It’s a well-settled law of physics: for every action, there’s a reaction. In some cases, there’s overreaction – generally best avoided, but a phenomenon to which many private equity funds may have fallen victim. Here, we examine ways that private funds can utilize their websites and generally market Continue Reading
Changes in Retirement Plan Limitations for 2015
Please find below a link to information about the Internal Revenue Service's recently announced retirement plan limitations effective for 2015. Continue Reading
Notice 2014-67 – Safe Harbors for ACOs and a New Management Contract Safe Harbor for Everyone
On Friday, Oct. 24, 2014, the Internal Revenue Service released interim guidance, Notice 2014-67, on whether a state or local government entity or an organization described in §501(c)(3) of the Internal Revenue Code of 1986, as amended, that benefits from tax-exempt bond financing will be considered Continue Reading
Foreign Brokers Doing Business in the United States
Foreign brokers that engage in securities transactions with U.S. investors based in the United States must be registered with the Securities and Exchange Commission (SEC). There are two major exceptions to this rule. The first exception is if the U.S. customer buys or sells securities offered by the Continue Reading
Third Circuit Nixes Presumption of Irreparable Harm in Comparative False Advertising Cases
Continuing a trend that began in 2006 with the Supreme Court’s decision in eBay Inc. v. MercExchange, L.L.C., the U.S. Court of Appeals for the Third Circuit has ended the practice of presuming irreparable harm in Lanham Act cases. Parties requesting a preliminary injunction in such cases will Continue Reading
And Now More Disclosure Requirements for Federal Contractors – Employee Compensation
OFCCP proposes new rule mandating new and sweeping contractor disclosures of employee compensation Federal contractors and subcontractors that have 100 or more employees and a federal contract, subcontract or purchase order exceeding $50,000 should pay close attention to a new rule proposed by Continue Reading
New Jersey enacts “Ban-the-Box” law, limiting inquiries about criminal history during first phase of hiring process
New Jersey has enacted a law prohibiting employers with 15 or more employees from asking about a job applicant’s criminal history until after a first interview, unless the employee voluntarily discloses criminal history information, or another law precludes an individual with a criminal history from Continue Reading
Executive Order Continues Focus on Labor Laws for Contractors
Under an Executive Order signed by President Obama on July 31, 2014, contractors and subcontractors are faced with a wave of new obligations concerning labor laws and pre-dispute arbitration agreements. The provisions of the Order mandate that contractors and subcontractors disclose Continue Reading
Whistleblower Expenses Not Allowable
Under a new final rule, contractors and subcontractors may not seek to recover from the government their legal costs and expenses incurred in connection with whistleblower retaliation claims. The Department of Defense, the General Services Administration, and the National Aeronautics and Space Continue Reading
What Investment Advisers Need to Know About Using Proxy Advisers
On June 30, 2014, the SEC issued long-awaited guidance on an investment adviser’s use of third-party proxy advisory firms such as ISS and Glass Lewis. Due to a number of regulatory developments over the past ten years, investment advisers have largely outsourced to third-party proxy advisory firms Continue Reading