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Employers face new immigration check requirement

Companies who want to do work for the federal government may soon have to do some mouse-clicking on the Internet first to make sure there are no illegal workers on their payrolls. A proposed rule that could potentially affect hundreds ...

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DOJ alters controversial ‘McNulty Memo’

A top Justice Department official told lawmakers earlier this month the controversial “McNulty Memo” would soon be a thing of the past. The memo – which authorizes federal prosecutors to offer favorable terms to corporate criminal defendants in exchange for ...

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Reach of retaliation claims expanded

The U.S. Supreme Court recently gave a big weapon to employees when it ruled that a Civil War era statute – 42 U.S.C. §1981 – encompasses retaliation claims related to workplace discriminatory animus. Interestingly, the statute itself does not even ...

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SEC eases resale of acquisition shares

“She never gives in. She just changes her mind.” – Billy Joel The specter of over-regulation, onerous reporting requirements, and the implementation of Sarbanes Oxley, including SOX Section 404 (concerning internal financial controls), have often been cited as inducing flight ...

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The current dark state of leveraged finance

Not too long ago, leveraged finance in the realm of mergers and acquisitions was seeing heady days. But things turned south pretty quickly. What happened?

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SJC upholds liquidated damages clause

The Massachusetts Supreme Judicial Court recently ruled that mitigation of damages is irrelevant to assessing an enforceable liquidated damages provision. The court in its first impression decision said it was illogical to consider mitigation because by agreeing in advance to ...

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