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HTMLProposed Minimum Wage Hike in Cleveland Could Have Maximum Impact on Employers
Nicole J. Gray; McDonald Hopkins LLC;
Legal Alert/Article
June 5, 2016, previously published on May 20, 2016
Cleveland City Council had a first reading this week of legislation by initiative that will raise the minimum wage in Cleveland to $15 per hour (Ordinance 621-16).

 

HTMLNew Proposed Rules on Executive Compensation at Financial Institutions
David G. Johnson, Ilirjan Pipa, Michael G. Riley; McDonald Hopkins LLC;
Legal Alert/Article
June 5, 2016, previously published on May 6, 2016
The National Credit Union Administration (NCUA) recently issued a proposed rule designed to regulate the pay of executives at banks and credit unions around the country. These are the so-called “Wall Street Pay Rules.”

 

HTMLThe DOJ’s 3-Step Plan to Increase FCPA Enforcement
Jennifer Dowdell Armstrong, Mary I. Edquist; McDonald Hopkins LLC;
Legal Alert/Article
June 3, 2016, previously published on April 13, 2016
The Department of Justice’s (“DOJ”) Fraud Section of the Criminal Division recently unveiled its Foreign Corrupt Practices Act (FCPA) Enforcement Plan and Guidance Memorandum (“Guidance”) outlining the three actions it will take to step up its efforts to detect and...

 

HTMLNorth Carolina: Governor’s Mid-Biennium Budget Adjustment Contains No New Taxes or Fees
David Ebersole, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
June 2, 2016, previously published on May 16, 2016
At the end of last month, Gov. Patrick McCrory released his recommended budget adjustments for fiscal year 2016-17, which caps total spending at $22.3 billion, a 2.8 percent increase. The recommendation contains no tax or fee increases, but expands the total savings reserve account to $1.4 billion,...

 

HTMLCalifornia: State Auditor Studies How to Get the Most Out Of Corporate Tax Breaks
David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
June 2, 2016, previously published on April 28, 2016
In fiscal year 2013-14, corporate income taxes contributed about 8 percent to California’s General Fund, or $8.5 billion, and were the third largest source of revenue. The first and second largest revenue sources were personal income taxes, at about 65 percent, or $66.2 billion, and sales and...

 

HTMLInstagram User Sues Groupon for Mis-Use of Social Media Photo
Christopher B. Hopkins; McDonald Hopkins LLC;
Legal Alert/Article
June 2, 2016, previously published on May 3, 2016
An Instagram user in Illinois filed a February 5, 2016 class action lawsuit alleging that Groupon was wrongfully using Instagram’s API to “scrape” Instagram user photos and place them on Groupon’s Deal pages in order to promote Groupon sales.

 

HTMLAttorneys General Issue Negative Opinions on Daily Fantasy Sports
David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
June 2, 2016, previously published on April 28, 2016
One of the most important features of Daily Fantasy Sports (DFS) contests is their characterization as games of skill, not chance. If they were games of chance, they would be considered to be illegal gambling activities in many jurisdictions. The Fantasy Sports Trade Association justifies this...

 

HTMLThe New FLSA Overtime Rule on Salary Pay Is Here! Time to Act Now
Miriam L. Rosen; McDonald Hopkins LLC;
Legal Alert/Article
June 2, 2016, previously published on May 18, 2016
On May 18, 2016, the Department of Labor’s (DOL) Wage and Hour Division announced publication of its final rule revising the Fair Labor Standards Act’s (FLSA) overtime regulations. Since the DOL offered up the new rule last year, which proposed to more-than-double the current $455/week...

 

HTMLNew York: Attorney General Cracks Down on Tax Fraud by Art Dealers
David Ebersole, David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
June 2, 2016, previously published on May 17, 2016
In early May, New York’s Attorney General Eric Schneiderman announced that his office is “committed to rooting out tax abuses wherever we find them, especially in the art world, where the difference can be hundreds of thousands - if not millions - of dollars in lost tax revenue per...

 

HTMLNew Guide Helps Employers Navigate the Family Medical Leave Act (FMLA)
James J. Boutrous; McDonald Hopkins LLC;
Legal Alert/Article
June 2, 2016, previously published on May 3, 2016
On April 25, 2016, the Department of Labor (DOL) released a new guide to help employers administer the FMLA requirements. According to Jeff Nowak, who shared the news and link on his FMLA Insights blog, the guide aims to “provide essential information about the FMLA, including information...

 


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