice of these shifts and prepare for the potential challenges and opportunities posed. In their recent legal analysis, Hogan Lovells…
In the modern corporate environment, there’s an ongoing debate concerning what really matters in the workforce: knowledge or skills. Often, hiring teams find themselves tangled up in intense discussions trying to resolve the conundrum, only to potentially miss out on the right candidates. As presented in an article by Mitratech Holdings, Inc., this conversation extends…
In the midst of rising temperatures across various regions of the country, the Occupational Safety and Health Administration (OSHA) is taking proactive steps to establish a heat illness standard for employers with indoor and outdoor work settings. The new standard is a critical advancement in workplace safety norms aimed at reducing heat-related illnesses and injuries…
The Internal Revenue Service (IRS) has recently issued a notice, IR-2023-144, warning interested parties about compliance issues tied to employee stock ownership plans (ESOPs) related to the tax liability of high-income taxpayers. The notice signals a shift in the IRS’s enforcement focus towards ESOP-related tax avoidance. Despite the reasons behind the issuance of the notice…
In London’s recent legal discourse, several significant cases have emerged that may impact corporates, law firms and entities in various sectors. Specifically, noteworthy developments include a collapsed funeral plan business lodging a claim against its ex-director, gambling hall operator MaxBet initiating two new claims over a problematic acquisition, and automaker BMW contending with additional class…
A coalition of 14 Democratic Attorneys General (AGs), spearheaded by New Mexico AG Raul Torrez, recently penned a letter to Congressional leaders advocating for the expansion of benefits provided under the Radioactive Exposure Compensation Act (RECA). This proposed modification has already received bipartisan approval within the Senate. RECA, instated to compensate victims of the United…
The California Department of Financial Protection and Innovation (DFPI) has recently adopted final regulations, thereby becoming the nation’s pioneer regulator with the authority to monitor “abusive” acts and practices within commercial financing. This definitive step marks an important development in the trajectory of the California Consumer Financial Protection Law’s regulations overseeing commercial financing. This decisive…
The U.S. Securities and Exchange Commission (SEC) recently adopted new rules and rule amendments under the Investment Advisers Act of 1940. The changes will lead to heightened regulation for private fund advisers, playing directly into three of the SEC’s enforcement priorities aimed at investor protection and risk management. These enforcement priorities are transparency, conflicts of…
In a dynamic and highly competitive world, fostering optimal work performance from employees forms an integral part of any HR department’s objectives. Attracting, keeping, and engaging top performers is essential for ensuring the firm’s sustained productivity and growth. In line with this, Mitratech Holdings, Inc has offered a collection of 35 insightful tips aimed at…
The California Supreme Court has recently passed a notable ruling in the matter of Private Attorneys General Act (PAGA) claims. In the case, Adolph v. Uber Technologies, Inc., 532 P.3d 682 (Cal. 2023), the Court held that even if a plaintiff who asserts both individual and representative PAGA claims in court is compelled to arbitrate…
In recent legal news, the United States National Labor Relations Board (NLRB) adopted a more stringent legal standard for determining the extent to which a work rule can be considered overly restrictive. This ruling came as part of the Stericycle, Inc. vs. Teamsters Local 628 case on August 2, 2023. According to the ruling, the…
The Americans with Disabilities Act (ADA) has long been a guide for many employers in accommodating the needs of their employees with disabilities. However, some legal grey areas continue to present dilemmas and challenging situations, especially associated with disciplinary actions against employees with diagnosis of mental health conditions such as post-traumatic stress disorder (PTSD). According…
In the wake of rising industry concerns, a bipartisan group of 33 Attorneys General, led by North Carolina AG Josh Stein, has taken a stand against the burgeoning threat poised by the influx of illegal flavored disposable e-cigs. The group issued a letter directly to the U.S. Food and Drug Administration (FDA) and the Center…
In the intricate world of estate and trust planning, the selection of a trustee marks a key decision with lasting implications. The trustee is charged with the overall management of your trust, calling for an individual or institution that guarantees remarkable dependability and apt financial acumen. It has become quite common for individuals to lean…