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|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).
|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.
|New Family and Medical Leave Act Regulations Issued|
Anne M. Radolinski; Fredrikson & Byron, P.A.;
December 22, 2008, previously published on November 2008On November 14, 2008, the U.S. Department of Labor issued the long-awaited new Family and Medical Leave Act ("FMLA") regulations.
|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...
|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...
|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...
|No Privacy for Employee Info on Office Computers|
Patrick T. Collins, Fernando M. Pinguelo, Keya C. Denner; Norris McLaughlin & Marcus, P.A. [incorporation phrase format]A Professional Corporation;
December 21, 2008, previously published on November 2008In a case of first impression in New Jersey that has potential ramifications for New Jersey employers and employees alike, an appellate court recently upheld the warrantless search of office computers used by an employee to store information relating to his theft of over $650,000 fromthe company.
|SEC Proposes Roadmap for Mandatory Use of IFRS by U.S. Public Companies|
Elizabeth Carroll Southern; Womble Carlyle Sandridge & Rice, PLLC;
December 21, 2008, previously published on November 25, 2008The Securities and Exchange Commission (the "SEC") earlier this month published a proposed "roadmap" for the potential future use by U.S. issuers of financial statements prepared in accordance with International Financial Reporting Standards ("IFRS") in their SEC...