ILN Today Post

Stradling Files S-1 for San Diego Medical Device Company

Yahoo! Finance

October 2013

Stradling files S-1 for San Diego-based Tandem Diabetes Care, Inc. It plans to list on the Nasdaq under ticker symbol TNDM.

The Stradling team was led by shareholder Bruce FeuchterRead the article.

This is Stradling’s second S-1 filing for a San Diego-based company in a week. Read about the filing for Biocept Laboratories, Inc. here.

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Changes to health and safety regulation

Two revised health and safety regulations that are intended to help businesses comply with the law more easily came into force last week.

The first deals with the provision of first aid training, and takes the form of amendments to the Health and Safety (First Aid) Regulations 1981. It will make sure that the Health and Safety Executive (HSE) no longer needs approve first aid training and qualifications.

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Proposed CEO Pay Ratio Disclosure Rules: Another Piece of the Dodd-Frank Puzzle

Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) requires certain public companies to disclose how the compensation of the company’s chief executive officer (“CEO”) compares to the compensation of employees generally. The disclosure must include (i) the CEO’s annual total compensation, (ii) the median of the annual total compensation of all employees other than the CEO, and (iii) the ratio of (i) over (ii).

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ILN Today Post

The Bahamas signs the Convention on the Rights of Persons with Disabilities

On the 24th September, 2013, the Bahamas became a signatory to the Convention on the Rights of Persons with Disabilities.

The Convention on the Rights of Persons with Disabilities is an international human rights treaty of the United Nations intended to protect the rights and dignity of persons with disabilities. As a result of the Bahamas being a signatory to the Convention, it is now required to provide, protect and ensure the full enjoyment of human rights and fundamental freedoms by persons with disabilities and ensure that they enjoy full equity under the law and to promote respect for their inherent dignity. More…

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Restaurant Sues Former Chef to Recover H-1B Visa Expenses When He Quits Before his Contract Expired

By: Robert S. Groban, Jr. and Matthew S. Groban

On June 28, 2013, a District of Columbia restaurant sued its former executive chef to recover the expenses incurred to secure his H-1B visa.  See Rasika West End LLC v. Tyagi, No. 13-0004426 (D.C. Super. Ct. filedJune 28, 2013). According to the complaint, the employer entered into a thirty-six (36) month contract with the H-1B employee, and claimed that it would take that long to recover, among other things, funds spent to secure the approved H-1B petition the employee needed to assume the position. The complaint further alleges that the restaurant was entitled to recover these expenses because the contract required the employee to pay them if he voluntarily left the employment before thirty-six (36) months elapsed. 

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ILN Today Post

Thoughts of a credit tragic

If you lie awake at night dreaming of the NCCP Act, you’ll love this article.

EDR or IDR

EDR schemes report that they receive many calls from customers who really want to talk to their financier.  However, because the EDR details are bolded so prominently in so many documents, the customer rustling around for a phone number often picks the EDR’s number. More…

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ILN Today Post

Further draft Australian Privacy Principles guidelines released for comment

The Office of the Australian Information Commissioner (OAIC) has issued further draft guidelines detailing how it will interpret and apply the Australian Privacy Principles (APPs) when exercising its functions under the amendments to the Privacy Act which come into effect on 12 March 2014.

The second tranche of draft guidelines can be accessed here.  The third and final tranche is expected to be issued next month. More…

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ILN Today Post

Dismissal on face value enough for FWC to conciliate adverse action claims

A recent decision of a Full Bench of the Fair Work Commission (FWC) has held that the FWC cannot determine jurisdictional issues, (other than out of time applications), in relation to general protections (adverse action) claims and that its proper role is to hold a conference when handling adverse action claims involving dismissal and issue a certificate of failed conciliation to provide the applicant access to the Courts if the matter cannot be settled. More…

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ILN Today Post

Revised model draft Code of Practice for construction work open for public comment

Safe Work Australia has released a revised draft model Code of Practice for Construction Work (draft Code) for public comment.  Public comment will close on Wednesday, 2 October 2013 at 5.00pm AEST.  The content of Codes of Practice is significant because compliance with the Code can operate as a defence under the Work Health and Safety Act and Regulations (WHS Laws), so you want to be sure that you are satisfied with the contents. More…

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ILN Today Post

New Government, new employment laws?

During the lead-up to its win in the 2013 federal election, the Coalition foreshadowed that while it intends to keep the current Fair Work laws, it will consider introducing a number of changes and initiatives which, if implemented, will impact on employment laws in Australia.

Whether these proposed changes and initiatives come to fruition will depend on the make-up of the new Senate where the Coalition will not have a majority and, at least until July 2014, the Greens hold the balance of power.  Despite this, employers should familiarise themselves with the proposed changes and initiatives, and consider where contingencies might be put in place to accommodate the proposed changes in their workforce planning should they occur. More…

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