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DOL Issues New Regulations on ESG Investing for ERISA Retirement Plans

USA - January 23 2023 On November 22, 2022, the U.S. Department of Labor (the "DOL") released new regulations (the "New Regulations") further clarifying the rules…

Jessica S. Carter, Precious E. Nwankwo

FTC Proposes New Rule Banning Non-Compete Clauses

USA - January 18 2023 On January 5, 2023, the Federal Trade Commission ("FTC") proposed a sweeping new rule ("the Proposed Rule") that would ban almost all non-compete…

Jacqueline L. Bonneau, Lisa E. Cleary, Hilarie Meyers

IRS Extends Deadline for Plan Amendments Under Certain Provisions of the CARES Act and the Relief Act

USA - October 26 2022 On September 26, 2022, the Internal Revenue Service issued Notice 2022-45, extending the deadline to amend eligible retirement plans (including…

Jessica S. Carter, David M. Glaser, Precious E. Nwankwo

The End to Mandatory Arbitration of Sexual Assault and Sexual Harassment Disputes

USA - October 19 2022 On March 3, 2022, President Biden signed into law the "Ending Forced Arbitration of Sexual Assault and Harassment Act of 2021" (the "Act"). The Act…

Sara A. Arrow, Jacqueline L. Bonneau, Lisa E. Cleary, Catherine J. Djang, Ryan J. Kurtz, Precious E. Nwankwo

Avoiding a Trap for the Unwary: Gains from Secondary Sales Treated as Compensation

USA - October 6 2022 Founders and other employees of private companies commonly employ sales of stock in the secondary market as a means of accessing cash prior to an…

Michael S. Arlein, Dahlia B. Doumar, Robin Krause, Edward H. Smoot, Brian M. Sweet, Justin Zaremby