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|Derivative Plaintiffs Lose Standing After Merger|
C. John Koch; Jenner & Block LLP;
December 23, 2008, previously published on October 2008In In re Countrywide Financial Corp. Derivative Litig., No. 07-372, 2008 WL 4488907 (D. Del. Oct. 7, 2008), the district court rejected the notion of "post-merger equitable standing" and held that derivative plaintiffs do not have standing to pursue derivative actions once the company...
|The Employee Free Choice Act: No Choice At All|
Sheldon M. Kline, Jonathan Stoler, Deborah L. Martin, Jeffrey A. Dinkin, David B. Chidlaw, John D. Collins, Ryan D. McCortney, Douglas R. Hart; Sheppard, Mullin, Richter & Hampton LLP;
December 23, 2008, previously published on November 26, 2008The arrival of President-elect Obama and a democratic congress in 2009 presents a unique moment in history for labor and employment law reform.
|Promoting Opportunity and Gender Equality|
Chinachart Vatanasuchart, Sarinya Israbhakdi; Mayer Brown JSM (Thailand) Limited;
December 23, 2008, previously published on November 28, 2008The Promotion of Opportunity and Gender Equality Bill (the "Bill") is currently being considered by the Thai government. Once passed, it will have a significant impact on employment policies and recruitment procedures.
|Holiday Parties: Don't Let Yours Become a Source of Liability|
Irving M. Geslewitz; Much Shelist Denenberg Ament & Rubenstein, P.C.;
December 23, 2008, previously published on November 2008Each December, companies look to the traditional holiday party as a way to improve morale and make their employees feel appreciated, while sharing with them the joys of the season.
|Amendments to TSX Venture Exchange Policies|
David Mendicino; Lang Michener LLP;
December 23, 2008, previously published on November 28, 2008Earlier this month, the TSX Venture Exchange (TSX-V) announced that effective December 15, 2008, it will implement a number of changes to its policies in an effort to streamline them (in some cases making them consistent with the policies of the Toronto Stock Exchange (TSX)) and to remove certain...
|Wage and Hour Issues Facing Employers during the Holiday Season|
Gardere Wynne Sewell LLP;
December 23, 2008, previously published on December 2008Retailers should use caution as they enter the important and busy holiday season.
|Google Settles Book Search Copyright Dispute|
Manatt, Phelps & Phillips, LLP;
December 23, 2008, previously published on November 19, 2008Google Inc. has settled a long-standing class-action lawsuit with the Association of American Publishers and the Authors Guild over its plan to post millions of copyrighted books online for users to view and print for a fee.
|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.
|Nonprofit Organizations: Uniquely Positioned To Take Advantage of Immigration Benefits|
Frida Popik Glucoft, Alexsondra S. Fixmer; Mitchell Silberberg & Knupp LLP;
December 22, 2008, previously published on November 2008Nonprofit organizations are uniquely positioned to take advantage of immigration benefits which are not available to for-profit organizations.
|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").