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Adobe PDFWhat Independent Contractors and Dodo Birds May Soon Have In Common
Jennifer L. Anderson, Mary Margaret S. LeBato, B. Trevor Wilson; Jones Walker LLP;
Legal Alert/Article
July 23, 2015, previously published on July 16, 2015
Yesterday, the Wage and Hour Division (WHD) of the U.S. Department of Labor (DOL) issued its first Administrator Interpretation of 2015 on the heels of the proposed white collar exemption revisions that would greatly expand the universe of overtime-eligible employees, as addressed in our Client...

 

HTMLThe FASB to Hold First Meeting of Loan Impairment Advisory Panel in Private
Peter J. Rivas; Jones Walker LLP;
Legal Alert/Article
July 23, 2015, previously published on July 16, 2015
The Financial Accounting Standards Board ("FASB") plans to convene a Transition Resource Group ("TRG") for its forthcoming standard on recognizing credit losses. Unlike a similar panel formed for the board's revenue recognition standard, this credit losses group will meet in...

 

Adobe PDFU.S. Fifth Circuit Upholds Settlement in Deepwater Horizon Case Despite Absence of Signed Release, But Remands for Determination on Fraud
Katie S. Cordes; Jones Walker LLP;
Legal Alert/Article
July 14, 2015, previously published on July 2015
On May, 2015, the United States Court of Appeals for the Fifth Circuit held hat BP form a binding settlement agreement with a claimant despite the fact that the claimant never signed the release.

 

HTMLComptroller of the Currency Releases Semiannual Perspective on Bank Risk
George A. LeMaistre; Jones Walker LLP;
Legal Alert/Article
July 14, 2015, previously published on July 9, 2015
On June 30, the Office of the Comptroller of the Currency released its Semiannual Risk Perspective, based on bank financial data as of year-end 2014.

 

Adobe PDFFifth Circuit Dismisses Jones Act Claim of Foreign Worker Injured in Foreign Waters
HansFord P. Wogan; Jones Walker LLP;
Legal Alert/Article
July 14, 2015, previously published on July 2015
In Croke v. PPI Technology Services, L.P., et al., C.A. No. 14-30424, ---- Fed. Appx. ---- (5th Cir. June 1, 2015), the Fifth Circuit recently affirmed a district court’s dismissal of a Jones Act claim brought by a Canadian oil rig worker who was allegedly injured off the coast of Nigeria....

 

Adobe PDFThe Good, the Bad, and the Ugly The Department of Labor Releases Its Proposed Update to the White Collar Regulations
Mary Margaret S. LeBato, Sidney F. Lewis; Jones Walker LLP;
Legal Alert/Article
July 13, 2015, previously published on July 2015
You may recall our previous alert regarding President Obama’s March 2014 memorandum that instructed the Labor Secretary to “modernize and streamline” the regulations on exemptions from the Fair Labor Standards Act’s (FLSA) minimum wage and overtime pay requirements and...

 

Adobe PDFUS Supreme Court Upholds IRS Interpretation of ACA Subsidy Structure
Timothy P. Brechtel, Ricardo X. Carlo, Eric Loi; Jones Walker LLP;
Legal Alert/Article
July 13, 2015, previously published on June 30, 2015
In King v. Burwell, the U.S. Supreme Court held that federal tax credits created by the Affordable Care Act (ACA) are available to individuals who purchase health insurance coverage from a federal or state established Health Insurance Exchange (“Exchange”).

 

Adobe PDFMore Power To Power Plants?
Stanley A. Millan; Jones Walker LLP;
Legal Alert/Article
July 13, 2015, previously published on July 2, 2015
On June 29, 2015, in a five-to-four vote, the U.S. Supreme Court in Michigan v. Environmental Protection Agency (EPA) struck down a new EPA rule under the Clean Air Act of 1990 (“Act”) to regulate hazardous air pollutants, such as mercury, from power plants. The EPA’s statutory...

 

HTMLTreasury Department Publishes 2015 National Money Laundering Risk Assessment and National Terrorist Financing Risk Assessment
Eric J. Dyas; Jones Walker LLP;
Legal Alert/Article
July 3, 2015, previously published on June 18, 2015
On Friday, June 12, the United States Department of the Treasury published its 2015 National Money Laundering Risk Assessment ("NMLRA"). Drafted by Treasury's Office of Terrorist Financing and Financial Crimes ("TFFC"), and prepared by the TFFC in consultation with various...

 

Adobe PDFLong Wait for Dodd-Frank Diversity and Inclusion Standards Turns Out To Be Much Ado About Nothing
H. Mark Adams; Jones Walker LLP;
Legal Alert/Article
July 1, 2015, previously published on June 2015
"Much ado about nothing," is just one literary turn of phrase that comes to mind in considering the initial uproar over Section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the long wait for the implementing regulations. Here’s some background to add some...

 


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