The decisions to commence and remain in a lawsuit trigger a number of legal and practical considerations including: the merits of your claims; the potential counterclaims that may eat into …
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New DOL Regulations May Have an Effect on Your Company’s Retirement Plans
Tax Rules for Partnership Audits Are Changing: Nearly Every Partnership and LLC Agreement in the United States Will Have to Be Amended
Recent Changes to the Tax Rules for Partnership Audits Will Require Nearly Every Partnership and LLC Agreement in the United States to be Amended!
CLIENT ALERT: The Department of Labor Announces Final Rule on White Collar Exemptions
Yours, Mine and Hours: Making Cents of Common Wage and Hour Violations
Each year we review the Top Ten most common wage and hour violations in New Hampshire. Because the stakes for noncompliance under state and federal wage and hour laws are higher than ever before employers of all sizes and types need to pay attention to these violations to stay in compliance and to avoid expensive civil penalties and wage adjustment orders from NHDOL.
Read MoreReview Nonqualified Deferred Compensation Arrangements Now, Before the IRS Shows Up to Audit Them
In 2014, the IRS began an audit initiative specifically aimed at nonqualified deferred compensation (“NQDC”) compliance under Section 409A. Then in June of this year, presumably based at least in part on common areas of non-compliance identified through the initiative, the IRS issued Section 409A Audit Guidelines for its agents. As a result, it is now more likely that employment tax audits will include a review of NQDC arrangements, making this an excellent time to review those arrangements. In many cases, Section 409A documentation and operational problems can be corrected, thereby avoiding significant tax consequences, provided the problems are identified in time.
Read MoreUSDOL Prevails in Case Affecting Two Million Home Care Workers
A battle is being waged by three home care associations to stop implementation of a new minimum wage and overtime regulation. However, the litigation took a turn in favor of their adversary on August 21, 2015. The U.S. Court of Appeals for the District of Columbia unanimously upheld a U.S. Department of Labor (USDOL) rule requiring home care agencies to pay the minimum wage and overtime to domestic workers who provide in-home care for the elderly, ill or disabled.
Read MoreThe Changing Definition of Joint Employers and the Ramifications for Franchisors
Over the last year, two key decisions by the National Labor Relations Board might have upended the franchise business model. Franchisors may now be considered ‘joint employers’ with their franchisees, expanding their labor and employment obligations to all of their franchisees’ employees and subjecting franchisors to greater risks of liability and collective bargaining responsibilities. A franchisor can potentially avoid these problems through careful drafting of its franchise agreements, a thorough evaluation of its relationship with its franchisors, and placing appropriate limitations on its practices with regard to exertion of control over employees at franchise outlets.”
Read MoreNew Hampshire Overhauls its Securities Laws to Facilitate Capital Formation
In a change that will be very important to entrepreneurs and businesses located in New Hampshire, on January 1, 2016, New Hampshire’s existing securities law will be repealed and replaced by a much more modern statute based on the 2002 Revised Uniform Securities Act. The new statute eliminates a number of confusing, non-uniform and unnecessary requirements under the old statute, such as issuer-dealer licensure and various private offering restrictions, and increases certain investor protections in areas that regulators have found to be of concern, including by provisions limiting the capital raising activities of persons who have had certain disciplinary or legal problems in the past.
Read MoreAn Inventor’s Guide to Reviewing a Patent Application
Patent applications encompass both legal and technical aspects, and are intended to address multiple audiences. This article provides tips to an inventor for reviewing a patent application.
Read MoreUSDOL Proposes Changes to Federal Overtime Exceptions
On March 13, 2014 President Obama directed the Secretary of the U.S. Department of Labor (“USDOL”) “to begin the process of strengthening overtime pay protections for millions of workers to help make sure they are paid a fair wage for a hard day’s work while simplifying the rules for employers and workers alike”. That was shortly after the President issued an Executive Order (February 2014) raising the minimum wage to $10.10 per hour for employees of federal contractors working at federal facilities. Both Executive Orders lacked some specifics and left many employers wondering about the details and the impact of the proposed changes.
Read MoreHelpful Tips for Compliance with OSHA Requirements
With the many changes in the modern workplace there is one constant, employers must protect employees from or correct known workplace safety hazards. The law and enforcement focus has changed over the years to adapt to the evolving workplace, technologies and materials. For example, as recently as June of this year, the Occupational Safety and Health Administration (OSHA) issued an Inspection Guidance for Inpatient Healthcare Settings. This article is intended to help guide employers through the health and safety laws and regulations that apply to most workplaces, as well as help steer away from common and expensive compliance problems.
Read MoreGovernor Hassan Signs Law Allowing Hospital Patients to Designate Aftercare Giver
Hospital patients are frequently readmitted after discharge due to complications caused by the lack of appropriate aftercare in the home. Many seniors rely exclusively on unpaid family caregivers once they are discharged from the hospital, and often, due to state or federal privacy restrictions such as HIPAA, these caregivers are not given full explanation or instruction on routine aftercare tasks such as medication management, wound care, bed transfers, injections, and operating medical equipment. On May 18, 2015 Governor Hassan signed the Caregiver Advise, Record, and Enable (CARE) Act, which allows a hospital patient or a patient’s legally appointed healthcare decision maker (guardian, durable power of attorney for healthcare, or health care surrogate) to designate a caregiver (e.g., relative, partner, friend, neighbor) to be instructed on aftercare measures.
Read MoreDoing Business in China Areas of Concern, Opportunities for Success
China presents potentially unique opportunities for American businesses of all sizes hoping to expand their production or exports overseas. United States exports to China have increased over 500 percent since China joined the World Trade Organization in 2001, and China’s economy as a whole has grown at a rate above 7% per year. With these gigantic opportunities come challenges. This article seeks to assist businesses doing or hoping to do business with China by pointing out areas of concern and a few tested solutions.
Read MoreMobility in the Realm of H-1B Employment New Guidance for Post-Approval Compliance
On May 27, 2015, U.S. Citizenship and Immigration Services published new guidance concerning when an H-1B employer is required to file an amendment petition in connection with a change in the worksite(s) of its H-1B employees. This guidance represents a stark departure from previous USCIS guidance on the issue. H-1B employers, who have until August 17, 2015 to take advantage of the safe harbor, should carefully review their files and determine if an amendment is needed to maintain compliance and avoid revocation and penalties.
Read MoreImportant Supreme Court ERISA Decision on Fiduciary Duties Concerning 401(k) Plan Costs Assessed to Participants
It has often been said that participant-directed investment of 401(k) plans gets companies and plan trustees “off the hook” for fiduciary liability under ERISA. The U.S. Supreme Court says otherwise
Read MoreTo Patent or Not to Patent? Weighing the Expense of Obtaining a Patent Against the Risk of Losing Your Invention
Inventors have many choices to make regarding their inventions. For first time inventors in particular, these choices can be confusing. After developing a new invention, many believe (or are advised by friends) that the next step is to patent the invention. While this may be common wisdom, it is not commonly understood. Why patent a new invention? What does a patent really do for you?
Read More“Finders Keepers, Finders Weepers” – What New Hampshire Businesses Need to Know about Unclaimed Property
If your response to the title of this article was “Huh?” and you run a business, then you may not be complying with state unclaimed property laws and a more appropriate response might have been “Uh-oh.”
Read MoreCLIENT ALERT: New Massachusetts Parental Leave Law
On January 7, 2015, outgoing Governor Patrick signed into law “An Act relative to parental leave” (“Parental Leave law”), which will replace the Massachusetts Maternity Leave Law (“MMLA”), Mass. G.L. c. 149, §105D. The new law took effect on April 7, 2015, and applies to employers with six or more employees, as well as employers of domestic workers.
Read MoreThe Best of Intentions When Letters of Intent Can Be Considered Enforceable Contracts
Letters of Intent have traditionally been an effective tool in memorializing a proposed agreement between two negotiating parties, while not binding either party to any future commitment. But a modern and growing body of law in various states is providing parties with the means to enforce certain provisions of LOIs, even if no ultimate agreement is executed.
Read MoreThinking of Buying a Franchise? Buyer Beware: Seek Competent Assistance Before Signing the Agreements
There are franchises for every conceivable business. What they all have in common are lengthy disclosure documents and complicated franchise agreements. A potential franchisee must do everything possible to fully understand the deal before investing a great deal of time and money in a franchise business. The time spent having qualified legal and accounting help before you sign the agreements will save you time, money and headaches.
Read MoreNew Hampshire Creates Board of Registered Medical Technicians
In the fall of 2011 the news broke that David Kwiatkowski, a traveling medical technician, had infected 30+ Exeter Hospital patients with Hepatitis-C using covert drug diversion tactics that eluded criminal background checks and drug tests. News of this catastrophe rocked the region. Health care facilities everywhere asked how did this happen and could this happen to us. To prevent this scenario from happening again, Exeter Hospital worked with one of its doctors who is also a legislator – Representative Thomas Sherman (D-Rye) – to craft a legislative solution. That solution is House Bill 658, which creates the New Hampshire Board of Registered Medical Technicians (“the Board”). House Bill 658 is codified at RSA 328-I:1 and RSA 151:3-d et seq. and took effect on October 1, 2014.
Read MoreMassachusetts’ Mandatory Sick Time Law
In 2014 voters in Massachusetts approved the ballot measure requiring employers to provide sick time for all employees. In doing so, Massachusetts joined a small group of states with mandatory sick time laws. What this means for employers is that they must provide sick leave for all employees beginning on July 1, 2015. Whether the leave must be paid or not is based upon the number of employees but all employers, regardless of size, must provide at least the mandated number of sick days.
Read MoreUpdate on Massachusetts Tax Amnesty Program
As expected, on July 13, 2014, the Massachusetts Tax Amnesty Program was signed into law by Governor Deval Patrick, and on August 28th the Massachusetts Department of Revenue (the “DOR”) issued a corresponding Technical Information Release and Frequently Asked Questions providing details on the program.
Read MoreCreditors’ Committee in a Chapter 11 Bankruptcy Case
A Creditors’ Committee can play an integral role in shaping the course of a Chapter 11 bankruptcy case. If your company is one of the debtor’s largest unsecured creditors, understanding the Committee’s role and careful consideration of the advantages and disadvantages of being on the Committee must be undertaken prior to deciding whether to serve.
Read MoreThe Chosen One: Can Massachusetts Insurance Companies Seek Equitable Contribution When Insured Fails to Provide Notice of Claim
Picture this: you’re an insurance company that has just received notice of a claim from one of your insureds. You provide coverage under the terms of the policy. Subsequently, you find out that your insured also has coverage from another insurer, but your insured never notified them of the claim. You provide notice to the other insurance company and seek equitable contribution, but the other insurance company refuses to contribute. It seems outrageous-can they do that?!
Read MoreN.H. Legislature Adopts Pay Equity Bill “But wait, there’s still more.” New law prohibits disciplining employees for discussing wages and benefits
While a Paycheck Fairness Act has been pending before Congress for a few years, with little hope of passage in the near future, the New Hampshire Legislature took a bold step forward early this summer and passed its own version.
Read MoreCorporate Philanthropy: To Give is to Receive
Companies looking to “give back” to their communities have never had as many options as they have today. According to a recent study, 64% of the companies surveyed contributed more to charitable causes in 2013 than in 2010. Many companies, large and small, public and private, incorporate philanthropy into their operations. We know from our own client base that corporate philanthropy is a staple of business life in New England and other parts of the U.S.
Read MoreHealth Care Drug-Free Workplace Law Scheduled to Take Effect in New Hampshire on August 25, 2014
In the wake of several national news stories concerning health care workers diverting and abusing controlled substances, the New Hampshire Legislature has enacted a statute that requires all health care facilities and providers, licensed under RSA 151 (except laboratories and collection stations) to adopt a written drug-free workplace policy by August 25, 2014.
Read MoreMassachusetts Tax Amnesty Program
Massachusetts is on track to implement a limited tax amnesty program during the upcoming July 2014 through June 2015 fiscal year. Under the proposed program, businesses owing certain back taxes such as sales and use taxes, meals taxes, withholding taxes, and room occupancy taxes may be eligible to pay those taxes without being subject to any penalties. Not all taxes, however, are eligible for the tax amnesty program. Most notably, income taxes and income tax returns are not currently included in the list of eligible taxes.
Read MoreEPA v. EME Home City Generation How EPA Is Fighting Immigration . . .of Air Pollution
In years past, EPA has opposed using cost based methods to enforce the Clean Air Act. Recently, however, EPA changed course. To better regulate the Good Neighbor Provision of the Clean Air Act, it implemented an elaborate cost based system to measure when an upwind state’s air pollution “contributes significantly” to a downwind state’s nonattainment of national ambient air quality standards. Though challenged by a multitude of states and industries leaders, the U.S. Supreme Court upheld EPA’s cost based approach in a 6-2 decision. This article discusses the seminal case, EPA v. EME Homer City Generation, L.P., and its impact on future EPA enforcement methods.
Read MoreAdministering Retirement Plans in a Post-Windsor World
The United States Supreme Court’s ruling in the case of United States v. Windsor last summer ended the exclusion of same-sex spouses from the definition of “marriage” under federal law. That case, and the constantly changing makeup of same-sex marriage laws in the states, raised many questions concerning the operation of ERISA-qualified retirement plans. Thankfully, recent guidance from the federal regulators provides answers which will assist employer sponsors in properly administering their plans and avoiding disqualification for federal tax purposes.
Read MoreUpdate on Health Care Decision Making New Law Fills Gap
For almost 25 years, New Hampshire law has afforded competent adults the right to execute a Durable Power of Attorney for Health Care document (also known as a “DPOAHC” or an “Advance Directive”). For some reason, though, only one-third of New Hampshire’s citizens take advantage of this opportunity. This month Governor Hassan signed into law House Bill 1434. The new law addresses the dilemma faced by the two-thirds of New Hampshire adults who for some reason or another have not signed DPOAHC’s.
Read MoreLegal and Legislative Update – Some Relief from Confusing Non-Compete and Non-Piracy Law Employers Must Still Provide Copies in Advance to Applicants as New Job Offers are Extended
In late May of 2012, Governor Lynch signed into law HB 1270, an act requiring New Hampshire employers to provide a copy of any “non-compete and non-piracy agreements” to applicants and certain employees prior to the actual job offer and allowing the applicants time to review and consider the restrictive covenants before accepting the job. That law, RSA 275:70, had several problems because it didn’t define its terms or deal with the impact on existing agreements. In this legislative session a bill was passed to correct many of the flaws in that law. While the bill was helpful some argue it didn’t go far enough.
Read MoreConstruction Contracts: No Damage for Delay Clauses – Revisited
No damage for delay clauses in construction contracts have routinely been upheld by Massachusetts courts. These clauses typically provide that a subcontractor’s sole remedy for delays caused by others, including the general contractor or the owner, is a time extension. However, a recent Massachusetts court decision provides a new twist on these provisions.
Read MoreOut of the Courtroom and Back to the Boardroom Mediation as an Alternative to Litigation
Many businesses are initially reluctant to engage in mediation, opting instead for an aggressive litigation posture. Yet, more than ninety percent of business cases ultimately settle, and many of these resolve through mediation. While litigation may be the best vehicle to resolve some cases, in others a successful mediation can save time and the parties expenses as well as avoid the uncertainties of litigation.
Read MoreLook Before You Lease Protecting Your Business From Unexpected Costs
Commercial leases contain many traps for the unwary. From subleasing restrictions to hidden maintenance fees, a commercial tenant can easily find itself caught in an unfavorable, costly lease. Being aware of these traps and negotiating a lease with counsel will help prospective tenants avoid unexpected costs down the road.
Read MoreWe have to produce what? To whom? Where? Protecting your sensitive business information in lawsuits involving foreign parties
Given today’s global marketplace, many businesses will end up in litigation that requires production of sensitive business information to an overseas party or competitor. The business may be a third-party served with a subpoena, requiring the production of such information in a lawsuit to which it is not even a party. In this electronic age, making such a production may present serious business risks. There may be ways to limit that production, however, or at least acquire appropriate protection from the court.
Read MoreDoing Business With and Making Sure Your Company Gets Paid By Financially Distressed Customers
Doing business with a financially distressed customer is not without its challenges and risks. However, if those challenges and risks are properly managed, you may be the beneficiary of a continued and stronger business relationship with your customer. But if the warning signs of your customer’s financial trouble are mounting and past being able to be managed without reasonable comfort of getting paid, swift action must be taken to protect against a possible bankruptcy filing and the attendant losses that are likely to follow.
Read MoreDebts, Divorce and Disunion
Dividing debts in divorce does not simply involve the two parties to the divorce; there are third party lenders who have rights under the loan documents which are not overridden or changed by a decree from a divorce court. Because these lending relationships survive the divorce no matter what the parties agree between themselves or what is ordered by the court, care must be taken to structure the allocation of debt to avoid unintended obligations and entanglements.
Read MoreThere’s (Fool’s) Gold in Them Thar Hills The Prospects for Funding the Emerging Business Have Improved Markedly but There are Strings Attached
The JOBS Act – optimistically named – created a number of new ways for private companies to access capital for growth and operations. Some are more meaningful than others. This article is focused on lifting the ban against general solicitation of accredited investors in an offering that is exempt from registration with federal and state regulators. It is one of the most promising developments in recent history for companies in search of funding.
Read MoreCloud Computing and Bankruptcy What Happens if the Cloud Bursts?
Cloud computing is a cost effective way to handle IT needs through outsourcing those requirements. A significant risk posed by outsourcing to a cloud provider is that one’s data is now in the control of the cloud provider. If the cloud provider files for bankruptcy protection, aside from the fact that you might no longer receive the cloud service, you have the additional challenge of obtaining your data.
Read MoreProtect your License, Protect your Livelihood Recent Supreme Court Decision Offers Lessons to Professionals Facing Investigation or Disciplinary Action by Licensing Board
New Hampshire physicians, architects, engineers and many other professionals are regulated by administrative licensing boards. For those professionals, a state-issued license represents their livelihood. The Appeal of Boulard, a recent decision by the Supreme Court of New Hampshire, clarifies important legal principles that affect any professional facing investigation or disciplinary action.
Read MoreU.S. Still a Land of Opportunity: For Investors Permanent Resident Opportunities for Foreign-born Investors under the EB-5 Program
The United States is often referred to as the “Land of Opportunity” and its history is rife with examples of foreign-born innovators arriving on U.S. shores and establishing some of America’s best known businesses. That tradition continues today. Foreign-born investors continue to start and provide capital to new businesses operating in a diverse array of industries. In fact, according to a 2012 report by the Small Business Administration, immigrant entrepreneurs started seventeen percent (17%) of all new U.S. businesses in 2005 – and generated $52 billion in sales and hired 450,000 workers in the process. This growth has been partially fueled by the creation of the EB-5 visa classification. Through the EB-5 programs, immigrant investors are permitted to make qualifying investments in the U.S. and receive permanent residence in return. The decision to participate in these programs, however, should be carefully evaluated by both the investor and U.S. businesses.
Read More2013 Top Ten List of Wage and Hour Violations in New Hampshire (and how to avoid them in 2014)
Each year we review the Top Ten most common wage and hour violations in New Hampshire. Because the stakes for noncompliance under state and federal wage and hour laws are higher than ever before, employers of all sizes and types need to pay attention to these violations to stay in compliance and to avoid expensive civil penalties and wage adjustment orders from NHDOL.
Read MoreLong-Term Care Facilities Rejoice, Resident Fiduciaries Beware: New Hampshire Legislature Provides New Tool For Collecting Long-Term Care Debt
A long-term care resident’s fiduciary fails to apply for Medicaid, creates a Medicaid penalty period by transferring the resident’s assets, or fails to pay the resident’s patient pay amount. Until recently, long-term care facilities were left holding the bag. A recently-passed law gives long-term care facilities a new tool for collecting that debt.
Read MoreEvents of Note Relating to Estate Planning
All clients need estate planning and periodic checks of their plans. The New Hampshire legislature passed three laws in its 2013 session that affect probate administration, advance directives, and long term care which affect New Hampshire clients and are of interest. This article summarizes those developments.
Read MoreNew Hampshire Enacts Modernization of Business Corporation Act
On June 27, 2013, Governor Maggie Hassan signed into law Senate Bill 41, enacting a comprehensively revised and updatedNew Hampshire Business Corporation Act, RSA 293-A. The new Business Corporation Act goes into effect on January 1, 2014, replacing the current Business Corporation Act, which was enacted in 1993. The new Business Corporation Act represents a better-engineered law which will bring New Hampshire into line with a number of other states which have enacted more recent variants of the American Bar Association’s Model Business Corporation Act.
Read MoreCaveat Emptor – “Free and Clear” Sales May Be Clouded by Successor Liability Claims
It is a generally recognized principle of law that a company purchasing the assets of another company does not assume liability for the selling company’s debts. Under the state law doctrine of successor liability, however, there are several different theories under which the selling company’s liabilities could be imposed upon the buying company. Because of this and other purchasing risks, buyers of assets of financially distressed companies have more and more frequently elected to have “free and clear” sales conducted through bankruptcy proceedings. But recent case law should put prospective purchasers of assets in bankruptcy sales on notice of the continued risk of potential successor liability claims, notwithstanding a sale order that absolves the buyer of any of the seller’s liabilities.
Read MoreIf You Think Single-Member Limited Liability Companies are Simple, Think Again!
In a recent Tax Court case, a taxpayer learned a fundamental lesson about single-member limited liability companies the hard way. The taxpayer had carried out a transaction intended to create a tax benefit making use of a limited liability company (an “LLC”) that he thought was taxable as a partnership. As it turned out, however, the LLC, which the taxpayer thought was a two-member LLC, was treated as a single-member LLC for federal income tax purposes and none of the partnership tax benefits that the taxpayer had planned for were available.
Read MoreIs Your Business Complying With Applicable Call Recording Laws?
Businesses often record and monitor telephone calls involving their customer service representatives or call center agents for quality control or quality assurance purposes. That practice is subject to federal and state wiretapping laws, which apply to the electronic recording of telephone calls. Businesses, therefore, should understand and comply with call recording laws. Failure to do so may result not only in a civil claim for money damages, but also criminal prosecution.
Read MoreHome Occupations and Accessory Uses: Zoning Considerations When You or Your Employees Work From Home
Particularly in today’s cyber-based economy, it is common for persons to work at home – even those engaged in substantial businesses. What many might not know is that local zoning laws and regulations may severely restrict or even prohibit those activities. When considering a home based business, it is very important that local zoning laws be carefully reviewed to make sure you are not inadvertently overstepping the law.
Read MoreThe Elusive Trade Secret Known as a “Customer List” A Brief “How-To-Guide”
Companies often assert in litigation and to their employees that they possess a “customer list,” and that the customer list is a “trade secret.” The case law makes clear that a customer list is only a trade secret when imbued with information that others cannot otherwise or easily replicate. This article provides examples of customer lists that are and are not trade secrets, within the meaning of the Uniform Trade Secrets Act, and tips on how to build and protect the competitive value of a customer list that is a trade secret.
Read MoreCrowd Funding: A Boon for the Small Investor or an Invitation to a Scam?
Historically, there have been two categories of individual investors: accredited investors – deep pocket individuals, with significant income or assets – who had entre to investments in technology start-ups and emerging companies; and John and Jane Q. Public, who for the most part stood by and watched, because they didn’t meet the minimum financial requirements for eligibility. The theory of crowd funding, authorized under the Jumpstart Our Business Startups Act (JOBS Act of 2012), is to find a way for the man and woman in the street to participate in these opportunities. While it was at it, Congress also made it easier for those emerging companies to reach the accredited investor community with public advertising. This article discusses how the JOBS Act addresses those issues.
Read MoreFixing Your Non-Competes Before You’re in a Fix: An Update
Several years ago, in the July 2007 edition of Good Company, we highlighted for employers ten common mistakes that threaten the enforceability of non-compete agreements. One of those common mistakes – Failing To Update Your Agreements To Comport With Changing Laws – prompts us to remind employers of a new change in the law. Additionally, in light of more recent case law and reflection on the topic, we highlight two additional mistakes for the unwary and offer best practices for avoiding related trouble.
Read MoreHow to Decide Whether an Internship Should be Paid or Unpaid (and Avoid Summertime Blues with the Department of Labor)
As summer approaches and college and high school students are seeking paid and unpaid internship opportunities as a source of work or to gain useful experience. The economy is improving and employers in all sorts of industries are hiring especially for entry level positions. Many employers have customarily used internships as informal apprenticeships or to offer students real work experience. While this might seem like a win-win situation for employers and students there are potential pitfalls with these arrangements.
Read More“Hey, It’s My Lawyer Too!” The Massachusetts SJC Addresses the Attorney-Client Privilege in Closely Held Corporate Disputes
A recent decision from the Massachusetts Supreme Judicial Court reaffirms fundamental principles of the attorney-client privilege while raising significant questions about who is protected by that privilege in litigation among directors in a closely held corporation.
Read MoreFCPA Compliance Tips for Doing Business Abroad
While some might view the bribing of foreign government officials to secure business as a necessary evil, US law views such payments as detrimental to public confidence and generally destructive to international trade. As more and more US businesses engage in overseas trade, the chances of US businesses bumping up against the US Foreign Corrupt Practices Act are increasing. The sanctions for noncompliance can be severe. Equally severe are the costs of fending off a government investigation into your company’s business practices. A robust FCPA compliance program may be your best investment.
Read MoreThe HIPAA Final Rule Is Here Business Associates and Other Associated Businesses
Close to four years after HITECH became law, the United States Department of Health and Human Services has issued omnibus final regulations (the Final Rule) implementing the provisions of the law. Many of these regulations have a direct bearing on the obligations and liabilities of business associates, as well as on rights of patients and obligations of covered entities.
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