Monthly Archives: January 2015

Nu kan regnskabs-materiale opbevares i udlandet

Problemerne har særligt været gældende for danske datterselskaber af udenlandske koncerner med centrale bogføringssystemer.

Pr. 1. marts 2015 lettes disse problemer med en ændring af bogføringsloven, så regnskabsmateriale nu også kan opbevares uden for Danmark.  Følgende betingelser skal dog være opfyldt:

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What to Do If You Are (or Don’t Want to Be) Hacked

In light of the many high profile cyber-attacks on businesses this past year, employers should assess their vulnerability relative to data breaches and take steps to protect themselves from hackers as well as more innocuous business practices that could result in data breaches. Businesses that handle protected health information are regulated under HIPAA to adopt administrative, technical, and physical safeguards to protect the confidentiality of this information. However, various state and federal laws place duties upon employers to protect non-HIPAA-covered sensitive information in a secure manner.  Considering the recent hacking attacks, as well as the Obama Administration’s focus on cyber-security issues businesses should understand their risk relative to cyber security and consider adopting these safeguards to reduce their vulnerability to a business acceptable level. As discussed below, businesses should protect their customers, employees, and themselves by: (1) conducting a risk assessment to identify their system’s vulnerabilities; (2) adopting and regularly auditing compliance with network security policies; and (3) utilizing physical safeguards to deny unauthorized users system access.

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ILN Today Post

The Perfect Pitch

I recently had the honor of moderating a panel, on behalf of the So-Cal Network of the InternationalWomen’s Insolvency & Restructuring Confederation (or “IWIRC”), entitled, “The Perfect Pitch.” Thepanel, which sought to provide “tips of the trade” in relation to developing and delivering aneffective and compelling prospective client pitch, was comprised of three distinguishedprofessionals in the restructuring community:

Mette H. Kurth
, Partner at Fox Rothschild LLP in Los Angeles (“The Lawyer”),
Teri Stratton
, Managing Director at Piper Jaffray in Los Angeles (“The Banker”),
Victoria L. Creason
, Senior Managing Director of VLC Associates, Ltd. in Chicago (“The Advisor”) More…
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ILN Today Post

Discrimination on the catwalk

This article is taken from the latest edition of Fladgate’s Fashion Update. Please email the marketing team on marketing@fladgate.com to be added to the mailing list for future updates.

Six years ago, the fashion industry got a wake-up call on race, amid complaints that many shows and magazines only featured white models. Various initiatives were proposed, and some were even pursued (famously, Italian Vogue published an issue with only black models), at the end of which there was, according to the New York Times, “a notable increase” in the hiring of black models. It seems, however, that any improvement that there might have been was only temporary.  More…

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ILN Today Post

Klinik- und Rehazentrum Lippoldsberg erneut ausgezeichnet

Das Klinik- und Rehabilitationszentrum Lippoldsberg ist zum zweiten Mal infolge vom AOK-Krankenhausnavigator für hervorragende Behandlungsqualität ausgezeichnet worden. Die Abteilung für Orthopädie erhielt erneut die Höchstbewertung für Operationen zur Einsetzung künstlicher Hüftgelenke. Im Rahmen des Krankenhausnavigators ermittelt die AOK regelmäßig Behandlungsergebnisse und Patientenzufriedenheit von Kliniken im ganzen Bundesgebiet. More…

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ILN Today Post

Supreme Court weighs in on ASADA and the Bombers: What is an arbitration?

In December 2014, the Australian Sports Anti-Doping Authority (ASADA), with the support of the Australian Football League (AFL), sought orders from the Supreme Court of Victoria under the Commercial Arbitration Act 2011 (Vic) (Act). These orders were for subpoenas to be issued requiring certain evidence (witnesses and documents) to be given at the AFL Anti-Doping Tribunal (Tribunal) hearing of ASADA’s prosecution of several players at the Essendon Football Club on allegations of doping through the use of the banned peptide Thymosin Beta-4. More…

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ILN Today Post

Investment Advisory – Annual Letter

To Our Investment Adviser Clients and Other Friends:

This is our annual letter briefly reviewing various issues that our investment adviser clients should consider over the next few weeks.

Federally Registered Investment Advisers

1. Annual Updating Amendment to Form ADV. If your firm is an SECregistered adviser, it must amend its Form ADV each year on the IARD within 90 days after the end of its fiscal year. For an adviser whose fiscal year ended December 31, 2014, the deadline is March 31, 2015. This annual amendment must update your firm’s responses to all items of Parts 1 and 2 of Form ADV. More…

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ILN Today Post

SSOs, SEPs and RAND licensing: patent law evolves to accommodate technology

By Joseph W. Barber

Joseph W. Barber concentrates his practice on intellectual property and has experience in patent matters involving mechanical, electrical and optical technologies. He can be reached at jwbarber@howardandhoward.com and (312) 456­3648.

In an attempt to make modern technology more accessible to consumers, doctrines in patent law are emerging that blend patent rights and basic contract law. These doctrines erode the traditional patent monopoly bestowed on inventors and innovators in exchange for their work in developing technology and then offering it to the public. The source of this erosion of the patent monopoly arises with international standard setting organizations (SSOs). More…

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As the ADA Turns 25, Website Accessibility Issues Pose Legitimate Risks for the Financial Services Industry

While 2014 was certainly a noteworthy year under Title III of the Americans with Disabilities Act (“Title III”), July 26, 2015, will mark the 25th anniversary of the ADA (“25th Anniversary”), an event that will almost certainly be celebrated with significant developments impacting the scope of Title III’s coverage. The U.S. Department of Justice (“DOJ”), charged with regulating Title III, is expected to advance and finalize regulations affecting a variety of industries, including, in some instances, financial services.  Additionally, it would be reasonable to expect advocacy groups and plaintiffs—buoyed by these looming developments and emboldened by the 25th Anniversary—to continue the path followed over the past year, aggressively pursuing an expansive interpretation of Title III in “cooperative” agreements and litigation.

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HHS Announces Goals for Moving Medicare from Volume to Value Payments.

By Arthur J. Fried.

In what is being called an historic announcement, Department of Health and Human Services Secretary Sylvia Mathews Burwell announced on Monday the setting of clear goals and timeframes for moving Medicare from volume to value payments.  The stated goals are to tie 30% of all Medicare provider payments to quality and cost of care by 2016, moving to 50% by 2018.   Nearly all fee-for-service payments will be aligned with quality and value – 85% by 2016 and 90% in 2018.  This transformation will be achieved by the expansion of mechanisms already in use – Accountable Care Organizations, Patient Centered Medical Homes, and Bundled Payments.  Like the Affordable Care Act itself, HHS believes that its initiative will unleash an even stronger movement in the private sector towards alternative payment methodologies, and is establishing the “Health Care Payment Learning & Action Network” to promote this public-private partnership, to be kicked-off in March.

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