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HTMLHo Ho Ho: IRS Says Holiday Gift Coupons are Taxable
Faegre & Benson LLP;
Legal Alert/Article
December 22, 2008, previously published on November 21, 2008
An 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.

 

Adobe PDFFederal Reserve of New York Establishes a Term Asset-Backed Securities Loan Facility to Boost Consumer Credit Markets
Gabriel Walvatne; Miles & Stockbridge P.C.;
Legal Alert/Article
December 22, 2008, previously published on November 2008
On 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).

 

HTMLThe Move toward Mandatory Encryption of Sensitive Personal Information
Craig Komanecki; Faegre & Benson LLP;
Legal Alert/Article
December 22, 2008, previously published on November 13, 2008
One of your employees returns late from her lunch break with bad news. Her work-issued laptop was stolen from her car while she visited a local restaurant.

 

HTMLNew Acas Code on Disciplinary and Grievance Procedures
Alex Denny, Christabel Oh; Faegre & Benson LLP;
Legal Alert/Article
December 22, 2008, previously published on November 27, 2008
The revised Acas Code of Practice on Disciplinary and Grievance Procedures was published on 7 November 2008 and has been approved by the Secretary of State for Business, Enterprise and Regulatory Reform.

 

Adobe PDFDepartment 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;
Legal Alert/Article
December 22, 2008, previously published on November 26, 2008
On Nov. 17, 2008, the Department of Labor ("DOL") published its final Family Medical Leave Act ("FMLA") regulations.

 

HTMLBusiness Transfers and Migrant Worker Sponsorship
Alex Denny, Christabel Oh; Faegre & Benson LLP;
Legal Alert/Article
December 22, 2008, previously published on November 27, 2008
Where 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.

 

HTMLMaterial Adverse Effect Clauses in the Wake of Hexion Specialty Chemicals, Inc. v. Huntsman Corporation
Matthew Kuhn, Jonathan L. H. Nygren; Faegre & Benson LLP;
Legal Alert/Article
December 22, 2008, previously published on November 11, 2008
Material adverse effect (MAE) clauses have become highly negotiated and detailed provisions in acquisition agreements.

 

Adobe PDFOverview of the Americans with Disabilities Amendments Act of 2008
Michael Rush; Potter Anderson & Corroon LLP;
Legal Alert/Article
December 21, 2008, previously published on November 2008
The Americans with Disabilities Amendments Act of 2008 ("ADAAA" or the "Amendments") was signed by President George W. Bush on September 25, 2008.

 

Adobe PDFDepartment of Labor 2008 Final FMLA Regulations Alert
Winston & Strawn LLP;
Legal Alert/Article
December 21, 2008, previously published on November 2008
On Friday, November 14, 2008, the Department of Labor released its long-awaited final revised regulations concerning the Family Medical Leave Act ("FMLA").

 

Adobe PDFChanges to the Americans with Disabilities Act for the New Year
Miles & Stockbridge P.C.;
Legal Alert/Article
December 21, 2008, previously published on November 2008
On January 1, 2009, the Americans with Disabilities Act Amendments Act of 2008 (ADAAA) will go into effect, making dramatic and important changes in the law affecting employees with disabilities.

 


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