Client Alerts
- January 15, 2021
FCA issued new terms and conditions effective January 1, 2021. The only material changes are to Section 13, governing service part supply and pricing obligations. Unfortunately for suppliers, the changes increase their service part obligations.
January 14, 2021When Congress enacted the Paycheck Protection Program (“PPP”) through the CARES Act in March 2020 in response to the COVID pandemic, businesses rushed to apply for this federal aid to bridge them through the initial lockdowns and operational restrictions imposed across the country.
January 12, 2021On December 22, 2020, the U.S. Securities and Exchange Commission sent shockwaves through the digital asset industry with a Southern District of New York action alleging that Ripple Labs, Inc. improperly raised over $1.3 billion through a years’ long unregistered securities offering.
January 11, 2021Now is the time to review Michigan property tax assessments to avoid excessive property tax paymentsMichigan property owners will be receiving their real property tax Notice of Assessment within the next few weeks. Property owners may find that they are being assessed using inflated taxable values, especially in light of the pandemic and if they have not recently appealed their property tax assessments.
January 11, 20212020 saw an increase in enforcement action by the Department of Health & Human Services, Office of Civil Rights (“OCR”) regarding noncompliance with the HIPAA Privacy, Security and Breach Notification Rules, with penalties ranging from $3,500 to $6.85 million.
January 11, 2021A recent decision by the Court of Appeals for the Sixth Circuit conclusively answered that question with a clear “no.”
January 11, 2021Many businesses seeking ways to manage the risk of litigation, especially class action litigation, have turned to contractual clauses requiring mandatory individual arbitration, meaning that any claim must be arbitrated, not litigated, and must be arbitrated only on an individual basis, not on a class basis.
January 8, 2021Businesses financially impacted by the COVID-19 pandemic may be eligible for the Employee Retention Credit (the “Credit” or “ERC”). This Credit, a refundable tax credit intended to provide economic relief, was originally enacted as part of the CARES Act and recently modified by the Consolidated Appropriations Act, 2021 (“2021 Appropriations Act”) (H.R. 133) signed into law on December 27, 2020.
January 7, 2021Last week, we provided a forecast of topics that are on the horizon for 2021. As predicted, the landscape is changing to allow for fewer restrictions on the development of electrification and automated driving systems.
January 7, 202110, 9, 8, 7, 6, 5, 4, 3, 2, 1 - - Happy New Year!! When the clock struck midnight on December 31st, the Families First Coronavirus Response Act (FFCRA), including the benefits provided under the Emergency Paid Sick Leave Act (“EPSLA”) and the Emergency FMLA Expansion Act (“EFMLEA”) automatically expired.
December 31, 2020By now, President-Elect Biden’s aversion to employee non-compete agreements is well-known. So too is the notable bipartisan interest within Congress to scale back the enforceability of such agreements nationwide.
December 30, 2020The first bit of news in 2021 is about what didn’t happen at the end of 2020…the automotive manufacturing plants did not shut down for their normal two-week holiday pause and production continued at near full capacity.
December 30, 2020As 2020 draws to a close, multiple industries face instability in their supply chains. The causes vary, ranging from COVID-induced labor shortages, to surging demands for steel and other raw materials, with shortages of supply, to logistical and capacity constraints in the transportation sectors, to widespread financial distress.
December 29, 2020On Sunday, December 27, 2020, President Trump signed the COVID-19 Economic Relief Bill into law.
December 22, 2020When one agrees to a contractual agreement, he or she should focus on the clause selecting the forum for potential future disputes. There are two types of forum-selection clauses: permissive clauses and mandatory clauses. While permissive forum-selection clauses authorize jurisdiction and venue in a designated forum without excluding litigation elsewhere, mandatory forum-selection clauses exclusively designate a specific jurisdiction and venue for future disputes.
December 22, 2020A USMCA Technical Amendment to the FY21 Omnibus Appropriation/Covid Relief Act allows post importation refunds of the Merchandise Processing Fee (MPF) for the United States Mexico Canada Agreement (USMCA) participants.
December 15, 2020On December 10, 2020, the Department of Health and Human Services (HHS), Office of Civil Rights (OCR) issued proposed changes to the HIPAA Privacy Rule in furtherance of HHS’s Regulatory Sprint to Coordinated Care.
December 14, 2020On December 9, 2020, Mexican President, Andres Manuel Lopez Obrador, executed a symbolic agreement with labor unions and business leaders to negotiate a controversial amendment to Mexico’s Federal Labor law that would virtually prohibit all outsourcing practices (except for specialized work) in Mexico (the “Bill”).
December 8, 2020Jump to PageLast week, a bill was introduced in the U.S. House of Representatives that would create new requirements regarding the issuance, management, and supervision of the digital asset class known as “stablecoins.”
December 8, 2020The London Interbank Offer Rate (LIBOR) will no longer be published by end of 2021 or possibly even sooner.
Page: