Ohio Legalization of Recreational Marijuana: Potential Impact on BWC’s Drug-Free Safety Program

Ohio’s recent legalization of recreational marijuana has solicited questions regarding its potential impact on the Bureau of Workers’ Compensation’s (BWC) Drug-Free Safety Program (DFSP). The Frantz Ward’s Labor & Employment Group has previously written on the topic, specifically addressing the BWC’s stance on marijuana in the DFSP after the 2016 legalization of medical marijuana. Historically,…

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FCC’s Proposed “One-to-One Consent” Rule Poses New Challenges for Lead Generation Industry

As legal professionals, be aware of the important alterations the Federal Communications Commission (FCC) is pondering towards current consent policies. The FCC announced on November 22nd that new rules, potentially requiring what it refers to as “one-to-one consent,” are set to be discussed on December 13. This change could bring a significant disruption to the…

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Understanding the Corporate Transparency Act: Implications for Exempt and Excluded Entities

As the world of corporate law evolves to meet changing international regulatory demands, legal professionals must stay abreast of the latest legislation, one of which includes the Corporate Transparency Act (CTA). Coming into effect on January 1, 2024, this Act will significantly affect entities which are exempt or excluded from reporting company status. With its…

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CFPB Approves Pilot Program for Construction Loan Disclosures: A Shift in Regulatory Landscape

In a step signalling change, the Consumer Financial Protection Bureau (CFPB) gave green light to a pilot program addressing construction loans. This approval followed an application submitted by a community banking trade organization indicating a significant shift in the existing regulatory landscape. The application, prepared under the CFPB’s trial policy programs that fall under Section…

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China’s TC260 Drafts Cybersecurity Guidelines for Cross-Boundary Personal Data Protection in Greater Bay Area

On November 1, 2023, the National Information Security Standardization Technical Committee (全国信息安全标准化技术委员会) or “TC260,” introduced a public consultation on the draft Practice Guidelines for Cybersecurity Standards. This policy-making body from the Cyberspace Administration of China (“CAC”) is focusing on requirements for Cross-Boundary Personal Information Protection within the Guangdong-Hong Kong-Macau Greater Bay Area (“GBA”) for this…

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US Transportation Sector Adopts National Framework for Tracking Greenhouse Gas Emissions

In a move that is significant for environmental conservation efforts in the U.S., the United States Department of Transportation/Federal Highway Administration (DOT) has promulgated a final rule focusing on the tracking of transportation-related greenhouse gas emissions (GHG). The rule is described as providing several key government organizations a national framework to follow up with GHG…

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FDA Issues Final Rule for Improved Clarity in Direct-to-Consumer Prescription Drug Ads

In a significant regulatory development, the Food and Drug Administration’s (FDA) Office of Prescription Drug Promotion has issued a Final Rule related to direct-to-consumer (DTC) advertisements for human prescription drugs in television or radio format. Let’s delve into what this entails. Arnall Golden Gregory LLP provided insights on this development. This Final Rule follows half…

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Beneficial Ownership Filing Deadlines Extended for Companies Formed in 2024

In an amendment to the Corporate Transparency Act (CTA) regulations, the Financial Crimes Enforcement Network (FinCEN) has announced extensions to the beneficial ownership filing deadlines specific to companies formed or created in the year 2024. This amendment is a decision by FinCEN, a part of the U.S. Treasury Department tasked with safeguarding financial systems from…

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SEC Unveils New Proxy Guidance: Clarifying Universal Proxy Card Treatment and 10-Day Waiting Period Calculations

On November 17, 2023, the Division of Corporation Finance of the Securities and Exchange Commission (“SEC”) unveiled a series of new and revised proxy-related compliance and disclosure interpretations (“CDIs”). This legal maneuver, as detailed in an update provided by Venable LLP, offers critical guidance on the treatment of overvoted and undervoted universal proxy cards and…

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Illinois Supreme Court Clarifies Biometric Data Collection Exemption Under BIPA and HIPAA

In a notable decision issued on November 30, 2023, the Illinois Supreme Court addressed a certified question over the protection of biometric information collected from health care workers under the Illinois Biometric Information Privacy Act (BIPA). The case, Mosby v. The Ingalls Memorial Hospital, revolved around whether biometric data used for health care treatment, payment,…

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OCC Announces New Enforcement Actions Targeting National Banks and Federal Savings Associations

On November 16, the Office of the Comptroller of the Currency (OCC) disseminated a list of fresh enforcement actions directed at national banks, federal savings associations, and persons presently and previously affiliated with these institutions. This significant piece of information was announced by Orrick, Herrington & Sutcliffe LLP. Among these enforcement actions, a prominent feature…

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North Carolina Court of Appeals Limits Review Grounds for Noncompete Injunction Denial

In a significant development in North Carolina’s employment law landscape, recent changes have seen limitations placed on the grounds for reviewing issues related to the denial of noncompete injunctions. The local Court of Appeals has contributed significantly to how these issues are to be handled moving forward. For clarification, a noncompete injunction can be issued…

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EuGBS: The Game-Changer for Green Bonds in the European Union

The European Union recently published its European Green Bonds Regulation (the “EuGB Regulation”) in the Official Journal. This introduces the “European Green Bond Standard” (the “EuGBS”), a designation that bond issuers can use on a voluntary basis. The introduction of the EuGBS signals a significant development in the European Union’s pursuit of a sustainable economy,…

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Canadian Competition Act Overhaul: Exploring the Implications for Businesses and Law Firms

Changes are on the horizon for the Canadian Competition Act, highlighted by an expanded scope for private enforcement and a broader reach for merger reviews, among other amendments. Following a proposal by the Canadian Government on November 28, 2023, these far-reaching updates were hinted on the governmental Fall Economic Statement. From this proposal, several key…

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Ardent Health Services Faces Ransomware Attack: Ensuring Cybersecurity in the Healthcare Sector

In recent cybercrime news, Ardent Health Services, a Nashville-based healthcare corporation, has announced a severe ransomware attack that significantly affected 30 of its hospitals, leading several emergency rooms to temporarily shut down across at least three states. This unfortunate news was declared on November 27, 2023; it adds yet another chapter to the alarming increases…

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Supreme Court Sets Boundaries for Injunctive Relief Against ‘Persons Unknown’ in Trespassing Cases

In a decisive move, the Supreme Court has clarified the limits of injunctive relief against ‘persons unknown’ in cases of trespassing. As reported by JD Supra, this development provides a valuable lens into the complex interplay between property rights and individual liberties. Injunctive relief against unidentified individuals have been called into service in a wide…

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Navigating US State Privacy Laws: A Comprehensive Compliance Checklist for Businesses

In the face of the intricate patchwork of U.S. state privacy laws, legal professionals and corporations are dealing with increasing uncertainty regarding their obligations and timelines for compliance. However, by adhering to certain best practices, businesses can achieve broad compliance. In targeting the steps laid out in a newly published data privacy compliance checklist in…

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FMCSA Rule Ensures Financial Security for Freight Brokers and Carriers

In a significant development for motor carriers and responsible freight intermediaries, the Federal Motor Carrier Safety Administration (FMCSA) announced a final rule on November 16, 2023. Under this rule, freight brokers and surface freight forwarders must demonstrate sufficient financial means to compensate the carriers they make use of. Read more here. This final ruling aims…

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US Carbon Emissions Projected to Decrease Despite Economic Growth: Implications for Legal Sector

Recent studies have unveiled intriguing results regarding US carbon emissions, indicating a decrease by the end of 2023 despite an anticipated economic expansion of about 2.5 percent. Indeed, the United States Energy Information Administration has confirmed that US energy-related emissions are on track to fall by 3 percent this year, a positive outcome primarily driven…

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