In a decision that reverberates within the financial industry, the Washington Court of Appeals has ruled that investment funds are liable to Washington state’s business and occupation (B&O) tax on their investment income. This ruling is seen as a substantial reinterpretation of the tax law applied to business and investment entities within the state. The…
The annual NILG (National Industry Liaison Group) National Conference for 2023 has recently concluded. All good things must come to an end, and so it was with this year’s conference says JDSupra. The last day of the conference, held in tradition, presented a panel featuring the OFCCP’s (Office of Federal Contract Compliance Programs) regional directors….
In a significant development since Brexit took place, the Financial Services and Markets Act 2023 (the Act) was published on 7 July 2023. This milestone signals significant strides in the process to construct the UK’s ‘Smarter Regulatory Framework’ post-Brexit. This is a part of the broader undertaking to review and enhance the UK’s wholesale markets….
The world of cryptocurrency has been in a legal whirlwind, particularly related to the issue of ‘Crypto as a Security’ and the application of the Howey Test. Recent legal developments have brought this issue closer to resolution, shedding some light on the often murky waters of crypto law. One of the most significant recent case…
The future of non-compete agreements in the state of New York remains uncertain as Governor Kathy Hochul awaits signing off on legislation that could potentially establish one of the country’s most rigid bans on such agreements. The proposed legislation faces stern opposition from lobby groups across the financial and corporate sector who are pressing the…
Alt Legal, the cloud-based trademark docketing software company, has announced their fourth and most recent acquisition to be the docketing business and customers of TM Cloud, a competing provider of trademark and intellectual property docketing software. This acquisition sees Alt Legal expanding its customer base even more both domestically throughout the United States and across…
The legal world, with its variety of complexities, has consistently been projected as being on the brink of radical metamorphosis. These predictions, highlighting everything from apocalyptic demise to significant restructuring, seem to emerge in regular five to ten year intervals. This cyclic wave of predictions can be traced at least as far back as the…
In a recent and highly anticipated ruling, the National Labor Relations Board (“NLRB” or “Board”) unveiled its decision in the Stericyle case, fundamentally impacting how employers shape, implement, and enforce their workplace policies. This pivotal ruling applies to all businesses, irrespective of whether their employees are represented by a labor union. The Stericyle Board, largely…
The Federal Energy Regulatory Commission (FERC) issued an order on July 3, affirming its increased scrutiny of the ties between investors and public utilities. Of particular concern are the investors who exert control over these utilities through their representation on company boards, or the boards of companies that hold interests in these utilities. This order…
The Office of Federal Contract Compliance Programs (OFCCP) has recently announced the “Pre-Enforcement Notice & Conciliation Procedures” final rule, a pivotal shift in their strategy that is sparking a frenzy among federal contractors. Legal luminaries, John C. Fox and Candee Chambers, explore the implications of this new rule in the latest installment of DE Under…
In a fascinating development in electric vehicle (EV) manufacturing and financing, Tribal Nations are leveraging their sovereign status to address longstanding state laws that often inhibit direct sales from vehicle manufacturers to buyers, which has hindered progression in EV sales. A comprehensive report by McGlinchey Stafford elucidates the issue at hand and the actions being…
The Consumer Financial Protection Bureau (CFPB) has filed its reply brief with the U.S. Supreme Court in Community Financial Services Association of America Ltd. v. CFPB, according to an update from JD Supra. In the case, the Community Financial Services Association of America (CFSA) has requested the Supreme Court to confirm the decision from the…
Complexities often arise when interpreting laws that grant employees leave, especially in cases with overlapping provisions. Take for instance, FMLA (Family and Medical Leave Act) and FAMLI (Family and Medical Leave Insurance) leave in the context of the new FAMLI Act implemented in Colorado. Consider a scenario in which a pregnant employee in Colorado is…
Trade and compliance professionals operating in the international legal landscape have a fresh set of complexities facing them. The intersection of “Buy America” provisions and the Federal Acquisition Regulations (FAR) are causing a stir within the sphere of global commerce and procurement, particularly in government contracts. A noteworthy development, as observed by the Braumiller Law…
The U.S. Department of Justice (DOJ) and the U.S. Environmental Protection Agency (EPA) have jointly announced the creation of a regional, cross-agency taskforce focused on environmental crimes in Puerto Rico and the U.S. Virgin Islands. This new task force signifies a growing trend of legal attention being levied on environmental regulation violations by businesses, a…
In the latest legal development from the United Kingdom, the UK Supreme Court delivered a significant verdict in R (PACCAR Inc & ors.) v Competition Appeal Tribunal & ors [2023] UKSC 28 that bears great implications on litigation funding. The court pronounced that litigation funding agreements, referred to as “LFAs”, are in fact a provision…
In a recent and insightful article, Judge Pierre Bergeron discussed his perspective on the declining prevalence of the jury trial in the United States, and the threat it poses to public confidence in the judiciary and democracy itself. The Ohio state judge’s ideas to counter this trend and reinvigorate this sacred right deserves the attention…
In the modern digital era, the role of a legal professional extends beyond the courtroom and reaches the virtual spheres of search engine optimization and website building. One essential component in optimizing your law firm’s online presence is the effective use of meta descriptions. A concise and illuminating article published on JD Supra provides insights…
In the ever-evolving landscape of M&A litigation, a fresh ruling by the Delaware Court of Chancery has provided a newly sharpened tool for legal professionals navigating disclosure-related actions. The court has recently held that supplemental disclosures need to be “material” – a condition that isn’t met simply by virtue of their existence – in order…
Recent updates provide a comprehensive overview of the assessment appeals deadlines for counties in Pennsylvania during the post-August 1, 2024 tax year. Jurisdictional nuances in the domain of regulatory compliance mandate careful and detailed scrutiny for legal teams. The August 1 annual assessment appeal filing deadline has now passed for 26 counties, necessitating an updated…
As the world continues to embrace the convenience of flexible jobs, the legal transcription profession offers an attractive opportunity. This particular field is not only lucrative but also offers expedited training and substantial pay. Furthermore, the role of a legal transcriptionist is pivotal in the legal industry, converting spoken language into written text which is…
The USPTO recently published an updated report on Inter Partes Review (IPR) and Post Grant Review (PGR) proceedings, which spotlighted the Orange Book or biologic patents. These findings incorporate data until March 31, 2023, offering a revealing look into this crucial patent litigation realm. Significant for stakeholders navigating this intricate field are marked variances in…
In a noteworthy case for online businesses, the English Commercial Court has put forth a decision that may cause businesses to reconsider reliance upon arbitration clauses in standard terms. The case of Payward Inc. v Chechetkin resulted in the English Court refusing to recognise a US arbitration award based on public policy grounds, thus allowing…
In June 2023, LinkedIn initiated an algorithmic augmentation to focus more on professional, trustworthy content, placing diminished emphasis on casual or opinionated content. This provides legal professionals with an unrivaled opportunity to ameliorate online presence, strengthen networking potential, gain prospective clients, and capitalize on showcasing expertise. This information follows the update on LinkedIn’s Best Practices…
On August 4, 2023, Indiana University Health made public a data breach issue that took place because of third-party vendor’s application of the file transfer system, MOVEit. The vendor in question was TMG Health, Inc. As per the notice by IU Health, the mentioned incident guided an unauthorized party to be able to access members’…