On March 23, 2012, another requirement under the Patient Protection and Affordable Care Act (the “Act”) will be effective-the requirement to provide group health plan participants and beneficiaries with a summary of benefits coverage that accurately describes the benefits and coverage available under the plan and a uniform glossary of terms (“SBC”). These requirements were incorporated under the Internal Revenue Code and ERISA (in addition to existing summary plan description requirements). Under currently proposed regulations, health insurance issuers will also be required to provide this type of information to group health plan sponsors at the time of application or request for information regarding coverage within seven days of the request (including an obligation to update such information should it change); this information must also be provided upon renewal (30 days in advance of a new policy year in a case of an automatic renewal).
Monthly Archives: September 2011
The Federal Trade Commission (FTC) is seeking public comments on proposed amendments to the Children’s Online Privacy Protection Rule (the Rule), which gives parents control over what personal information websites may collect from children under 13 years of age.
Specifically, the Rule imposes certain requirements on operators of websites or online services directed to children under 13 years of age and operators of websites or online services that have actual knowledge that they are collecting personal information online from children under 13 years of age (collectively, operators). Among other items, the Rule requires that operators provide notice to parents and obtain their verifiable consent prior to collecting, using, or disclosing personal information from children under 13 years of age.
|NCCP ACT amendments – hardship, leases, reverse mortgages, and small amount lending
By Jon Denovan of Gadens Lawyers, Sydney
Amendments to the National Consumer Credit Protection Act 2009 are likely arising from the Consumer Credit and Corporations Legislation Amendment (Enhancements) Bill 2011(Cth) presented to the Commonwealth Parliament on 21 September 2011. The key changes are summarised below. The changes are intended to commence on 1 July 2012.
What it means
On Friday afternoon, September 2, 2011 of Labor Day weekend, President Obama made a surprising announcement. His administration decided to abandon the proposed tightened Ozone Standard by which we measure the country’s air quality, thereby suggesting that the haze in those lazy, hazy, crazy days of summer would be with us at current levels for two more years. Environmental groups saw the President’s decision as a betrayal and capitulation to congressional and business pressures. Business and manufacturing groups saw the decision as the only logical choice in a job-strapped economy.
What is the Ozone Standard?
Estate tax return deadlines deferred
After months of uncertainty as to Estate Tax filings for decedent’s who died before December 17, 2010, the day the President signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (TRUIRJCA-covered in prior alerts and referred to “the Act”), the IRS announced on September 13, 2011 that the normal six month extension of time to file Form 706-US Estate Tax Return will be available with an extension of time to pay the estate tax that would be due. The due date for the Form 706 for those decedents had been set by the Act as September 19, 2011, nine months after enactment and later than the normal due date for all decedent’s who died before December 17, 2010. Normally, the estimated estate tax must be paid with the request for the extension of time to file.
Recently adopted changes to the notification requirements under the Hart-Scott-Rodino Anti-trust Improvements Act of 1976 (“HSR”) will likely substantially increase the quantity of information and documentation which must be submitted to the federal government in connection with certain merger and acquisition transactions. These changes will require M&A transaction parties to plan carefully for possible HSR filings during the initial stages of the transaction process in order to avoid possible delays while awaiting clearance of the transaction from the federal government.
Overview of HSR
HSR requires parties considering a merger or acquisition of a certain size to prepare and file a notification regarding the transaction to the Federal Trade Commission (“FTC”) and the Antitrust Division of the Department of Justice (“DOJ”). Any transaction that involves:
Once a settlement has been reached in an FLSA collective action, the defendant-employer typically wants that settlement to go into effect and end the case as soon as possible, so that the company can get past the myriad of distractions brought by the suit. However, as litigants increasingly are finding, the parties’ agreement to settle an FLSA collective action is nowhere near the end of the road, or the end of the case. There is a “judicial prohibition” against the unsupervised waiver or settlement of claims brought under the FLSA. Settlements must be “supervised” by the Department of Labor or a court, and gone are the days where the court would rubberstamp the parties’ FLSA collective action settlement agreement. Instead, courts nowadays are scrutinizing the settlement to ensure the “fairness” of the agreement.
On August 4, 2011, we reported on the case of Dionne v. Floormasters Enters, a case from the Eleventh Circuit Court of Appeals that effectively allowed an employer to avoid paying attorneys’ fees in an FLSA lawsuit and also allowed the dismissal of an FLSA lawsuit prior to class certification where an offer of judgment made by the employer made the plaintiff-employee “whole.” However, since then, several other circuits, namely the Third and Ninth Circuit Courts of Appeal, have published contrary decisions holding that an offer of judgment made by an employer to a plaintiff-employee in an FLSA case will not moot the case where the court has not yet ruled on class certification.
Barry Camson is an organization development consultant and trainer who works with organizations to help them be more collaborative and effective. He is a former practicing attorney in Boston. He can be reached at firstname.lastname@example.org.
In the first post, we discussed how the characteristics that may make an attorney an effective advocate for his or her clients can often lead to a less successful law firm environment. Today, we will focus on how the ILN handles things differently in their Network.
Tampa Partner Robin Trupp, serving as lead counsel on the case, recently secured a major veterinary malpractice victory for his client, the owner of a prize-winning show horse, against a well-known veterinarian on the horse show circuit.
A Fifteenth Judicial Circuit Court of Florida, Palm Beach County jury found Dr. Haynes Stevens and his company, Equine Services, Ltd., liable for professional negligence (malpractice) for his treatment of Grandeur, a prizewinning horse owned by Arnstein & Lehr’s client, Dawn Fogel. The horse died following a medical misdiagnosis and subsequent negligent treatment by Dr. Stevens. Dr. Stevens practices in Florida, Kentucky and Illinois and is popular on the horse show circuit.