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HTMLLos Angeles Approves Minimum Wage Increase to $15 Per Hour
Duane Morris LLP;
Legal Alert/Article
June 8, 2015, previously published on May 27, 2015
The increases are delayed by one year for employers with 25 or fewer employees (i.e., $10.50 by July 1, 2017; $12 by July 1, 2018, etc.). In addition, starting in 2022, the Los Angeles minimum wage will increase annually based on the Consumer Price Index. By this vote, Los Angeles joins other major...

 

HTMLU. S. Supreme Court Issues Ruling on Duty of Prudence for Investment Options Made Available Under 401(k) Plan
Duane Morris LLP;
Legal Alert/Article
May 28, 2015, previously published on May 26, 2015
On May 18, 2015, a unanimous Supreme Court of the United States held that there is a continuing duty of prudence with respect to investment options made available under a 401(k) plan and that claims of a breach of such fiduciary duty under the Employee Retirement Income Security Act of 1974 (ERISA)...

 

HTMLPhiladelphia Sick Leave Law on Promoting Healthy Families and Workplaces Goes into Effect
Duane Morris LLP;
Legal Alert/Article
May 25, 2015, previously published on May 12, 2015
Philadelphia's mandatory sick leave ordinance, "Promoting Healthy Families and Workplaces," goes into effect on May 13, 2015. In connection with its enactment, the City of Philadelphia has now issued a mandatory poster.

 

HTMLAnother Private Equity Filing Deadline Approaches: Do You Know Where Your BE-10s Are?
Piero Carbone, Richard P. Jaffe, Brian P. Kerwin, Thomas R. Schmuhl; Duane Morris;
Legal Alert/Article
May 25, 2015, previously published on May 20, 2015
For those who have not heard, another filing requirement of the U.S. government will require action by participants in the private equity industry. Form BE-10 is a mandatory filing required by the International Investment and Trade in Services Survey Act as part of the 2014 Benchmark Survey of U.S....

 

HTMLCity of Philadelphia Requests Proposals to Implement Online Auction for Sale and Assignment of Delinquent Real Estate Tax Liens
Louise S. Melchor, Brett L. Messinger; Duane Morris LLP;
Legal Alert/Article
May 11, 2015, previously published on May 6, 2015
The City of Philadelphia recently announced a request for proposals to implement an online auction for the sale and assignment of some of the city's delinquent real estate tax liens. The auction will allow third parties to bid on the tax liens, with the successful bidder assigned the lien from the...

 

HTMLCalifornia Transparency in Supply Chains Act -- SB 657 Enforcement by California Attorney General
Duane Morris LLP;
Legal Alert/Article
April 30, 2015, previously published on April 27, 2015
We reported in a prior Duane Morris Alert that the California Transparency in Supply Chains Act (the Act) requires large retail sellers and manufacturers doing business in California to publicly disclose their efforts to eradicate forced labor from their direct supply chains. The law pushes such...

 

HTMLSEC Adopts "Regulation A+" Rules
Darrick M. Mix, Howell J. Reeves, Barry Steinman, Sandra G. Stoneman; Duane Morris LLP;
Legal Alert/Article
April 27, 2015, previously published on April 10, 2015
On March 25, 2015, the U.S. Securities and Exchange Commission (SEC) adopted final rules amending Regulation A under the Securities Act of 1933.[1] Regulation A, as amended (which is referred to as "Regulation A+"), is designed to increase access to capital for nonpublic companies and...

 

HTMLTweet All About It: U.S. Bankruptcy Court Rules Business Social Media Accounts Are Property of Debtor LLC's Bankruptcy Estate, Not Individual LLC Members
Rosanne Ciambrone, Rudolph J. Di Massa, Ron Oliner, Lauren Lonergan Taylor; Duane Morris LLP;
Legal Alert/Article
April 22, 2015, previously published on April 21, 2015
In a case of first impression in Texas, the United States Bankruptcy Court for the Southern District of Texas held that the former majority member of a chapter 11 LLC debtor had to relinquish control of the LLC's Facebook page and Twitter account because they were property of the LLC's bankruptcy...

 

HTMLEEOC Proposed Rule Would Amend Regulations and Interpretive Guidance Implementing Title I of ADA Related to Employer Wellness Programs
Duane Morris LLP;
Legal Alert/Article
April 22, 2015, previously published on April 17, 2015
On April 16, 2015, the Equal Employment Opportunity Commission (EEOC) issued a proposed rule amending the regulations and interpretive guidance implementing Title I of the Americans with Disabilities Act (ADA) as they relate to employer wellness programs. The proposed rule provides guidance on the...

 

HTMLNew York City Council Passes Bill Prohibiting Employers from Requesting or Using Consumer Credit History in Employment Decisions
Duane Morris LLP;
Legal Alert/Article
April 22, 2015, previously published on April 20, 2015
On April 16, 2015, the New York City Council passed a bill (Intro. No. 261-A, 2014) that would amend the New York City Human Rights Law to prohibit employers from requesting or using an individual's consumer credit history in making employment decisions. The prohibition applies to all employment...

 


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