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|Tax Increment Financing in New England|
John H. Sokul; Hinckley, Allen & Snyder LLP;
July 31, 2014, previously published on July 29, 2014As we all know, the easy sites in New England are gone. The large, square, flat, clean, dry sites with highway access close to large, affluent population centers have been developed. However, there are still plenty of great development (and redevelopment) opportunities. Each presents various...
|The World Cup of Non-Competes|
Peter C. Vilmos; Burr & Forman LLP;
July 31, 2014, previously published on July 11, 2014Can you imagine if FIFA allowed or enforced non-compete agreements that limited the ability of a player to hold dual citizenship and play for either country? Would the World Cup have suffered if brothers representing Ghana and Germany had to choose allegiance to only one nation rather than play...
|CFPB Sues Law Firm|
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
July 31, 2014, previously published on July 22, 2014On July 14th, the CFPB sued a law firm alleging that it used deceptive court filings and unsubstantiated evidence to intimidate consumers into paying for debts. The CFPB alleges that the law firm operated “like a factory,” producing hundreds of thousands of such lawsuits.
|Big Increase in 2014 Service Contract Act Health & Welfare Rate Announced|
Jackson Lewis P.C.;
July 31, 2014, previously published on July 28, 2014The U.S. Department of Labor (DOL) has released its annual memorandum with the rate increase for Service Contract Act (SCA) Health and Welfare (H&W) Fringe Benefits. The new rate of $4.02 per hour (up from last year’s $3.81 per hour) is required in all government contract bids or other...
|FERC Considers Approving New CIP Standards|
Sutherland Asbill Brennan LLP;
July 31, 2014, previously published on July 29, 2014The Federal Energy Regulatory Commission (FERC) is considering approval of new Critical Infrastructure Protection (CIP) standards drafted by the North American Electric Reliability Corporation (NERC) under a FERC order. Meanwhile, FERC is also suggesting that NERC revise the standards to...
|New York's Proposed "Bitlicense" Regulations Mark New Territory for Virtual Currencies|
Dentons Canada LLP;
July 30, 2014, previously published on July 23, 2014In a move widely seen as inevitable, the New York Department of Financial Services (NYDFS) has released draft regulations for the establishment of a "BitLicense" to govern virtual currency financial services.
|CMS Publishes Proposed Rule Revising Physician Fee Schedule|
Chris M. Morrison; GrayRobinson, P.A.;
July 30, 2014, previously published on July 29, 2014On July 11, 2014, the Centers for Medicare and Medicaid Services ("CMS") published in the Federal Register a proposed rule revising the Medicare physician fee schedule ("PFS") and other Medicare Part B payment policies. These changes would be applicable to services furnished on...
|Another Increase in the Rhode Island Minimum Wage to $9/Hour|
Andrew E. Silvia, Todd M. Torres; Ogletree, Deakins, Nash, Smoak & Stewart, P.C.;
July 30, 2014, previously published on July 25, 2014On July 3, 2014, Rhode Island Governor Lincoln Chafee signed into law a measure that will raise the state’s minimum wage to $9.00 per hour, effective January 1, 2015. The legislation, which will increase the state’s minimum wage for the third time in as many years, was approved by the...
|Bribe and Prejudice - Supreme Court Decision on Bribes or Secret Commissions Received By Fiduciaries|
Dentons Canada LLP;
July 30, 2014, previously published on July 23, 2014 The Supreme Court's recent judgment in FHR European Ventures LLP and others v. Cedar Capital Partners LLC clarifies the treatment of bribes or secret commissions received by agents or those in fiduciary positions. The question before the Court was whether a bribe or secret commission received by an...
|Congress Scrutinizes Hedge Funds’ Use of Financial Derivatives|
Bruce M. Bettigole, Thomas A. Cullinan, Yasho Lahiri, William R. Pauls, W. Scott Sorrels; Sutherland Asbill & Brennan LLP;
July 30, 2014, previously published on July 25, 2014This week the Senate Permanent Subcommittee on Investigations, Committee on Homeland Security and Governmental Affairs (Subcommittee), in conjunction with the Subcommittee’s hearing on July 22, 2014, released a report on hedge funds’ use of financial derivatives considered abusive. In...