The Federal Circuit recently issued its much anticipated decision in St. Regis Mohawk Tribe v. Mylan Pharmaceuticals. A panel of the court, consisting of Judges Dyk, Moore, and Reyna, held that “tribunal sovereign immunity cannot be asserted in IPRs.” Relying on the Supreme ...
Read More »Corporation does not owe fiduciary duty to shareholders
“Under Massachusetts law,” Judge Salinger observed inStone v. Remillard, “a corporation does not owe a fiduciary duty to its shareholders.” In support of that blackletter law, Judge Salinger cited to footnote three of Merola v. Exergen Corp., 423 Mass. 461 (1996). ...
Read More »H-1B compliance: What to do when you terminate your H-1B employee
Many employers are aware that they are responsible for the reasonable cost of an H-1B worker’s return transportation home if they terminate an employee prior to the expiration of their H-1B petition. What many employers do not realize is that ...
Read More »America’s Test Kitchen faces abuse of process claim
America’s Test Kitchen (ATK) commenced suit against Christopher Kimball, who used to work for ATK. The lawsuit arises from Kimball’s development of a competing business. ATK also sued William Thorndike, Jr. According to ATK, Thorndike misappropriated confidential information and aided ...
Read More »Near unity among the circuits: Anti-assignment provisions are enforceable
U.S. Courts of Appeals in all but four Circuits have now held that anti-assignment provisions in health insurance plans governed by ERISA are enforceable. In American Orthopaedic & Sports Medicine v. Independence Blue Cross Blue Shield, No. 17-1663, 2018 WL 2224394 ...
Read More »Reviewing the court’s ruling on worker class action
Arbitration agreements in employment often require employees to agree to waive their ability to bring class action or collective litigation. In its place, the employee agrees to participate in arbitration proceedings involving just the employee’s dispute. The enforceability of these ...
Read More »NLRB General Counsel adopts less restrictive policy on employee handbook rules
On June 6, 2018, the National Labor Relations Board’s (NLRB) General Counsel issued a guidance on the agency’s new position on employee handbook rules. Reflecting recent changes in Board law, the guidance issued by NLRB General Counsel Peter Robb indicates that his ...
Read More »Socially responsible investing and the plan fiduciary
In the wake of mass shootings, environmental disasters, industrial accidents, drug and tobacco use pandemics, and other tragedies, retirement plan investors are paying more attention to selecting or rejecting investments based on perceived public policy benefits or detriment. For example, ...
Read More »OCIE issues risk alert on compliance issues for advisory fees and expenses practices
The Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (OCIE) recently released a Risk Alert summarizing the most frequent compliance issues relating to fees and expenses from over 1,500 deficiency letters sent to registered investment advisers during the ...
Read More »Third Circuit holds discovery rule does not apply to FDCPA limitations period
On May 15, 2018, the United States Court of Appeals for the Third Circuit issued an important decision regarding the statute of limitations under the Fair Debt Collection Practices Act (FDCPA), 15 U.S.C. § 1692, et seq. In Rotkiske v. Klemm, No. 16-1668 (3d Cir. ...
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