Proposed FLSA Changes May Give Employers Greater Freedom in Structuring Employee Compensation
The U.S. Department of Labor (“DOL”) has proposed significant changes to the overtime pay regulations of the Fair Labor Standards Act (“FLSA”).
What Do the July 13, 2015 Amendments to California’s Paid Sick Leave Law Really Mean Anyway?
On July 1, 2015 the California passed Assembly Bill No. 304, which clarifies and amends certain aspects of the Healthy Workplaces, Healthy Families Act of 2014.
SEC Issues Proposed Rules for “Pay-Versus-Performance”
The U.S. Securities and Exchange Commission (the “SEC”) has issued Proposed Rules (the “Proposed Rules”) to implement Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, a...
China: Highlights of the 2015 Food Safety Law
Moving faster than many expected, the National People’s Congress of China promulgated the amended Food Safety Law (“2015 Food Safety Law”) on April 24, 2015. The 2015 Food Safety Law will be effective...
Auto Finance Companies Now Subject to CFPB Supervisory Authority
On June 10, the Consumer Financial Protection Bureau (“CFPB”) issued a rule bringing non-bank automobile finance companies under its supervisory authority. Auto finance companies were already subject ...
Menu Labeling Compliance Deadline Delayed, But No Time to Wait
Since the FDA issued the final menu labeling rule last December, franchisors have been asking what their role and liability is within the framework created by the FDA. In spite of years of FDA conside...
Second Circuit Breathes New Life Into Unpaid Internships
Last week, the Second Circuit delivered a highly anticipated ruling on whether companies may continue to use unpaid interns. In what represents a clear victory for companies, the Court adopted a fl...
Fifth Circuit Affirms Dismissal of Federal Securities Fraud Case Arising From Alleged Overvaluation of Mortgage-Backed Securities
The Fifth Circuit recently affirmed a district court’s dismissal of a federal securities fraud class action on the basis that the plaintiffs had failed to adequately plead facts establishing that the ...
DOL Releases its Proposed FLSA Regulations
On Tuesday, the U.S. Department of Labor (“DOL”) unveiled its highly anticipated proposed changes to the overtime pay regulations of the Fair Labor Standards Act (“FLSA”). These proposed changes are p...
Supreme Court’s Mercurial Decision on EPA’s Regulation of Toxic Emissions at Power Plants
In Michigan vs. EPA, the Supreme Court continues to curtail EPA’s ability to regulate emissions from power plants. Limiting the deference the Court will grant EPA on issues of statutory const...