Featured Post ILN Today Post

International Lawyers Network

The International Lawyers Network (ILN) is a leading association of 91 high-quality, full-service independent law firms.

Since 1988, the ILN has helped its members keep pace with today’s global economy, through access to the tremendous strength and depth of the combined expertise of 5,000 lawyers in 67 countries on six continents.

ILN member firms are among the most respected and most experienced counsel in their jurisdictions. Clients’ increasing need for reliable foreign counsel is well-met by the personalized, high-quality and cost-effective legal services provided by ILN member firms. Unique to the ILN are the strong personal and professional relationships among its members and their clients developed over the past 26 years. Far from a mere directory, the ILN is an affiliation of lawyers who gather on a regional and worldwide basis annually and work routinely with each other to address client requirements and needs.

Each of the ILN’s member firms is international in outlook and staffed by highly trained senior attorneys, who are experts in a broad range of practice areas. ILN members have demonstrated experience in working successfully with international companies. They are independent, mid-sized firms within their jurisdictions, and are committed to the focus of the International Lawyers Network, admitted to the Network only after a rigorous application process. The ILN provides clients with high-quality service from experienced local counsel who work in firms that maintain excellent reputations in their own countries. This means that clients have immediate access to attorneys who are native, both linguistically and culturally, to the country of interest.

The ILN’s international directory app is available for iPhone, Android and BlackBerry smartphones. To access the app, click here or log on to ILNmobile.com from your smartphone.

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Chris Ramsay presents at the Continuing Legal Education Society of BC

Chris Ramsay will be presenting today at The Continuing Legal Education Society of BC event “Bankruptcy & Insolvency 2014“. In this full day event, which is taking place at the Pan Pacific Hotel, Chris will be presenting on Informal Proposals. In particular, what an informal proposal is, the advantages and disadvantages of acting for the debtor/creditor, the contents of a forbearance agreement as well as the Fraudulent Conveyance Act, the Fraudulent Preference Act, and the BIA.

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FINRA Reminds Employers that Employees Can Communicate with FINRA and Employers Need to Let them Know!

By Kenneth DiGia and Lauri F. Rasnick

FINRA just issued a reminder regarding its views on confidentiality provisions and confidentiality stipulations.

Settlement Agreements

In Regulatory Notice 14-40, FINRA follows up on its prior Notice to Members 04-44, in which it had cautioned firms about the use of certain provisions in settlement agreements that impede, or have the potential to impede, FINRA investigations and the enforcement of FINRA actions.  Specifically, FINRA had addressed settlement agreement provisions which limited, prohibited or discouraged employees from disclosing settlement terms or underlying facts in dispute to FINRA or securities regulators.  FINRA proposed acceptable language to be included in settlement agreements or similar contracts which contain confidentiality obligations.

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Update on BC IPP Supply

Last week, BC Hydro released updated information with respect to its supply of electricity from independent power producers (IPPs). IPPs include power production companies, First Nations, municipalities and BC Hydro customers.

There are a wide variety of IPP projects located across the province and include renewables such as hydro, wind, biomass and biogas, thermal (natural gas), waste heat recovery and municipal solid waste.

The current total BC IPP capacity is 3,914 MW which generates 16,585 GWh of energy per year. The largest “IPP” project listed is Rio Tinto  Alcan’s hydro project (896 MW / 3,307 GWh/year).

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Ændringsforslag til erstatningsansvarsloven

Regeringen finder, at erstatningsansvarsloven ved beregningen af erhvervsevnetabserstatning
i højere grad end i dag bør sikre ligestilling mellem unge optaget på forskellige ungdomsuddannelser.

Der lægges derfor med lovforslaget op til at justere beregningsprincipperne for udmåling af erhvervsevnestabserstatning for så vidt angår skadelidte, som er optaget på en gymnasial uddannelse eller på den grundlæggende del af en erhvervsuddannelse.

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Two for Tuesdays: Networking Negatives

Despite a lingering migraine this afternoon, I am bringing you a Two for Tuesdays post! Last night, I got thinking about some of the negatives that I’ve heard from my lawyers about networking, and how to combat those. Today, I’m bringing you two of the top complaints I’ve heard and some suggestions for solving them.

Networking Negative One: Awkward Silences

There are some people who can talk with anyone – my brother-in-law is like that. Put him in a room with a bunch of people he doesn’t know, and he excels at connecting with them without awkward silences.

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ILN Today Post

Conveyancing and The Law of Real Property

The questions may be asked what is Conveyancing and why is it attached to the Law of Real Property.

When dealing with the Law of Real Property there are two fundamental points which must be understood‐‐‐

(i) You acquire knowledge of the rights and liabilities attached to the interests of the owner in the land and

(ii) The foundation of the Rules of Conveyancing. More…

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California Controller Launches “Operation Pay-Up”

As if California employers were not already besieged with wage-hour class actions and agency complaints, the state’s controller has now decided to get in on the action.

At The Los Angeles Times reported last week, Controller John Chiang has initiated a new program he calls “Operation Pay-Up” to recover unpaid wages.  The article may be found here:  http://www.latimes.com/business/la-fi-wage-theft-action-20141024-story.html

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ILN Today Post

ASIC investigation into mis-selling add on insurance

ASIC reported on its investigation into the sale of add on insurance to consumers at the 2014 annual credit conference.

ASIC presented specific data collected about add on insurance sold with car finance, emphasising that the mis-selling of car finance / add on insurance was a regulatory priority for ASIC. More…

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Disruptive Technology in the Workplace: Employment Law Considerations

By Steven C. Sheinberg, General Counsel of the Anti-Defamation League & Guest TMT blogger.*

A recent McKinsey report on twelve “disruptive” technologies included four that will fundamentally transform how employers relate to their employees: mobile Internet, automation of knowledge work, the Internet of things and cloud computing. I would add to the list three results of these technologies: big-data, cybercrime and privacy.

From an employment law perspective, the common element here is data – data that flows to, is stored by, and is used (or misused) by employers, third parties and employees.

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Illinois Employers Will Soon Be Able To Legally Pay Their Employees by Payroll Cards, But Beware Of The Fine Print

In August, Illinois Governor Pat Quinn signed into law HB 5622, amending the Illinois Wage Payment and Collection Act (IWPCA), which now recognizes for the first time payment of wages by payroll card. The law goes into effect on January 1, 2015. While the law provides a new option for Illinois employers, they must be careful to comply with the conditions under which payroll cards may be used.

Under the current Illinois law, employers are required to pay employees via check or direct deposit. The current law is silent as to whether payroll cards, which operate like debit cards, can be used to pay wages. Some businesses prefer using payroll cards because, by simply loading the card electronically, they can save the costs involved in preparing physical checks. Employees, however, have been adverse to payroll cards because of fees that have been deducted from their wages. The Illinois Attorney General’s Office found that these fees were both excessive and unfair.

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