News

Shares With Differential Voting Rights in India – Amendments to The Regulatory Framework

In recent past, there has been a lot of debate around a proper regulatory framework being put in place to enable Indian companies issue shares with differential voting rights (“DVR(s)”) which would enable the promoters to continue retaining control over their companies. Pursuant to this ongoing debate, the Securities Exchange Board of India (“SEBI”) on March 20, 2019 issued a Consultation Paper on “Issuance of shares with Differential Voting Rights” for devising a structure for regulation of shares with DVR(s) under two broad heads, namely, issuance of shares by companies whose equity shares are already listed on stock exchanges; and companies with equity shares which have not been listed as on date but are proposed to be offered to public. Upon receipt of comments of the Primary Market Advisory Committee of SEBI and market participants including issuers and investors on the Consultation Paper, SEBI at its board meeting on June 27, 2019 approved a framework for issuance of shares with DVR vide a press release no. 16/2019.

Read more

Read full article

Congratulations to Our Eleven Attorneys Named to Mountain States Super Lawyers and Rising Stars 2019

Howard & Howard is pleased to announce that eleven of our attorneys have been named to Mountain States Super Lawyers® and Mountain States Rising Stars 2019. Super Lawyers, a Thomson Reuters business, is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement. The annual selections are made using a patented multiphase process that includes statewide surveys of lawyers, an independent research evaluation of candidates and peer reviews by practice area. The result is a credible, comprehensive and diverse listing of exceptional attorneys. Mountain States Super Lawyers covers the states of Nevada, Utah, Montana, Idaho, and Wyoming. Only five percent of the attorneys in each state were named to the Super Lawyers list and two and one half percent to Rising Stars.

Read more

Read full article

Sweeping NJ “Wage Theft” Law Exponentially Expands Exposure for Wage Claims

As the result of a sweeping “Wage Theft” law (“Law”), which became effective upon enactment on August 6, 2019,  New Jersey employers will face toughened penalties and increased exposure for failure to pay wages, benefits and overtime (collectively “wages”) owed to workers. Employers should take immediate notice because any missteps or mistakes may prove extremely costly. In sum, the Law:

Read more

Read full article

May The Workforce Be With You! – But With What Contract?

A common solution to the chronic workforce shortage seen in the entire region nowadays is that one company provides labour to another. However, one should be careful with these agreements: depending on the circumstances, the tax authority (NAV) may reclassify these contracts, which could result in major tax expenses.

Read more

Read full article

Nisha Patel joins McDonald Hopkins as counsel in the Chicago office

Nisha Patel has joined McDonald Hopkins as counsel in the Business Department’s Commercial Finance Group in the firm’s Chicago office.

Read more

Read full article

Best Lawyers: 27 RSS lawyers now listed

RSS is proud to announce that 27 of its lawyers — nearly a third of the team — are included in the 2020 Canadian edition of the Best Lawyers directory, a major international peer-review-based guide to legal professionals.

Read more

Read full article

Ongoing Surprises with Congressional Efforts to Develop Surprise Bill Legislation

Federal lawmakers are debating legislation to address surprise medical bills that, if passed in its current form, would significantly impact how hospitals, physicians and insurers negotiate payment for the provision of certain out-of-network services. A bipartisan coalition led by Senator Lamar Alexander (R-Tennessee), Chairman of the Senate Health, Education, Labor and Pension Committee, and Senator Patty Murray (D-Washington) aims to present to the President for signature a bill to curb surprise billing practices by the end of the year.

Read more

Read full article

GDPR Partner Addresses International Technology Summit

Michael Murphy, Partner, Holmes O’Malley Sexton, spoke on the General Data Protection Regulation (GDPR) at the Irish chapter of the World Legal Summit. Held at the Gaffney Room in the Distillery Building, Dublin on 1st August 2019, the Summit, organised by Brendan Guildea BL and Dr. David Cowan, was designed to bring disparate jurisdictions together in collaboration around building a better understanding of the evolving global technology regulation and governance. The categories addressed at the summit were:-

Read more

Read full article

Non-Compete Laws: Illinois

Peter A. Steinmeyer and David J. Clark, Members of the Firm in the Employment, Labor & Workforce Management practice, in the firm’s Chicago and New York offices, respectively, authored a Thomson Reuters Practical Law Q&A guide, “Non-Compete Laws: Illinois.”

Read more

Read full article

CMS final rule overturns arbitration ban in long-term care resident agreements

The Centers for Medicare & Medicaid Services has issued a final rule amending the requirements that long-term care facilities must meet to participate in Medicare and Medicaid programs. The Trump administration’s final rule overturns an Obama-era ban that prevented facilities from entering into pre-dispute, binding agreements for binding arbitration with any resident or resident’s representative.

Read more

Read full article