Monthly Archives: June 2018

Financial Services in Focus – Issue 5

Funds and financial products

ASIC releases guidance for its oversight of the Australian Financial Complaints Authority

Read more

Read full article

Revised first tranche of legislation regarding Corporate Collective Investment Vehicles

The Government released the first tranche of the Corporate Collective Investment Vehicle (CCIV) Bill for public consultation. The CCIV complements the Asia Region Funds Passport initiative, which the Government introduced into Parliament earlier this year. In this update, we consider the exposure draft legislation.

Read more

Read full article

“I get knocked down, but I [might] get up again”: The Survival of the ACA

Since the inauguration of President Trump, the Affordable Care Act (ACA) has taken quite a few significant jabs and blows. When Congress failed to repeal the ACA, Congress instead eliminated the individual mandate penalty through the GOP tax bill. The individual mandate penalty was one of the main pillars of the ACA because it effectively widened the pool of participants who buy health insurance in order to keep costs down. While removal of this penalty hit the ACA where it hurt, the true threat to the stability of the ACA arose when the Trump Administration announced that it would no longer defend the ACA against a challenge filed by twenty states that believe the individual mandate itself is unconstitutional and that key parts of the act are invalid. What is the outlook for the ACA?

Read more

Read full article

Cheers to 80 Years: Celebrating the Anniversary of the Federal Food, Drug, and Cosmetic Act

Eighty years ago today, President Roosevelt signed the Federal Food, Drug, and Cosmetic Act (“FD&C Act”).  In recognition of this anniversary, EBG reviews how the FD&C Act came to be, how it has evolved, and how the Food and Drug Administration (“FDA”) is enforcing its authority under the FD&C Act to address the demands of rapidly evolving technology.

Read more

Read full article
ILN Today Post

ATTORNEY LISA GRETCHKO NAMED TO TWO-YEAR TERM AS VICE PRESIDENT-PUBLICATIONS OF THE AMERICAN BANKRUPTCY INSTITUTE

Royal Oak, Michigan, June 21, 2018:  Howard & Howard Attorneys PLLC is pleased to announce that Lisa Gretchko was recently named to a two-year term as Vice President-Publications of the American Bankruptcy Institute (“ABI”).  With headquarters in Alexandria, Virginia, the ABI is the country’s premier bankruptcy organization with more than 12,000 members from various professions including lawyers, judges, financial advisors, lenders, auctioneers, turnaround specialists, and claims agents.  Since 2014, Lisa has been an Executive Editor of the ABI Journal, the organization’s monthly publication of scholarly articles on a wide range of bankruptcy-related topics. She has been an ABI member since 1992 and was co-chair of its Unsecured Trade Creditors Committee in 2013-2015; Lisa was honored as the ABI’s 2014 “Committee Person of the Year” for that service.

Read more

Read full article

New amendments to the financial transactions legislation

On 1 June 2018 the Federal Law No. 212-FZ1 (“Law 212-FZ”) entered into force. Law 212-FZ changes the regulation of obligations and certain types of contracts. Below we review changes regarding cession, loan agreement, escrow account and letter of credit.

Read more

Read full article

HHS and CMS “Sprinting” to Reform the Stark Law to Advance Coordinated Care

On June 20, 2018, the Centers for Medicare and Medicaid Services (“CMS”) published an advance copy of a request for information seeking public input on reforms to the Physician Self-Referral Law (or “Stark Law”).

Read more

Read full article

Rainmaking Recommendation from Jaimie Field: Focus on Rainmaking Every Day, But…..

In today’s Rainmaking Recommendation post from expert and trainer, Jaimie Field, she addresses a question you likely know the answer to – are all rainmaking activities created equal? And if not, should you be devoting your time to lower value activities, and considering “rainmaking” checked off your to-do list? Read on…

Read more

Read full article

Eight State Attorneys General Urge Eighth Circuit Not To Expand Scope of Title VII

State attorneys general from Louisiana, Missouri, Oklahoma, Texas, Michigan, Nebraska, and South Dakota have joined Arkansas (collectively the “States”) in an amicus brief to the Eighth Circuit, urging the court not to join the Seventh Circuit and Second Circuit in interpreting Title VII of the Civil Rights Act of 1964 (“Title VII”) to prohibit sexual orientation discrimination.

Read more

Read full article

Continued Enforcement of New York’s Ban the Box Law

Yesterday, the New York Attorney General (“NYAG”) announced a settlement with national retailer Aldo Group Inc. (“Aldo”) for violation of New York City’s ban the box law, which, among other things, prohibits employers from inquiring into a prospective employee’s criminal history on an initial employment application. The NYAG’s investigation revealed that (i) Aldo’s employment applications impermissibly inquired into the applicant’s criminal history and (ii) Aldo lacked consistent policies and procedures for evaluating the criminal records of applicants and employees, leading store-level managerial employees to believe they had wide latitude in how they could consider the criminal records of applicants and that they could bar applicants with a felony conviction from employment.

Read more

Read full article