Regions

Three Lewis Rice Attorneys Named 2019 “Lawyer of the Year” by Best Lawyers in America®

Best Lawyers in America® has named Lewis Rice members Craig S. Biesterfeld, Joseph E. Martineau, and Charles F. Miller among its “Lawyers of the Year” for 2019. Best Lawyers compiles lists of outstanding attorneys by conducting exhaustive peer-review surveys in which thousands of leading lawyers confidentially evaluate their professional peers. Only one attorney in each practice area and designated metropolitan area may receive the honor of “Lawyer of the Year.”

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Sixth Circuit Rejects Argument That FLSA Bars Individual Arbitration Agreements

Three months ago, the United States Supreme Court issued its decision in Epic Systems Corp. v. Lewis, holding that the National Labor Relations Act (“NLRA”) does not prevent the use of arbitration agreements with class and collective action waivers covered by the Federal Arbitration Act (“FAA”). (See our discussion of Epic here.) The Court of Appeals for the Sixth Circuit has now similarly concluded in Gaffers v. Kelly Services, Inc.that the Fair Labor Standards Act (“FLSA”) does not bar such arbitration arrangements. While this is not a surprising outcome in light of the Supreme Court’s ruling, the decision underscores the influence that Epic has had and will continue to have as courts evaluate efforts to evade promises to arbitrate.

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New ASIC industry funding legislation: regulated entities now required to pay annual levy to ASIC

The Federal Government’s new industry funding laws have changed the way the Australian Securities & Investments Commission (ASIC) is funded, with compliance costs being passed on to organisations regulated by ASIC. Regulated entities are now required to pay an annual levy to fund ASIC’s regulatory activities, with industry subsectors that create a greater need for ASIC regulation paying a higher levy.

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Andrés José Hernández Lossada Listed in Legal Week’s Private Client Global Elite

Andrés José Hernández Lossada was selected in Legal Week’s Private Client Global Elite: ‘Ones to Watch’ 2018.

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56 Lewis Rice Attorneys Named in The Best Lawyers in America®

Lewis Rice is pleased to announce that 56 attorneys have been named to the 2019 Best Lawyers in America® annual list. We would also like to recognize Charles F. Miller, Craig S. Biesterfeld, and Joseph E. Martineau for being honored as Best Lawyers’ “Lawyers of the Year” for 2019. Click here to read more about the “Lawyers of the Year.”

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WITHHOLDING TAX IMPLICATIONS ON PAYMENT OF TECHNICAL SERVICES FEE

One of the most common questions in an international transaction is the tax liability of the non-resident on the income proposed to be generated in India on provision of managerial, technical or consultancy services in India. In this article, we will be addressing the issue faced vis-à-vis a withholding tax implication on payments made to foreign collaborators for provision of technical services.

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Tackling the Crippling Cost of Insurance

In Brief: Significant recommendations and 29 associated actions to stabilise employer and public liability insurance costs have been published by The Cost of Insurance Working Group (CIWG). Key proposals include:- Encouraging transparency through the establishment of an insurance price index; Limiting personal injuries awards; and Formulating guidelines on suspected fraudulent claims.

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Antitrust Safety Zone for Mergers Involving Small Hospitals

Statement 1 of the Statements of Antitrust Enforcement Policy in Health Care recognizes that small hospitals, particularly those in rural areas, may be unable to achieve cost savings through efficiencies, such as those that could be achieved by larger hospitals. Statement 1 also notes that, in many cases, a small rural hospital may be the only hospital in the relevant geographic market. As a result, Statement 1 provides an antitrust safety zone for mergers involving small hospitals; the antitrust enforcement agencies will not challenge transactions involving these small hospitals, “absent extraordinary circumstances.”

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Minnesota: High court strikes down tax on trust income from the sale of shares in Minnesota corporation

The Supreme Court of Minnesota recently struck down the State Tax Commissioner’s attempt to impose an income tax on trust income from the sale of shares in a Minnesota corporation.  The Court issued its opinion in Fielding v. Commissioner of Revenue on July 18, 2018, finding that the tax violates constitutional due Process protections against extraterritorial taxation.

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Creation of Courts of Cassation and Appellate Courts

On 30 July 2018, the Federal Constitutional Law № 1 FKZ “On amending the Federal Constitutional law «On the Judicial System of the Russian Federation» and certain Federal Constitutional Laws in regard to creating general jurisdiction courts of cassation and general jurisdiction appellate courts” dated 29 July 2018 was published. In respect thereof, the system of judicial review is changing. According to the new law, the judicial system will be as follows:

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