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HTMLPotential Impacts of Foreign Portfolio Investors and the Minimum Alternate Tax in India
Duane Morris LLP;
Legal Alert/Article
February 16, 2015, previously published on January 23, 2015
A fascinating tale of two relatively new concepts coming head-to-head - Foreign Portfolio Investors (FPIs) and Minimum Alternate Tax (MAT) - is unfolding in India currently.

 

HTMLU.S. Supreme Court Decides Time Spent in the Security Screening Process Is Not Compensable Under the FLSA
Duane Morris LLP;
Legal Alert/Article
February 16, 2015, previously published on December 11, 2014
The U.S. Supreme Court handed down a unanimous opinion on December 9, 2014, in Integrity Staffing Solutions Inc. v. Busk et al., ruling that employees' time spent waiting to undergo and undergoing post-shift security screenings is not compensable under the Fair Labor Standards Act (FLSA).

 

HTMLLatest Developments in Regulation of XXX/AXXX Captives
Duane Morris LLP;
Legal Alert/Article
February 16, 2015, previously published on December 8, 2014
The National Association of Insurance Commissioners (the "NAIC") is forging ahead with its work on captive insurance companies used by life insurance companies to finance reserves required under current regulations; these reserves are commonly referred to as "XXX reserves" for...

 

HTMLNew California Anti-Bullying Law Likely to Have Wide-Reaching Impact
Duane Morris LLP;
Legal Alert/Article
February 16, 2015, previously published on December 4, 2014
Since 2006, California law has required all employers of 50 or more who conduct business in the state to provide at least two hours of interactive training and education regarding sexual harassment to all supervisory employees. That training is required at least once every two years and must be...

 

HTMLMumbai Income Tax Appellate Tribunal Rules on Whether Income of Offshore Discretionary Trust Is Subject to Tax in India
Duane Morris LLP;
Legal Alert/Article
February 16, 2015, previously published on January 15, 2015
The Mumbai Income Tax Appellate Tribunal (ITAT) has recently determined the following issue in the affirmative in the case of Manoj Dhupelia: Should the income of an offshore discretionary trust be subject to tax in India, if no distributions have been made to beneficiaries in India?

 

HTMLU.S. Supreme Court Rules for Employer in Retiree Medical Benefits Case
Duane Morris LLP;
Legal Alert/Article
February 16, 2015, previously published on January 27, 2015
In M&G Polymers USA, LLC v. Tackett, the United States Supreme Court addressed the claims of retirees that certain expired collective bargaining agreements created a right to lifetime contribution-free healthcare benefits for retirees, their surviving spouses and their dependents. Writing for a...

 

HTML7th Circuit Clarifies FCA Fraud Standard
Philip H. Lebowitz; Duane Morris LLP;
Legal Alert/Article
January 23, 2015, previously published on December 5, 2014
In an opinion openly skeptical of a relator’s knowledge, the 7th Circuit Court of Appeals recently affirmed the dismissal of False Claims Act claims against a Chicago pharmacy brought by a former employee of the pharmacy. The principal claims in the case, nadyor v. Ukrainian Village Pharmacy,...

 

HTMLClinical Trial Sponsors Can Be Liable For Inadequate Consent Forms
Philip H. Lebowitz; Duane Morris LLP;
Legal Alert/Article
January 23, 2015, previously published on December 12, 2014
Physicians acting as investigators for a clinical trial testing a new therapy are required to present to each patient or study subject a consent form, indicating that the patient understands the risks, benefits and alternatives of participating in the trial and voluntarily elects to do so. Federal...

 

HTMLA Last-Minute Stocking Stuffer from Congress: Individual and Business Tax Breaks Retroactively Extended
Steven M. Packer; Duane Morris LLP;
Legal Alert/Article
January 19, 2015, previously published on December 24, 2014
On December 16, 2014, Congress passed the long-awaited "Tax Increase Prevention Act of 2014" (TIPA or "the Act"), which President Obama signed into law on December 19, 2014, calling it a "substantial victory for middle-class families across the country." While this...

 

HTMLBankruptcy Court Finds Debtor Entitled to a "Free House" Because Mortgage Foreclosure Complaint Barred by New Jersey Statute of Limitations
Jarret P. Hitchings, Brett L. Messinger, Stuart I. Seiden; Duane Morris LLP;
Legal Alert/Article
January 19, 2015, previously published on December 16, 2014
Mortgage lenders should be aware of the New Jersey statute of limitations on mortgage foreclosure complaints. In In re Washington, 2014 Bankr. LEXIS 4649 (Bankr. D.N.J. Nov. 5, 2014), the United States Bankruptcy Court for the District of New Jersey held that a mortgagee and its servicer were...

 


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