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HTMLFintech—Moving Toward a Regulatory Framework, The OCC Whitepaper on Responsible Innovation
Anna Gryska, Norman R. Miller; Greenberg Traurig, LLP;
Legal Alert/Article
May 3, 2016, previously published on April 18, 2016
On March 31, 2016, the Office of the Comptroller of the Currency (the OCC) released a whitepaper addressing responsible innovation in the federal banking system, particularly as it relates to financial technology, or “fintech” for short. The report does not discuss any specific...

 

HTMLWP29: Thumbs Down to Draft EU-US Privacy Shield
Françoise Gilbert; Greenberg Traurig, LLP;
Legal Alert/Article
April 28, 2016, previously published on April 14, 2016
In a 58-page opinion published April 13, 2016, the influential European Union Article 29 Working Party (WP29), which includes representatives of the data protection authorities of the 28 EU Member States, expressed significant concerns with respect to the terms of the proposed EU-US Privacy Shield...

 

HTMLRenewed European Trademark Regulation Entered Into Effect
Radboud Ribbert; Greenberg Traurig, LLP;
Legal Alert/Article
April 26, 2016, previously published on April 11, 2016
In December 2015 the European Parliament approved the proposal of the European Commission to introduce a ‘Trademark Reform Package’ (Reform Package). This Reform Package aims to make European Trademark law more efficient, user friendly, and lower in cost. The Reform Package contains a...

 

HTMLRising Salary Levels Governing Fair Labor Standards Act’s ‘White Collar’ Exemptions May Lift Union Votes
Joseph Z. Fleming; Greenberg Traurig, LLP;
Legal Alert/Article
April 26, 2016, previously published on April 12, 2016
Since March 14, 2016, when the Department of Labor (DOL) transmitted its final rule to the Office of Management and Budget (OMB) increasing the salary required to qualify for the “white collar” overtime exemptions under the Fair Labor Standards Act (FLSA), employers have been encouraged...

 

HTMLOSHA Continues to Make Changes to Its Enforcement Procedures for Reporting Requirements
Adam Roseman; Greenberg Traurig, LLP;
Legal Alert/Article
April 18, 2016, previously published on April 7, 2016
Hey employer, remember that workplace injury that you reported to OSHA a few months ago? You remember, right? The one where after you gave OSHA information about the workplace injury, like the root cause of the incident, and a few days later OSHA informed you that it considered the matter...

 

HTMLNew Dutch Rules on Whistleblower Policy and the Creation of an Institute for Whistleblowers
Hans Urlus, Rob Van Eldik, Marie-José van der Heijden; Greenberg Traurig, LLP;
Legal Alert/Article
April 18, 2016, previously published on April 5, 2016
It took the Dutch legislature several years to approve new legislation concerning internal whistleblower policies for companies, but the Dutch parliament finally approved a new bill on March 1, 2016 that makes provisions for internal whistleblower policies. One of the main provisions is the...

 

HTMLNevada Real Property Tax Caps In The Cross-Hairs For The 2017 Legislative Session
Jonathan P. Leleu; Greenberg Traurig, LLP;
Legal Alert/Article
April 18, 2016, previously published on April 5, 2016
America’s construction “boom” during the previous decade was particularly dramatic in Nevada, where property values skyrocketed, in some instances, several hundred percent. The escalation in assessed property value resulted in a corresponding increase in property taxes, which...

 

HTMLCFTC Proposed Guidance States Capacity and Peaking Supply Contracts are not Swaps
Douglas M. Grom, Harris L. Kay, Gregory K. Lawrence; Greenberg Traurig, LLP;
Legal Alert/Article
April 18, 2016, previously published on April 7, 2016
On April 4, 2016, the U.S. Commodity Futures Trading Commission (CFTC) issued certain proposed guidance (the Proposed Guidance) on the treatment of capacity contracts and peaking supply contracts related to the supply and delivery of electric power and natural gas (the Contracts). Pursuant to that...

 

HTMLSecretary of Labor v. U.S. Steel Corporation, Inc. and OSHA’s Continued Stand Against Employer Retaliation
Michael G. Murphy, Adam Roseman; Greenberg Traurig, LLP;
Legal Alert/Article
April 14, 2016, previously published on March 18, 2016
Employers, do your safety policies and procedures require employees to immediately report their injuries? Do you discipline employees for failing to follow your safety policies and procedures?

 

HTMLTrial by Formula Revisited: Tyson Foods, Inc. v. Bouaphakeo and the Future of Wage & Hour Class Actions
Shea Briana Brack, Michelle L. Ducharme, James M. Nelson; Greenberg Traurig, LLP;
Legal Alert/Article
April 14, 2016, previously published on March 28, 2016
Some important Supreme Court cases are hard to accurately capture in a sound bite, and this is one of them. In a narrow holding, the Supreme Court issued a 6-2 decision in Tyson Foods, Inc. v. Bouaphakeo, 577 U.S. &under;&under;&under; (2016), addressing class claims for overtime compensation...

 


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