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|Bankruptcy Court Holds that Private Label Credit Card Program is Not a Contract to Make a Loan or to Extend a Financial Accommodation and Thus May Be Assumed and Assigned Over the Credit Card Issuer's Objection|
Richards, Layton & Finger, P.A.;
December 22, 2008, previously published on November 26, 2008In a recent hearing to consider the sale of the Boscov's department store chain, the United States Bankruptcy Court for the District of Delaware held that Boscov's private label credit card program agreement was not a "contract to make a loan or extend a financial accommodation" and...
|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.
|Final Revised FMLA Regulations Issued: Highlights of the Good, the Bad and the Ugly|
Brian D. Barger; McGuireWoods LLP;
December 22, 2008, previously published on November 26, 2008Just in time for the holiday gift giving season, on November 17, 2008, the U.S. Department of Labor (DOL) published its final revised regulations, overhauling the implementation of the Family and Medical Leave Act of 1993 (FMLA).
|Business Transfers and Migrant Worker Sponsorship|
Alex Denny, Christabel Oh; Faegre & Benson LLP;
December 22, 2008, previously published on November 27, 2008Where there is a transfer of a business or part of a business from one organisation to another and there are sponsored migrant workers who are transferring with the business, the incoming employer will need a sponsor's licence when it takes over the business.
|Overview of the Americans with Disabilities Amendments Act of 2008|
Michael Rush; Potter Anderson & Corroon LLP;
December 21, 2008, previously published on November 2008The Americans with Disabilities Amendments Act of 2008 ("ADAAA" or the "Amendments") was signed by President George W. Bush on September 25, 2008.
|The FTC Red Flags Rule: Temporary Reprieve but No Exception (Yet) for Health Care Providers|
Rebekah Monson; Pepper Hamilton LLP;
December 21, 2008, previously published on November 24, 2008Many consumers and businesses face the problem of financial identity theft - the theft of identifying information, which is then used to open new accounts or misuse existing accounts.
|DHS Tests Authority in Regulating Social Security No-Match Letters|
Rebecca L. Sigmund; Ogletree, Deakins, Nash, Smoak & Stewart, P.C.;
December 21, 2008, previously published on November 25, 2008The Department of Homeland Security (DHS) published its final rule making employers accountable for resolving mismatched social security numbers of employees.
|SEC Publishes Proposed Roadmap Regarding Potential Use of IFRS Financial Statements by U.S. Issuers|
Alston & Bird LLP;
December 21, 2008, previously published on November 25, 2008On Friday, November 21, 2008, the Securities and Exchange Commission (the "Commission") published in the Federal Register for public comment a Roadmap (the "Roadmap") that could lead to the phasing out of United States Generally Accepted Accounting Principles (U.S. GAAP) in...
|Department of Labor 2008 Final FMLA Regulations Alert|
Winston & Strawn LLP;
December 21, 2008, previously published on November 2008On Friday, November 14, 2008, the Department of Labor released its long-awaited final revised regulations concerning the Family Medical Leave Act ("FMLA").
|Update: Expiration of Shelf Registration Statements Begins December 1, 2008 - Filing Deadline November 28, 2008|
Abigail Arms, Lisa L. Jacobs; Shearman & Sterling LLP;
December 21, 2008, previously published on November 25, 2008As part of the 2005 Securities Offering Reform, the Securities and Exchange Commission (the "SEC") amended Rule 415 ("Rule 415") to provide that most shelf registration statements on Form S-3 filed under the Securities Act of 1933, as amended, expire after three years.