Client Alerts
- March 22, 2012March 16, 2012March 8, 2012March 5, 2012March 5, 2012February 23, 2012February 22, 2012February 2, 2012January 27, 2012January 13, 2012January 5, 2012January 1, 2012December 28, 2011For the National Labor Relations Board, 2011 has been a year of controversial actions. Yet, on December 23rd, the NLRB announced that it was postponing – for the second time – the effective date of one of its most controversial actions in 2011: its new rule requiring all employers to post a "Notification Of Employee Rights Under The National Labor Relations Act."December 27, 2011Amendments to the Michigan Employment Security Act were signed into law by Governor Rick Snyder on Monday, December 19, 2011, and became effective at that time. Notable provisions in the amendments include several changes to the eligibility criteria for unemployment benefits.December 23, 2011Client Alert - Investment Management - SEC Adopts Final Dodd-Frank Definition of Accredited InvestorOn December 21, 2011, the Securities and Exchange commission ("SEC") adopted amendments to its rules in order to conform its definition of an "accredited investor" to the requirements of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"). Release No. 33-9287, December 21, 2011, available at http://www.sec.gov/rules/final/2011/33-9287.pdf. The Dodd-Frank Act requires that the value of a person's primary residence be excluded from the net worth calculation used to determine the person's "accredited investor" status for purposes of determining eligibility for investing in certain securities offerings that are exempt from registration. The prior rule defined "accredited investor" to include a person with a net worth of $1 million, including the value of the person's primary residence.December 22, 2011On December 21, 2011, the National Labor Relations Board adopted a final rule that amends the process for union representation elections. Employers had criticized the proposed rule as permitting labor unions to engage in "ambush elections."December 16, 2011December 8, 2011On December 2, 2011, EPA announced proposed standards to address air emissions from existing and new boilers and commercial and industrial solid waste incinerators (CISWI).December 1, 2011Jump to PageThe Internal Revenue Service has recently announced cost-of-living adjustments applicable to dollar limitations for retirement plans (and other items) for 2012. Many of the retirement plan limitations will change for 2012 because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. In many cases, this is the first time in three years the limitations have changed.November 22, 2011On November 30, 2011, the National Labor Relations Board ("NLRB" or "Board") plans to vote on whether to adopt changes to union representation elections that were proposed earlier this year. Although the changes were initially proposed with the intent "to reduce unnecessary litigation, streamline pre- and post-election procedures, and facilitate the use of electronic communications and document filing," the proposed final rule will be "limited to several provisions designed to reduce unnecessary litigation." However, the Board has not disclosed which provisions of the proposed rule that may includePage: