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HTMLPhiladelphia Expands the Reach of Its ‘Ban the Box’ Ordinance
Kelly Dobbs Bunting, Christiana L. Signs; Greenberg Traurig, LLP;
Legal Alert/Article
December 28, 2015, previously published on December 16, 2015
On Dec. 15, 2015, Philadelphia Mayor Michael Nutter amended the city’s current “ban the box” law to expand the number of employers it covers and increase restrictions on the use of criminal background checks during the hiring process. The amendments take effect in just 90 days and...

 

HTMLOSHA Penalties to Increase in August 2016
Michael G. Murphy; Greenberg Traurig, LLP;
Legal Alert/Article
December 28, 2015, previously published on December 16, 2015
The OSHA penalty structure, which hasn’t changed since 1990, is about to get a boost to catch up with current prices. The long-standing maximum penalty amounts of $7,000 for a serious violation and $70,000 for a willful violation may jump to as much as $12,400 and $124,000 respectively. On...

 

HTMLFour Things That Offshore Funds Should Not Do
John Kaufmann; Greenberg Traurig, LLP;
Legal Alert/Article
December 23, 2015, previously published on December 14, 2015
There are two things that offshore fund managers and their advisors should remember about income that is effectively connected with a United States trade or business (ECI)

 

Adobe PDFForeign Banks, U.S. Branches, and Equity Swaps
John Kaufmann; Greenberg Traurig, LLP;
Legal Alert/Article
December 22, 2015, previously published on December 08, 2015
When foreign banks doing business in the U.S. calculate gain or loss from equity swaps, they would do well to pay attention to common law doctrines of beneficial ownership. This is the case even though these doctrines have recently lost much of their relevance for withholding tax purposes.

 

HTMLNicholas Nanovic Program Expert at Wills for Heroes
Harold N. Iselin, Joshua L. Oppenheimer, Francis J. Serbaroli; Greenberg Traurig, LLP;
Legal Alert/Article
December 16, 2015, previously published on December 1, 2015
On Nov. 13, 2015, the Albany County Supreme Court upheld New York Governor Cuomo’s Executive Order regarding executive compensation and administrative expenses of certain service providers (EO 38), as well as several aspects of the EO 38 regulations promulgated by the New York State...

 

HTMLNYS Court Invalidates Executive Compensation “Soft Cap” Regulation
Harold N. Iselin, Joshua L. Oppenheimer, Francis J. Serbaroli; Greenberg Traurig, LLP;
Legal Alert/Article
December 15, 2015, previously published on December 01, 2015
On Nov. 13, 2015, the Albany County Supreme Court upheld New York Governor Cuomo’s Executive Order regarding executive compensation and administrative expenses of certain service providers (EO 38), as well as several aspects of the EO 38 regulations promulgated by the New York State...

 

HTMLNew New Guidance Regarding Barrier Options
John Kaufmann; Greenberg Traurig, LLP;
Legal Alert/Article
December 15, 2015, previously published on December 7, 2015
In a recently released Chief Counsel Advice Memorandum (the “CCA”), the Internal Revenue Service broadened its scrutiny of so-called “barrier option” transactions, which taxpayers have used to defer recognition of income and to convert ordinary income and short-term capital...

 

HTMLDutch Appeals Court Finds Patent Invalid
Lei Huang, Radboud Ribbert; Greenberg Traurig, LLP;
Legal Alert/Article
December 15, 2015, previously published on December 03, 2015
The Greenberg Traurig Amsterdam office played a pivotal role in a groundbreaking judgment concerning patent litigation from The Hague Court of Appeal (the Court of Appeal), on Nov. 24, 2015. The Court of Appeal ratified a judgment of the District Court of The Hague (the District Court), which is...

 

HTMLThe Trade Date Rule
John Kaufmann; Greenberg Traurig, LLP;
Legal Alert/Article
December 15, 2015, previously published on December 9, 2015
The tax law is like, well, death and taxes - you can run from it, but you cannot hide. This time of year, as buy-side funds, insurance companies, and individual investors seek to harvest built-in taxable losses, they need to pay attention to the trade date rule. This is the rule that governs...

 

HTMLThird Circuit Espouses Fact-Sensitive Inquiries in Considering Joint Employer Liability and Compensation for Meal Periods: What Employers Can Do to Brighten the Lines
Robert H. Bernstein, Michael J. Slocum; Greenberg Traurig, LLP;
Legal Alert/Article
December 15, 2015, previously published on December 07, 2015
In a pair of published opinions, raising novel employment issues in this Circuit, the Third Circuit Court of Appeals addressed the test for determining whether a “temporary” worker is an “employee” eligible to assert Title VII claims against the company which contracts their...

 


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