New England Biz Law Update
How much do you really worry anymore about a breach of your credit card? If your card is lost or your number is stolen, a thief might make a purchase or two before the fraud is detected and the card ...
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What U.S. employers need to know about the FY 2019 H-1B visa cap season
It’s the time of year when U.S. employers are preparing for the upcoming H-1B cap petition filing season. While it appeared that USCIS was considering revising the H-1B lottery process for this fiscal year by adding a new online pre-registration step, ...
Read More »Budget agreement contains changes to 401(k) plan hardship distribution rules
The budget agreement approved by Congress and signed into law on February 9, 2018, includes several changes to the rules governing hardship distributions from 401(k) plans. These changes — which were included in the House version of the tax reform ...
Read More »New Hampshire’s opioid crisis continues to challenge employers
New Hampshire continues to have more than its fair share of problems related to opioid addiction. Business owners face challenges previously unheard of, or at least unmentioned, in this small state. As employers continue to struggle to hire adequate numbers ...
Read More »Top 10 issues in licensing technology from universities
Many successful products on the market today began as embryonic inventions in university research laboratories. Gene splicing, magnetic resonance imaging and atomic microscopy, for example, all had their beginnings in the university setting. Since the passage of the Bayh-Dole Act ...
Read More »Mass. companies may withhold privileged communications from former officers
In Mooney v. Diversified Business Comms., Judge Sanders addressed a number of discovery issues, including the relevance of requested documents, the redaction of non-relevant information in responsive documents, and privilege. The most notable—an issue of first impression in Massachusetts—was whether a ...
Read More »Filed v. furnished, what’s the difference?
When disclosing information in a filing with the SEC, it is important to know whether such disclosure and any related exhibits should be “filed” or “furnished”. To non-lawyers, this may seem like semantics or another technical difference among lawyers, but ...
Read More »Company investors and board members off the hook for unpaid wages
Seyfarth Synopsis: In an important decision, the Massachusetts Supreme Judicial Court clarified the scope of personal liability for unpaid wages under the Massachusetts Wage Act. The SJC held that board members and directors of a company generally cannot be held ...
Read More »Massachusetts SJC limits Wage Act liability for board members and investors
The Massachusetts Supreme Judicial Court (SJC) has issued an important decision limiting the scope of personal liability under the Massachusetts Wage Act. In Andrew Segal vs. Genitrix, LLC, the SJC held that personal liability under the Wage Act violations extends only ...
Read More »SEC issues cease and desist order and further guidance on ICOs
Summary On December 11, 2017, the U.S. Securities and Exchange Commission (SEC) issued a cease-and-desist order to Munchee Inc. (Munchee), a company that was in the process of a $15 million initial coin offering (ICO), for selling unlicensed securities. The ...
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