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|Treasury Department Releases Final Exon-Florio Regulations|
Paul D. Ginsberg, David K. Lakhdhir, Toby S. Myerson, Robert B. Schumer, Richard S. Elliott; Paul, Weiss, Rifkind, Wharton & Garrison LLP;
December 22, 2008, previously published on November 26, 2008On November 14, 2008, the Treasury Department issued in final form new regulations implementing the so-called "Exon-Florio Amendment" to the Defense Production Act of 1950 (50 U.S.C. app § 2170), as amended by the Foreign Investment and National Security Act of 2007 ("FINSA").
|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...
|Spotlight on Alabama: State and Local Tax Developments in 2008|
Baker, Donelson, Bearman, Caldwell & Berkowitz, PC;
December 22, 2008, previously published on November 21, 2008There have been several important Alabama legislative, administrative and legal developments that individuals and businesses should note.
|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.
|D.C. Circuit Temporarily Delays Direct Observation Requirement for DOT Return-to-Duty and Follow- Up Drug and Alcohol Testing|
Catherine Derdeyn Little, Robert E. Hogfoss, Brigham A. McCown; Hunton & Williams LLP;
December 21, 2008, previously published on November 2008On November 12, 2008, the U.S. Court of Appeals for the D.C. Circuit temporarily delayed the requirement for Department of Transportation (DOT) mandatory direct observation (DO) return-to-duty and follow-up drug testing, that ordinarily would apply to all DOT-regulated employers.
|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...
|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.
|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...
|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.
|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").