New EU Regulation on Clinical Trials on Medicinal Products

On April 2, the European Parliament voted overwhelmingly to repeal the current EU Directive on clinical trials of medicinal products for human use and replace it with a new Regulation.  The primary goals of the new Regulation are to:

  1. Streamline the approval process for studies conducted across multiple Member states;
  2. Harmonize the regulation of clinical trials throughout the Member states; and
  3. Increase transparency of Clinical Trial results.
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Penalties Rise for ADA Noncompliance

By Andrea R. Calem

Noncompliance with the Americans with Disabilities Act just became costlier. Pursuant to an inflation-adjustment formula, on March 28, 2014 the Department of Justice (“DOJ”) issued a final rule raising the civil monetary penalties assessed or enforced by the Civil Rights Division, including those assessed under Title III of the ADA (“Title III”).

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Credit Union Regulatory Alert

Thank you for taking the time to read this Howard & Howard Credit Union Regulatory Alert. We aim to provide our credit union clients and friends with information to help you understand and interpret the ever-changing regulatory environment.

Be sure to review the links to our past Regulatory Alerts below the main article. And, of course, new readers can sign-up for our free e-Alerts here.  More…

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It has been almost five years since the Credit CARD Act was passed by Congress and more than four years since the compliance dates set by the Federal Reserve Board (many compliance professionals may still be haunted by the date February 22, 2010). While it would seem like credit card compliance issues are in the rearview mirror, now is the perfect time for credit unions to review their procedures to ensure they remain compliant.

And, a lot has happened in the past four years - most notably the passage of the Dodd-Frank Act and the subsequent creation of the Consumer Financial Protection Bureau (CFPB). Now that the CFPB has met its Dodd-Frank mandates, its attorneys are freed-up to review other areas of concern -  including credit cards. More…

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Our firm has joined the French Chamber of Commerce

The firm joined the French Chamber of Commerce in March 2014. With this move the firm has day-to-day connection already with three chambers of commerce – Dutch, Canadian and French – which duly reflects the firm’s commitment to international business partners. More…

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Royal Oak, Michigan, April 10, 2014: Howard & Howard Attorneys PLLC is pleased to announce that Leonard W. Sachs has been named the Office Managing Attorney of the Peoria, Illinois office. He will continue to maintain offices in Chicago and Peoria.

Mr. Sachs serves as head of the Labor and Employment Group at Howard & Howard Attorneys PLLC, a business law firm with offices in Michigan, Illinois and Nevada.

He graduated from Northwestern University in 1986, before matriculating to the University of Illinois College of Law, where for two years he served as Research Assistant to former Dean, Thomas M. Mengler. More…

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The Starting Point of Extinctive Prescription vs. Knowledge of a Defect Revealed in an Expert’s Report

The Superior Court confirms an important principle: the moment when knowledge of a defect revealed in an expert’s report is acquired does not necessarily constitute the starting point of extinctive prescription of an action based on latent defects.

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RSS closes a transaction in the information technology sector

On April 1, 2014, Canadian telecommunications giant TELUS acquired Groupe Enode Inc.., a Québec City company specialized in consulting and software for risk management and information technology security. Enode’s clients include private businesses as well as numerous departments and agencies of the Québec government. The acquisition forms part of TELUS’ strategy to help its clients protect themselves against the risk of computer piracy.

TELUS was represented by Jean-Marc Fortier, Sharon G. Druker, Geneviève Goulet and Nicholas Martin.

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Vincent Olivier Perreault stands out at the Pierre-Basile-Mignault Competition

Our fellow student Vincent Olivier Perreault has demonstrated his great talent at the 2014 provincial finals of the Pierre-Basile-Mignault Competition. Individually or as a team member, he was awarded several prizes:

• Best litigator (Robinson Cup)
• Best team: Université de Montréal (Bâtonnier du Québec Cup)
• 2nd best factum (SOQUIJ Cup)
• 2nd best pair (Éditions Yvon Blais Cup).

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De-Accumulation – The Next Stage

CAPSA released at the end of March Guideline No. 8: Defined Contribution Pension Plans Guideline.

The new Guideline is intended to supplement CAPSA Guideline No. 3 – Guidelines for Capital Accumulation Plans. There is considerable overlap. Guideline No. 8 on its face applies only to defined contribution plans, although administrators of all CAPS would be advised to adopt what is pertinent to their plans from the perspective of best practices. More…

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