Monthly Archives: May 2015

ILN Today Post

VOLVO alustab automüügi revolutsiooniga?

Oma 19. märtsi 2015 postituses “Kaubanduskeskused = dinosaurused?” kirjutasin, et e-äri moodustumine 7% USA jaemüügist ei ole väike number kuivõrd tarbijatel ei ole võimalik kõiki asju jätkuvalt online`is osta – sh autosid.

Minu poolt kirjutatu vastuseks on Volvo avaldanud, et järmisest aastast on kogu nende tootevalikut võimalik osta online`is. Kuna Volvo on seisukohal, et “digitaalne” müük on tulevik, siis edaspidi loobutakse praktiliselt kõikidest sponsorlusprojektidest ja osaletakse vähem erinevatel auto show‘del. Pigem on otsustatud suunata kõik võimalikud ressursid online müüki ja oma uuele kaasajastatud imidžile, avades uue interneti lehekülje, kus on klientidel võimalik valida ning kokku panna oma vajadustele vastava auto, mis on eelseadistatud Volvo peadisaineri poolt.

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ILN Today Post

Retail Investors To Be Eligible For Proposed Prospectus Exemption

Do you have comments on Multilateral CSA Notice 45-315 Proposed Prospectus Exemption for Certain Distributions through an Investment Dealer? If so, comments on the questions listed below are due by June 15, 2015!

On April 16, 2015, the securities regulatory authorities in British Columbia, New Brunswick and Saskatchewan published for comment a proposed prospectus exemption that would, subject to certain conditions,

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ILN Today Post

Canadian Regulators Adopt New Crowdfunding Exemptions for Startups and Early Stage Businesses

By Conrad Nest

With the popularity of crowdfunding sites like Kickstarter, Indiegogo and Rockethub in recent years, crowdfunding has become an increasingly attractive way for startups and smaller private companies to raise capital. Generally, crowdfunding is broken down into two main models. The first is known as donation or reward based funding (such as Kickstarter) where a large number of individuals contribute small sums of money to finance a specific project in exchange for a reward or some other recognition by the issuer.

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ILN Today Post

U.S. Supreme Court Has Been Busy on the Employment Front

Megan Toth

Arnstein & Lehr Attorney Megan Toth

In the last two months, the U.S. Supreme Court has decided three different cases, all of which have significant implications for employers as discussed below.

1. Young v. UPS: Broad Pregnancy Accommodations at the Federal Level

Although many states’ laws already require broad accommodation policies for pregnancy related disabilities, the recent Supreme Court decision in Young v. UPS, indicates federal law favors and may require the same. In Young v. UPS, UPS denied a pregnant employee’s request for light duty assignment because she was “equivalent to an employee injured off the job,” and thus, did not qualify for light duty assignment under UPS’ accommodation policy. The employee, therefore, filed claims against UPS for violation of the Pregnancy Discrimination Act and for sex discrimination under Title VII. The District Court of Maryland found that UPS’ policy was not discriminatory and granted UPS’ Motion for Summary Judgment – because no similarly situated comparator was treated more favorably, and the employee could not show UPS’ non-discriminatory reason was pretext. The Fourth Circuit affirmed, and the employee appealed to the Supreme Court.

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ILN Today Post

HOWARD & HOWARD EXPANDS INTELLECTUAL PROPERTY PRACTICE

Tejani-PhotoNewRoyal Oak, Michigan, May 28, 2015: Howard & Howard Attorneys PLLC is pleased to announce that Jason P. Tejani has joined the firm. He will practice out of the firm’s Royal Oak Office.

Mr. Tejani concentrates his practice in intellectual property law with a focus on preparing and prosecuting U.S. and foreign patent applications in the chemical arts. In addition, he counsels clients regarding validity, non-infringement, and freedom-to-operate. Mr. Tejani has legal and technical experience with a diverse array of material technologies, including polyurethanes, silicones, elastomers, and thermoplastics. He also has legal and technical experience in various biotechnologies, including pharmaceutical design, molecular genetics, and cellular biology.   More…

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ILN Today Post

McDonald Hopkins Government Strategies Advisory: The Road to Cleveland — May 29, 2015

ditor’s Note: With both chambers of Congress in recess, in lieu of “This Week in Washington” we are happy to present the first of a monthly series providing updates on the Republican presidential nominating process. We are thrilled that Cleveland was chosen as the host city for the Republican National Convention next year and we hope that you find this “Road to Cleveland” update to be informative!

The debates

First GOP debate to be held in Cleveland

Cleveland, the site of the 2016 Republican National Convention, will also play host to the first Republican presidential debate of the primary season. On August 6, FOX News will hold the first debate of what promises to be a fascinating primary process at the Quicken Loans Arena.[more]

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ILN Today Post

Congratulations to Pat Williams and BCICAC

Congratulations to Pat Williams and the rest of the British Columbia International Commercial Arbitration Centre (BCICAC) team on being named in Canadian Lawyer’s Top 10 Arbitration Chambers. BCICAC is a non-profit organization committed to providing “competent, consistent and fiscally responsible alternative dispute resolution services,” explains Pat. Kudos to BCICAC!

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Complimentary June 25th Webinar: Hi-Tech Compliance in the Digital Age

Epstein Becker Green will host a complimentary webinar, “Hi-Tech Compliance in the Digital Age” on June 25th from 1:00 p.m. – 2:30 p.m. (EDT) presented by Epstein Becker Green attorneys Michelle Capezza, Nathaniel M. Glasser, Adam C. Solander, and Joshua A. Stein.

Below is a description of the webinar:

All employers face unique challenges in having to comply with both overarching and targeted labor and employment, employee benefits, and civil rights laws and regulations that greatly impact their workplace and business model.  As employers — including those operating in the technology, media, and telecommunications industry — you need to understand the rapidly evolving developments in federal and state laws and regulations and determine whether they require you to take actions today to minimize your company’s legal exposure.

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ILN Today Post

Government Rule Out No Fault Dismissals

The Government has announced that, despite rumours to the contrary, it is not intending to reconsider the recommendation of the Beechcroft report on employment law, as was published in 2012, that employers should be able to dismiss employees without cause, on a “no fault” basis.

The report suggested that small firms be able to dismiss people without any reason, in return for some settlement or compensation agreement. This proposal was not advanced when the report was initially published, but following the Conservative party being elected as a majority government in this month’s general election, stories began to circulate that the idea was under fresh consideration.

However, this has now been dismissed by new Business Secretary Sajid Javid.

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New CGT rules for non residents: what to do now

This is the first UK tax year in which non UK residents will be subject to Non Resident UK Capital Gains Tax (NRCGT) when disposing of their UK residential property to anyone other than their spouse/civil partner or to charity.  Non resident trustees and personal representatives pay NRCGT at 28% on taxable gains and individuals pay 18% or 28%, depending on their taxable UK income and other UK gains in the tax year in which the gain arises.  If non resident companies are not subject to Annual Tax on Enveloped Dwellings – CGT (ATED-CGT), which always takes precedence, they pay NRCGT at 20% instead.  Only closely held companies are affected by NRCGT.
Also, only gains accruing since 6 April 2015 are taxable.  There are options as to how the gain can be calculated.  The default method is just to calculate the actual taxable gain accruing since 6 April 2015 and pay NRCGT on that.  Alternatively, a straight-line time apportionment can be used.  For example, if a property was bought in June 2010 and sold in June 2025, the total number of months of ownership is 180, of which 122 come after 6 April 2015.  The NRCGT is calculated by multiplying the taxable gain over the entire period of ownership by 122/180, or 67.77%.  Either way, for a residential property bought before 6 April 2015, you must know what the property was worth as at 6 April 2015 to work out which calculation basis is most favourable to you. 
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