Proskauer Rose News

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1. 5/3/2013 12:01:00 AM PBGC Seeks Involuntary Plan Termination Before Plan Sponsor’s Proposed Share Sale
   published by Mondaq Business Briefing
   PBGC Seeks Involuntary Plan Termination Before Plan Sponsor’ s Proposed Share Sale- Proskauer Rose LLP 03 May 2013. By Mr Justin S. Alex. On April 18, 2013, PBGC filed a complaint to involuntarily terminate a defined benefit plan sponsored by Saint-Gobain Containers, Inc. before Ardagh Group, S.A. acquires Saint-Gobain through a share purchase.
   
2. 5/2/2013 12:01:00 AM PBGC Withdraws Two Territorial Coverage Opinion Letters Impacting Puerto Rican Plans
   published by Mondaq Business Briefing
   United States territories such as Puerto Rico are not considered part of the United States for section 401 purposes. However, Title IV does cover Puerto Rico- based plans with non- United States trusts if the plans make a certain election under ERISA section 1022. The section 1022 election means that a Puerto Rico based plan has made an irrevocable election to be...
   
3. 5/2/2013 12:01:00 AM SEC Staffer Cautions Private Funds Industry On Potential Broker Registration Issues
   published by Mondaq Business Briefing
   Mr. Blass identified two areas that are of particular concern:. Mr. Blass noted that most private fund advisers are rightly focusing their compliance efforts on the requirements of the Investment Advisers Act of 1940. However, he cautioned the industry not to overlook either of these potential broker registration issues. Mr. Blass noted that that the...
   
4. 5/2/2013 12:01:00 AM New York's Minimum Wage To Rise To $9 Per Hour Over The Next Three Years
   published by Mondaq Business Briefing
   New York's Minimum Wage To Rise To $9 Per Hour Over The Next Three Years- Proskauer Rose LLP 02 May 2013. It will rise to $8 per hour effective December 31, 2013, $8.75 per hour effective December 31, 2014, and $9 per hour effective December 31, 2015. Following the increase, New York will join Washington, Washington, DC, and seven other states to have a minimum wage at or...
   
5. 5/1/2013 12:44:00 PM Affordable Care Act info session to prep employers
   published by Austin Business Journal, The (TX)
   Automatic Data Processing Inc. and international law firm Proskauer Rose will hold a free seminar for employers this month on how to prepare for the implementation of the Affordable Care Act in 2014. The interactive seminar,“ Travel The Affordable Care Act Continuum: Past, Present and Future Employer Impact,” will take place at 8 a.m. on May 15 at the Hyatt Regency...
   
6. 5/1/2013 12:01:00 AM EEOC to Explore Wellness Programs
   published by Targeted News Service
   The U.S. Equal Employment Opportunity Commission will hold a meeting on Wednesday, May 8, at 9:00 a.m., at agency headquarters, 131 M Street, N.E. In accordance with the Sunshine Act, the open session of the meeting will be open to public observation of the Commission's deliberations. Judith Lichtman, Senior Advisor, National Partnership for Women and Families.
   
7. 4/30/2013 12:01:00 AM Law Professor Named Outstanding Tax Attorney of the Year
   published by Targeted News Service
   The University of Florida issued the following news release:. The Florida Bar Tax Section recognized University of Florida law professor Dennis Calfee as the Gerald T. Hart Outstanding Tax Attorney of the Year on Saturday at the section's 35th annual meeting. Calfee was selected based on the significant impact he has made in improving the quality of tax law...
   
8. 4/29/2013 12:01:00 AM Arkansas Latest State To Restrict Employer Access To Applicant And Employee Personal Social Media Accounts
   published by Mondaq Business Briefing
   To assist employers in understanding the new Arkansas law, this alert discusses its coverage, prohibitions, exceptions, and remedies. The coverage of the new Arkansas law is expansive. The new Arkansas law defines "social media account" as a personal account with an electronic medium or service where users may create, share, or view user-generated content,...
   
9. 4/27/2013 12:01:00 AM General Counsel’s Division Of Advice Issues Helpful Guidance On Confidentiality Rules In Workplace Investigations
   published by Mondaq Business Briefing
   General Counsel’ s Division Of Advice Issues Helpful Guidance On Confidentiality Rules In Workplace Investigations- Proskauer Rose LLP 27 April 2013. As we reported here, in Banner Health System d/b/a Banner Estrella Medical Center, 358 NLRB No. 93, the NLRB reviewed an employer's blanket policy of requiring witnesses to maintain confidentiality during...
   
10. 4/26/2013 3:59:00 PM Fix, Nicoletti and Valencia Join Sklar Kirsh LLP
    published by PRLog
    - Apr. 26, 2013 - LOS ANGELES -- Attorneys Blake Fix, Mark Nicoletti and Albert Valencia, with more than 30 years of collective experience at the nation’s premier law firms, have joined Sklar Kirsh LLP, announced partner Jeffrey A. Sklar. The addition of ...
    
11. 4/25/2013 8:02:00 PM US pair lead as Permira and HgCapital funds raise ?4bn
    published by The Lawyer
    US firms Fried Frank Harris Shriver & Jacobson and Proskauer Rose have advised on a duo of funds amassing close to ?4bn that indicate the mixed success of private equity houses’ fundraising efforts. Nigel van Zyl Fried Frank Washington DC funds partner ...
    
12. 4/25/2013 2:36:00 PM GOP Senate hopeful Daniel Winslow, at a glance
    published by Associated Press
    EDUCATION: B.A. in political science from Tufts University, 1980; J.D. from Boston College Law School, 1983.. Winslow served as legal counsel to Republican Scott Brown during Brown's successful special election campaign for the U.S. Senate in 2010. In November 2010, Winslow was elected to the state House of Representatives from the 9th Norfolk District.
    
13. 4/24/2013 12:01:00 AM NLRB’s General Counsel’s Division Of Advice Issues Helpful Guidance On Banner Health Ban On Blanket Confidentiality Rules In Workplace Investigations
    published by Mondaq Business Briefing
    NLRB’ s General Counsel’ s Division Of Advice Issues Helpful Guidance On Banner Health Ban On Blanket Confidentiality Rules In Workplace Investigations- Proskauer Rose LLP 24 April 2013. As Proskauer previously reported here, in Banner Health System d/b/a Banner Estrella Medical Center, 358 NLRB No. 93, the National Labor Relations Board reviewed an...
    
14. 4/24/2013 12:01:00 AM The SEC and CFTC Adopt Identity Theft Red Flag Rules
    published by Mondaq Business Briefing
    The SEC and CFTC Adopt Identity Theft Red Flag Rules- Proskauer Rose LLP 24 April 2013. The SEC rules apply to entities such as broker-dealers, investment companies and investment advisers, while the CFTC's rules apply to entities such as futures commission merchants, commodity trading advisors and commodity pool operators. The Dodd-Frank Act requirement...
    
15. 4/24/2013 12:01:00 AM Colorado Ninth State to Prohibit Credit Checks for Employment Purposes
    published by Mondaq Business Briefing
    To assist employers in understanding the new Colorado law, this alert discusses its coverage, prohibitions, exceptions, and remedies. The coverage of the new Colorado law is expansive. By amending Title 8 of the Colorado Revised Statutes, the new Colorado law defines "employer" to mean every person, association of persons, firm, and private corporation who has four...
    
16. 4/23/2013 12:01:00 AM 403(b) Plans - Correction Due To Loss Of Tax-Exempt Status
    published by Mondaq Business Briefing
    It may also lose its exempt status if the IRS revokes or terminates exempt status for other reasons. To fix that problem, an organization may apply to the IRS for a reinstatement of its tax-exempt status; however, this only works if tax-exempt status was automatically revoked due to failure to file Forms 990. In that case, the IRS may reinstate tax-exempt status...
    
17. 4/23/2013 12:01:00 AM 403(B) Plans – Correction Of Plan Errors
    published by Mondaq Business Briefing
    403 Plans– Correction Of Plan Errors- Proskauer Rose LLP 23 April 2013. To help 403 Plan sponsors voluntarily correct any plan document errors, the IRS recently updated its Employee Plans Compliance Resolutions System. To simplify this procedure, the IRS has made available a 403 VCP Submission Kit, and to encourage 403 Plan sponsors to take advantage of this...
    
18. 4/23/2013 12:01:00 AM IRS Establishes Pre-Approved Plan Program For 403(b) Plans
    published by Mondaq Business Briefing
    On March 28, 2013, the IRS issued Revenue Procedure 2013-22 which establishes a program for the IRS to accept applications for opinion and advisory letters for 403 prototype plans and 403 volume submitter plans, respectively, starting June 28, 2013. The new program is similar to the pre-approved plan program maintained by the IRS for tax-qualified plans with...
    
19. 4/23/2013 12:01:00 AM NLRB: Employer Responsible For Backpay Of Union Representative Allegedly Injured During Workplace Assault
    published by Mondaq Business Briefing
    NLRB: Employer Responsible For Backpay Of Union Representative Allegedly Injured During Workplace Assault- Proskauer Rose LLP 23 April 2013. The NLRB has ruled that an employer is liable to lost wages for a union representative who allegedly suffered injuries after being pushed down a flight of stairs at a work site. The case is Norquay Construction, Inc., 359...
    
20. 4/22/2013 12:01:00 AM Fifth Circuit: No Fee Shifting For Title VII Mixed-Motive Retaliation Claims
    published by Mondaq Business Briefing
    Fifth Circuit: No Fee Shifting For Title VII Mixed-Motive Retaliation Claims- Proskauer Rose LLP 22 April 2013. By Mr Steven Pearlman, Harris M. Mufson and Jonathan S. Hershberg. On April 3, 2013, the Fifth Circuit affirmed a ruling from the U.S. District Court for the Northern District of Texas that a plaintiff was not entitled to attorney's fees and costs under...