Employers Should Watch for Wage and Hour Changes in 2019


The DOL recently released its Fall Regulatory Agenda, signaling its intent to act on some important issues under the Fair Labor Standards Act (“FLSA”).
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New IRS Guidance Boosts Confidence and Investment Potential in Opportunity Zone Program


On October 19, 2018, the IRS issued highly anticipated proposed regulations on opportunity zones.
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Say “Hello” to the Opportunity Zone Program, and “Goodbye” to Capital Gains Taxes


The U.S. Department of Treasury (“Treasury”) is expected to issue regulations providing administrative rules and guidance to clarify the operation and application of the Opportunity Zone program (the “OZP”); such regulations are currently under review by the Office of Management and Budget as of the date hereof.
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USCIS Implements New Removal Proceedings Policy – But Not for Employment Cases


In our July 12, 2018 blog, we discussed a new U.S. Citizenship and Immigration Services (USCIS) policy requiring the issuance of a Notice to Appear (NTA), which initiates removal proceedings against a foreign national, upon the denial of an immigration benefit request where the denial renders the applicant “not legally present” in the United States.
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“Guidance” is Not the Same as Law: The Role of Supervisory Guidance for Regulated Financial Institutions


“Supervisory guidance does not have the force and effect of law, and the agencies do not take enforcement actions based on supervisory guidance.”
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Take My [Wife/Husband/Spouse], Please . . . Protection from Marital Status Discrimination Expanded In New and Surprising Ways


For better or worse, when your parents disapprove of the person you’ve chosen to marry, there’s not much recourse in the law (although some might call your parents’ attitude a form of intentional infliction of emotional distress).
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Delaware Law Amended to Allow Limited Liability Companies to Divide Assets and Liabilities


The state of Delaware recently enacted an amendment to the Delaware Limited Liability Company Act (the “Act”), effective August 1, 2018, which allows a limited liability company to divide into two or more limited liability companies, with the assets, liabilities and duties allocated among those companies in a plan of division.
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GDPR Food for Thought: Privacy Shield


The EU General Data Protection Regulation (GDPR) took effect on May 25, 2018.
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Opportunity Zones: An Opportunity For Unaccredited Investors


The Tax Cuts and Jobs Act of 2017 established a new federal tax incentive for “Opportunity Zones” intended to spur investment in low-income communities.
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Mootness Fees in Maryland Stockholder Litigation


The Delaware Court of Chancery fundamentally altered the M&A litigation landscape when it expressed its skepticism of disclosure-only settlements in the case of In re Trulia, Inc. Stockholder Litigation, 129 A.3d 884 (Del. Ch. 2016).
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