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HTMLA View from Israel: Of Sand Castles and Sandbagging
Aaron R. Katz; Greenberg Traurig, LLP;
Legal Alert/Article
December 21, 2016, previously published on December 5, 2016
When I was a summer associate at Greenberg Traurig in Chicago, I took part in the firm’s annual corporate mock deal for its summer associates. Our summer class split into two teams that were involved in a fictional transaction involving the sale of a diamond business and its property, with...

 

HTMLDivision of Corporation Finance Provides Guidance on Determining Qualified Institutional Buyers Under Rule 144A
Greenberg Traurig LLP;
Legal Alert/Article
December 21, 2016, previously published on December 19, 2016
On Dec. 8, 2016, the SEC Division of Corporation Finance issued six new CDIs with respect to Rule 144A under the Securities Act of 1933, as amended. Rule 144A provides that a person complying with its provisions and participating in a distribution of securities to “qualified institutional...

 

HTMLThe Equality Act (Gender Pay Gap Information) Regulations 2017
Robert E. Collier-Wright, Naomi Feinstein, Russell D. Lamb; Greenberg Traurig, LLP;
Legal Alert/Article
December 21, 2016, previously published on December 19, 2016
The final draft of the Equality Act (Gender Pay Gap Information) Regulations 2017 (the Regulations) and accompanying Explanatory Memorandum was published 6 December 2016. Subject to parliamentary approval, the Regulations will come into force 6 April 2017. The Regulations introduce a mandatory...

 

HTMLNow is the Time to Revisit the Advancement and Indemnification Provisions of Delaware LLC Agreements
Jennifer Brady, Kenneth A. Gerasimovich; Greenberg Traurig, LLP;
Legal Alert/Article
December 21, 2016, previously published on December 5, 2016
Imagine setting off on an exciting venture with a new business partner. You have a great business plan and have formed a new Delaware limited liability company. Your lawyer circulates the draft limited liability company agreement that will govern your relationship with your partner and the...

 

HTMLOSHA Gets a Green Light: Court Refuses to Stop OSHA from Enforcing its New Anti-Retaliation Standards
Michael G. Murphy, Adam Roseman; Greenberg Traurig, LLP;
Legal Alert/Article
December 21, 2016, previously published on December 2, 2016
On Nov. 28, 2016, the United States District Court for the Northern District of Texas declined to grant a nationwide preliminary injunction enjoining the Department of Labor (DOL) and the Occupational Safety and Health Administration (OSHA) from enforcing subparagraphs 1904.35(b)(1)(i), (iii), and...

 

HTMLThe Potential for Unprecedented Use of the Congressional Review Act to Roll Back Obama Administration Rules
Charles F. Bass; Greenberg Traurig, LLP;
Legal Alert/Article
December 21, 2016, previously published on December 6, 2016
Much attention has been focused of late on the impact that the incoming president will have on President Obama’s executive orders and rulemaking relative to a great number of issues where the president determined that he could not work with the Republican Congress. President-elect Trump has...

 

HTMLU.S. Supreme Court Holds that “Gift” of Confidential Information to Friends and Family is Sufficient to Establish Personal Benefit for Insider Trading Liability
Greenberg Traurig LLP;
Legal Alert/Article
December 21, 2016, previously published on December 19, 2016
On Dec. 6, 2016, in Salman v. United States, the U.S. Supreme Court unanimously held that an insider’s “gift” of confidential information to a “trading relative or friend” was sufficient to show personal benefit to the tipper necessary to establish a breach of...

 

HTMLIran Sanctions Extension Act Goes to President for Signature
Cyril T. Brennan, Sandra K. Jorgensen, Renee A. Latour; Greenberg Traurig, LLP;
Legal Alert/Article
December 21, 2016, previously published on December 6, 2016
On Dec. 1, 2016, the U.S. Senate voted 99 to 0 to extend the Iran Sanctions Act, which is set to expire at the end of 2016, maintaining the United States’ comprehensive sanctions against Iran for 10 more years. The vote sends the bill to President Obama, who is expected to sign it into law....

 

HTMLWorkplace Implications of the Massachusetts Recreational Marijuana Law
Terence P. McCourt, Rachel Ring; Greenberg Traurig, LLP;
Legal Alert/Article
December 21, 2016, previously published on December 19, 2016
On Nov. 8, 2016, Massachusetts voters passed Question 4, which legalizes the recreational use of marijuana (Recreational Use Law). The Recreational Use Law follows passage of a 2012 Massachusetts ballot question which legalized the medicinal use of marijuana. Please see our previous May 15, 2013 GT...

 

HTMLDOJ and FTC’s Antitrust Division Issue Hiring and Compensation Guidance for Human Resource Professionals
James I. Serota; Greenberg Traurig, LLP;
Legal Alert/Article
December 21, 2016, previously published on December 5, 2016
On Oct. 20, 2016, the United States Department of Justice, Antitrust Division and the Federal Trade Commission issued antitrust guides for human resource professionals. The guides are intended to alert human resource professionals and others involved in hiring and compensation decisions to...

 


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