Davis Malm shareholder Lawrence J. Casey has been selected as a mentor for the Smaller Business Association of New England (SBANE) Innovation Awards Program. Mr. Casey will work with four companies from various industries to review pitches and presentations, and advise on best practices throughout the three-phase selection process. Winners will be announced at the SBANE Innovation Awards Presentation and Gala Dinner on May 11, 2017.
New draft law introduces a variety of changes to the Federal law “On joint stock companies” implementing a system of inner compliance in a joint stock company
Text of draft law initiated by Russian Ministry for Economic Development of the Russian Federation (hereinafter – the “Draft law”) was posted on January 25, 2017 on the federal Internet portal for the draft laws (http://regulation.gov.ru).
According to the publicly available information1 Draft law has undergone the stage of public discussions. The Draft law is expected to be soon introduced to the State Duma review.
Two stories on the new episode of Employment Law This Week will be of particular interest to our readers in the health care industry:
California Health Care Workers Can Waive Breaks
California health care workers can still waive some breaks. In February 2015, a California appeals court invalidated an order from the Industrial Welfare Commission (IWC) that allowed health care workers to waive certain meal breaks. The court found the order, which allowed the workers to miss one of their two meal periods when working over eight hours, was in direct conflict with the California Labor Code.
Featured on Employment Law This Week – California health care workers can still waive some breaks.
In February 2015, a California appeals court invalidated an order from the Industrial Welfare Commission (IWC) that allowed health care workers to waive certain meal breaks. The court found the order, which allowed the workers to miss one of their two meal periods when working over eight hours, was in direct conflict with the California Labor Code. The state legislature then passed a new law giving the IWC authority to craft exceptions going forward for health care workers. This month, the appeals court concluded that its 2015 decision was based on a misreading of the statute and that even waivers occurring before the new law are valid.
The purpose of the judicial procedure related to the annulment and replacement of shares contemplated in the Panamanian legislation is to request, before the corresponding authorities, the annulment and replacement of shares (registered or to the bearer) due to loss, destruction or theft, in which the owner must prove or justify his property right as well as the reason for making such request.
Article 961 of the Panamanian Commercial Code stipulates the following:
“Article 961. Letters of exchange, shares, stocks, and obligations and other commercial titles may be annulled in court upon the request of the owner thereof proving his rights and the facts motivating such a request”.
- State excise taxes: 21.3 cents
- Other state taxes: 10.01 cents
- Federal excise taxes: 18.40 cents
- State excise taxes: 16.00 cents
- Other state taxes: 0.75 cents
- Federal excise taxes: 18.40 cents
On Monday, March 6, House Republicans released the American Health Care Act, their long-awaited plan to repeal and replace the Affordable Care Act (ACA), more commonly known as “Obamacare.” While the goal for Republicans over the last eight years has been to repeal the ACA in its entirety, for the most part the new bill leaves much of the existing legislation in place.
The reason why stems from the rules for the process in which Republicans seek to pass the American Health Care Act: budget reconciliation. The advantage of passing the ACA repeal and replace legislation as a reconciliation bill is that only a simple Senate majority is required for passage (some may recall that parts of the ACA were enacted using the same mechanism).