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|Department of Labor Issues Final FMLA Regulations with a January 16, 2009 Effective Date|
John D. Martini, Cher E. Wynkoop, William H. Nichols, Laurie S. DuChateau, Rachel Cutler Shim; Reed Smith LLP;
December 22, 2008, previously published on November 26, 2008On Nov. 17, 2008, the Department of Labor ("DOL") published its final Family Medical Leave Act ("FMLA") regulations.
|Tips to Help Franchisors Prepare for the 2009 Renewal Season|
Mary Beth Brody, Alison C. McElroy, Brian B. Schnell, Danell Olson, Kathryn Robers; Faegre & Benson LLP;
December 22, 2008, previously published on November 18, 2008As franchisors prepare for the upcoming renewal season, we recognize that increased efficiency in these challenging economic times likely is a top priority for your franchise system.
|Employee Free Choice Act: What It Means and Why Non-Unionized Employers Should Care|
Richard A. Ross, Karen G. Schanfield, Krista Hatcher; Fredrikson & Byron, P.A.;
December 22, 2008, previously published on November 2008The Employee Free Choice Act (EFCA) is proposed national legislation that would overturn nearly 60 years of labor law by amending the National Labor Relations Act (Act) in several unprecedented ways.
|Ho Ho Ho: IRS Says Holiday Gift Coupons are Taxable|
Faegre & Benson LLP;
December 22, 2008, previously published on November 21, 2008An IRS Technical Advice Memorandum released in 2004 concludes that certain employer-provided gift coupons are taxable income to the employees receiving them, and therefore need to be taken into account in computing income and FICA tax withholding.
|EFCA: How President-Elect Obama Might Change Labor Management Relations|
John W. Polley; Faegre & Benson LLP;
December 22, 2008, previously published on November 11, 2008The just-ended political campaigns have familiarized many voters with the fact that some candidates have promised to support a bill called the "Employee Free Choice Act," and that the bill would take away the right of working people to vote in private about whether they want to be...
|Federal Reserve of New York Establishes a Term Asset-Backed Securities Loan Facility to Boost Consumer Credit Markets|
Gabriel Walvatne; Miles & Stockbridge P.C.;
December 22, 2008, previously published on November 2008On November 25, 2008, the Federal Reserve Bank of New York announced the latest U.S. government-sponsored program to stimulate the credit markets: the creation of a Term Asset-Backed Securities Loan Facility (TALF).
|UK Pre-Budget Report 2008|
Adam Ferguson Blakemore, Oliver Iliffe; Cadwalader, Wickersham & Taft LLP;
December 22, 2008, previously published on November 27, 2008On Monday 24 November 2008, the Chancellor of the Exchequer delivered an anxiously awaited Pre-Budget Report which was dominated by commentary on the state of the UK economy and proposals to provide a fiscal stimulus through increased public spending and tax reductions.
|DOL Issues Final Regulations for FMLA|
Elarbee, Thompson, Sapp & Wilson, LLP;
December 21, 2008, previously published on November 18, 2008On November 17, 2008, the United States Department of Labor ("DOL") issued new Final Regulations interpreting the Family and Medical Leave Act ("FMLA") replacing the regulations issued in 1995.
|SEC Provides 2nd Year Observations on Executive Compensation Disclosure|
Edward C. Normandin; Pryor Cashman LLP;
December 21, 2008, previously published on November 20, 2008In a recent speech, John W. White, Director of the SEC's Division of Corporation Finance, provided his second year observations on the adequacy of executive compensation disclosures by public companies.
|4th Circuit - Conduct Not Directed at Plaintiff May Support Claim of Hostile Environment|
Maria Greco Danaher; Ogletree, Deakins, Nash, Smoak & Stewart, P.C.;
December 21, 2008, previously published on November 24, 2008In order to successfully support a claim of hostile work environment under Title VII, an employee must show that the offending conduct was "sufficiently severe or pervasive to alter the conditions of her employment and create an abusive work environment."