Small businesses can help employees save for retirement, too

Many small business owners run their companies as leanly as possible. This often means not offering what are considered standard fringe benefits for midsize or larger companies, such as a retirement plan. If this is the case for your small business, don’t give up on the idea of helping your employees save for retirement in […]

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Capital One / Discover: Proposed Deal Sparks Antitrust Concerns

Capital One’s proposed $35.3 billion acquisition of Discover Financial pits any potential benefits against the potential for harm to competition in the form of increased market power through consolidation and reduced consumer choice. Based on their respective statements, the merging parties and the government may be eyeing the merger through opposite ends of the telescope. […]

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TikTok’s ByteDance Bids For Singapore Banking License

The owner of TikTok, the Chinese video sharing social network, is reportedly expanding into financial services with the family that owns OCBC Bank, the global financial services corporation headquartered in Singapore.

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Dubai’s Virtual Asset Regulator Levies Hefty Fines for Non-Compliance with its Regulations

Dubai, a global hub for virtual assets and cryptocurrencies, has taken a significant step forward in regulating the new industry of Virtual Assets. Earlier this year, the Dubai Virtual Assets Regulatory Authority (VARA) introduced its Virtual Assets and Related Activities Regulations 2023 (the Regulations), accompanied by rulebooks that set out the mandatory obligations for Virtual […]

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Key Factors in Determining if an Employee has Validly Resigned

There is often an assumption by employers that if an employee has resigned of their own volition, the employee will not be entitled to make claims against the company in relation to the termination of their employment.  However, there are certain situations where a ‘technical’ resignation by an employee will be considered a termination at […]

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Employers have until March 22 to apply to the Employee Retention Credit Voluntary Disclosure Program

The IRS’s deadline to apply to the Employee Retention Credit Voluntary Disclosure Program (ERC-VDP) is fast approaching. The ERC-VDP was developed by the IRS to assist employers who received but were not entitled to an Employee Retention Credit (ERC) to self-identify and repay that ERC. Employers must submit completed applications by 11:59 p.m. local time on March 22, 2024. […]

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Entity filing deadlines under the corporate transparency act (“cta”)

The most important question under the new CTA is when businesses must file their initial beneficial ownership information (“BOI”) reports. That filing deadline depends on when the entity was formed. Entities created or registered on or after January 1, 2024 and before January 1, 2025 have ninety calendar days from notice of their creation or […]

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CBS News New York Interviews Eric Wrubel on Alabama Supreme Court Case

Eric Wrubel, chair of Warshaw Burstein’s Matrimonial Group and co-chair of the Fertility Law Group, was interviewed for a story that ran on the 6 p.m. news regarding the recent Alabama Supreme Court case that addressed the treatment of embryos and how it might affect varying aspects of the IVF process. Watch the interview: https://youtu.be/eAsnVg4-iQM

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Changes to the categories of private companies to which the takeover provisions apply

Two Bills seeking to amend the Companies Act, 2008 (“the Act”) have been approved by the National Assembly and are under consideration by the National Council of Provinces.   The first Bill seeks, among other things, to amend the categories of private companies to which Parts B and C of Chapter 5 of the Act and […]

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Alert on New U.S. SEC Climate Risk Disclosure Rules

On March 6, 2024, the U.S. Securities and Exchange Commission (“SEC”) issued final Rules requiring covered companies to disclose “material” climate change risk impacts from their operations (“the Rule”). The text of the Rule, which will be published in the Federal Register shortly, can be found at https://www.sec.gov/files/rules/final/2024/3311275.pdf. The Rule was adopted in final form […]

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