ILN Today Post

KEEPING UP WITH TECHNOLOGY – UNDERSTANDING THE THREATS, EXPOSURE AND MITIGATION OPTIONS RELATED TO CYBERATTACKS

Energy Executive

With cyber-attacks and cyber-threats becoming increasingly common, Beirne, Maynard & Parsons partner Terry Womac and associate Brandan Montminy discuss how management can protect their organization through awareness of and preparation for possible cyber-security breaches. To read the entire article, please access the below pdf. More…

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McDonald Hopkins Government Strategies Advisory: This Week in Washington — July 17, 2015

As the clock ticks on the Highway Trust Fund, lawmakers are scrambling to find a way forward— at least a temporary one.

This week, House Republicans passed a short-term extension of highway authority until Dec. 18. The stopgap would allow House Ways and Means Committee Chairman Paul Ryan to craft a long-term international tax bill that, in theory, would also pay for a long-term highway bill.

The short-term extension in the House costs about $8 billion, and Ryan paid for it with a series of tax tweak, which even some in his party are calling “gimmicks,” including changes to mortgage-reporting requirements, estate inheritance reporting, and tax-return due dates.

While the House passed a short term extension, Senate Republicans are still pushing for a long-term solution. Senate GOPers are considering a long-term fix that would be funded through a variety of revenue raisers that Senate Majority Leader Mitch McConnell (R-KY) laid out to his caucus this week.

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Veronica Franco talks AirBnB

Veronica Franco was featured on the front page of today’s Vancouver Sun talking about strata councils and their aim to deal with short-term rental services like AirBnB.

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The Department Of Labor Addresses Independent Contractor Misclassification And Concludes That “Most Workers Are Employees”

The Administrator of the Wage Hour Division of U.S. Department of Labor has issued an Administrator’s Interpretation of the FLSA’s definition of “employ.” And the conclusion is one that not only could have a significant impact on the way companies do business, but lead to numerous class and collective actions alleging that workers have been misclassified as independent contractors.

Addressing the misclassification of employees as independent contractors, the Administrator’s Interpretation notes that the FLSA’s defines the term “employ” as “to suffer or permit to work.” Based on that definition, the DOL concludes that “most workers are employees.”

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Welcome new counsel Geoff White

Clark Wilson would like to welcome Geoff White as counsel with our Wealth Preservation Group. Geoff is a senior estate, tax and charity lawyer. We are pleased to have him join our team.

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ILN Today Post

H&M elects new Managing Partner

LISA M. ADLER was recently elected Harrison & Moberly’s new Managing Partner.  Long-time Managing Partner,STEPHEN E. ARTHUR, is transitioning the firm’s management to Ms. Adler, effective July 1, 2015.  Ms. Adler has been involved with the management of the 65 year old firm for several years and will continue the firm’s vision of a progressive and innovative law firm, with a focus on exceeding client expectations.  Ms. Adler practices in the areas of estates, trusts, and probate litigation.

Harrison & Moberly is one of Indianapolis’s oldest firms, founded in 1950.  It is a general practice firm, with attorneys practicing in the areas of civil litigation, real estate, business services, insurance, construction, bankruptcy & debtor-creditor relations, estate planning and wealth transfer, and taxation. More…

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ILN Today Post

Neschen AG: Insolvenzverfahren eröffnet und neuen Tarifvertrag abgeschlossen

Das Amtsgericht Bückeburg hat heute beschlossen, das Insolvenzverfahren der Neschen AG zu eröffnen und bestätigte die Eigenverwaltung des Unternehmens sowie Arndt Geiwitz als Sachwalter. „Durch das Insolvenzverfahren wird sich das Unternehmen von der Schuldenlast der Vergangenheit befreien können“, erklärte Dr. Bettina Breitenbücher, Restrukturierungsvorstand der Neschen AG. More…

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Rainmaking Recommendation from Jaimie Field: Put the Phone Away

In today’s post, rainmaking expert and trainer, Jaimie Field talks about something that I suspect we’re all guilty of (I know I am!). And before we start to make excuses, let’s remember that the thing she’s talking about is actually interfering with our ability to form and nurture relationships…which in a business context, interferes with our ability to develop business!

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A few weeks ago, I was meeting with a few members of an executive committee of a law firm about doing Rainmaking Training for their partners and associates.  During the meeting, two of the lawyers were busy looking at their phones.  Whether they were reading emails, on social media or surfing the internet, I am not sure, but the one thing I did know is that I felt slighted.
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Is Fifield’s holding holding?

A couple years ago, the Illinois First District Appellate Court decided the case of Fifield v. Premier Dealer Services, 2013 IL App. 120327.  There, the Court held that, absent other consideration, two years of employment are required to constitute adequate consideration for a restrictive covenant, regardless of whether the covenant was signed at the outset of employment or after, and regardless of whether the employee quit or was fired.  Since then, some Judges in the United States District Court for the Northern District of Illinois have applied Fifield, and others have declined to do so.

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Selveri II kvartali tulemused

Tallinna Kaubamaja Grupi Selverite segmendi II kvartali tulemused näitasid 53%list kasumikasvu (2MEUR). Ehkki suhtes käibega (96MEUR) on marginaalsuse kasvuks ruumi on selline kasumikasv märkimisväärne. Raul Puusepa kommentaarid olid börsifirmale kohaselt üldsõnalised ent julgeksin teha pisikese spekulatsiooni – vaadates maailma trende võib Selver olla õigel teel just nn. kodupoodidega. Inglismaa Tesco vs. Marks&Spencer võrdlus näitab samuti, et sortimendiga liialdavad hüpermarketid ei ole enam tarbija lemmikud vaid esmatarbekaupu ostetakse meelsasti kodulähedasest poest, makstes isegi kõrgemat hinda. See annab kaupmehele parema marginali.

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