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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).

 

HTMLDismissal Effective Once Dismissal Letter Read
Alex Denny, Christabel Oh; Faegre & Benson LLP;
Legal Alert/Article
December 22, 2008, previously published on November 27, 2008
The Employment Appeal Tribunal (EAT) held in Gisda CYF v Barratt UKEAT/0173/08/ZT that the effective date of termination of employment took place when the employee read the letter terminating her employment and not when the letter was received in the post.

 

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.

 

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.

 

HTMLBankruptcy 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.;
Legal Alert/Article
December 22, 2008, previously published on November 26, 2008
In 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...

 

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.

 

HTMLTips 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;
Legal Alert/Article
December 22, 2008, previously published on November 18, 2008
As 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.

 

HTMLLayoffs and Increased Scrutiny on Labor Certification Applications
Gregory P. Adams, Linda A. Ash, Susan A. Smith, Eliza A. Rechul-Stone, Douglas Halpert, Lindsay L. Chichester; Dinsmore & Shohl LLP;
Legal Alert/Article
December 22, 2008, previously published on November 26, 2008
U.S. employers interested in sponsoring foreign nationals for permanent resident (green card) status in the United States are often required first to obtain a labor certification approval from the U.S. Department of Labor (DOL).

 

HTMLEmployee 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.;
Legal Alert/Article
December 22, 2008, previously published on November 2008
The 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.

 

HTMLSpotlight on Alabama: State and Local Tax Developments in 2008
Baker, Donelson, Bearman, Caldwell & Berkowitz, PC;
Legal Alert/Article
December 22, 2008, previously published on November 21, 2008
There have been several important Alabama legislative, administrative and legal developments that individuals and businesses should note.

 


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