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Proskauer Rose LLP Document Search Results (389) Show: results per page Sort by:  | Agencies Issue New FAQs Regarding Implementation of ACA
James R. Napoli; Proskauer Rose LLP;
Legal Alert/Article May 2, 2013, previously published on April 30, 2013 The US Departments of Labor, Health and Human Services (HHS), and the Treasury (the “Agencies”) jointly issued yesterday a document entitled “FAQs about the Affordable Care Act Implementation Part XV” (“FAQs”) addressing four issues of concern with respect to...
| | Recent IRS Guidance Concerning 403(b) Plans
Lisa Berkowitz Herrnson; Proskauer Rose LLP;
Legal Alert/Article May 2, 2013, previously published on April 29, 2013 Final Internal Revenue Code Section 403(b) regulations which became effective January 1, 2009 require that plan sponsors adopt written 403(b) Plan documents. A 403(b) Plan is a form of defined contribution retirement plan that may only be offered by employers that are tax-exempt entities under...
| | PBGC Withdraws Two Territorial Coverage Opinion Letters Impacting Puerto Rican Plans
Justin Stanley Alex; Proskauer Rose LLP;
Legal Alert/Article April 30, 2013, previously published on April 26, 2013 The status of PBGC coverage for Puerto Rico defined benefit plans is one that has been the subject of review and analysis by the PBGC for quite some time. Most recently, on April 19, 2013, the PBGC withdrew two older opinion letters (Opinion Letters 77-172 and 85-19), which addressed whether...
| | Can I Borrow the Car? I Promise I'll Be Careful ...
Proskauer Rose LLP;
Legal Alert/Article April 30, 2013, previously published on April 2013 Mark Hales has driven a lot of fast cars, both as a Formula One driver and in his subsequent career as a freelance auto racing journalist. You'd think he could drive a car without ruining the engine, or so thought David Piper, also a distinguished former racing driver. But when Hales borrowed an...
| | U.S. Government Formally Seeks Supreme Court Review Of Recess Appointment Case
Mark Theodore; Proskauer Rose LLP;
Legal Alert/Article April 30, 2013, previously published on April 26, 2013 As noted here earlier, the government announced its intention to seek Supreme Court review of the DC Circuit decision which held that the President’s recess appointments to the NLRB were unconstitutional. The 138 page document NLRB v. Noel Canning, A Div. of Noel Corp., Cert Petition (April...
| | The UFL's Fumbling Attempts to Survive
Proskauer Rose LLP;
Legal Alert/Article April 30, 2013, previously published on April 2013 Football is a tough sport, and sometimes a team has to call a time out to get a breather and regroup. In October 2012, the United Football League (the "UFL") took a break to deal with the money woes that have plagued the league almost since its inception.
| | New York's Minimum Wage To Rise to $9 Per Hour over the Next Three Years
Proskauer Rose LLP;
Legal Alert/Article April 30, 2013, previously published on April 26, 2013 Late last month, Governor Andrew Cuomo signed into law new legislation that, among other things, will raise New York's minimum wage to $9 per hour over the next three years. The minimum wage - both in NY and under federal law - currently is $7.25 per hour. It will rise to $8 per hour effective...
| | The (Gold) Gloves Are Off
Proskauer Rose LLP;
Legal Alert/Article April 30, 2013, previously published on April 2013 Cincinnati Reds second baseman Brandon Phillips has a lot to say. He's well-known for being outspoken, and he's a prolific tweeter on his @DatDudeBP account, which boasts over 650,000 followers. But he's also got the goods, as reflected in the six-year, multimillion dollar contract he signed with...
| | PBGC Seeks Involuntary Plan Termination before Plan Sponsor’s Proposed Share Sale
Justin Stanley Alex; Proskauer Rose LLP;
Legal Alert/Article April 30, 2013, previously published on April 28, 2013 On April 18, 2013, PBGC filed a complaint (PBGC v. Saint-Gobain Corp. Benefits Comm., E.D. Pa. Case No. 13-02069) to involuntarily terminate a defined benefit plan sponsored by Saint-Gobain Containers, Inc. before Ardagh Group, S.A. acquires Saint-Gobain through a share purchase. PBGC alleges that...
| | SEC Staffer Cautions Private Funds Industry on Potential Broker Registration Issues
Proskauer Rose LLP;
Legal Alert/Article April 30, 2013, previously published on April 26, 2013 In a recent speech given to the ABA Trading and Markets Subcommittee, David W. Blass (Chief Counsel of the SEC's Division of Trading and Markets) focused on a number of activities commonly conducted by private fund advisers that, depending on how these activities are conducted, could raise...
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