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|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.
|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).
|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...
|DOL Issues Final Rule Implementing FMLA Amendments|
Sandra J. McLelland; Miles & Stockbridge P.C.;
December 22, 2008, previously published on November 2008On November 17, 2008, the Department of Labor (DOL) published its final rule to implement amendments to the Family and Medical Leave Act of 1993 (FMLA). The new regulations will become effective on January 16, 2009.
|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...
|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.
|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.
|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.
|Closing the Deal in China: Basic Considerations|
David M. Pendergast; DLA Piper;
December 21, 2008, previously published by Law360 on November 2008Getting an M&A deal across the finish line in the People's Republic of China (PRC) can be a frustratingly slow process for United States companies and legal practitioners.
|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").