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Features

COBRA Subsidy Extended; Further Extensions Likely Image

COBRA Subsidy Extended; Further Extensions Likely

Stuart Sirkin

In the midst of the ongoing health care reform debate, Congress was able to unanimously agree on retroactively extending the Federal 65% COBRA health care premium subsidy for workers involuntarily separated.

Features

Money Laundering: A Changing Paradigm Image

Money Laundering: A Changing Paradigm

Michael Zeldin & Miriam Ratkovicova

Over the past several months there has been a slew of public pronouncements that should put financial institutions on edge. Enhanced enforcement of the Foreign Corrupt Practices Act (FCPA) is now migrating into the financial sector and linking up with anti-money laundering (AML) and Office of Foreign Assets Control (OFAC) compliance requirements.

Features

<b><i>BREAKING NEWS:</i></b> Gay Marriage Falls in New Jersey Senate Image

<b><i>BREAKING NEWS:</i></b> Gay Marriage Falls in New Jersey Senate

ALM Staff & Law Journal Newsletters

The New Jersey state senate has voted down the gay marriage bill 20-14, according to the Associated Press and <i>The Huffington Post</i>.

Features

Interpreting FTC's New Endorsement Guidelines Image

Interpreting FTC's New Endorsement Guidelines

Alan L. Friel

This series examines changes to the Federal Trade Commission guidelines for product endorsements and testimonials. The revised new guidelines took effect Dec. 1, 2009.

Features

FTC Guidelines Fallout Image

FTC Guidelines Fallout

Jonathan Bick

The regulations that the Federal Trade Commission recently promulgated on product endorsements could result in injunctions for bloggers and advertisers, who could be ordered to reimburse consumers for financial losses stemming from product reviews that are considered inappropriate under the new guidance.

Features

Compensation and Risk-Taking Image

Compensation and Risk-Taking

Dan Borge

Spurred on by an angry public, regulators will be requiring banks to demonstrate that their compensation policies do not result in "excessive risk-taking." Any bankers hoping this issue will fade away are going to be disappointed. Risk-based compensation is on its way and banks should start now to get ready for it.

Features

Is There a Chinese Import Nightmare Looming from Nonroad Equipment? Image

Is There a Chinese Import Nightmare Looming from Nonroad Equipment?

R. Paul Roecker

Small, spark-ignited nonroad engines from China are the latest imports that run afoul of U.S. standards, as many do not meet the requirements of the Clean Air Act.

Features

Corporate Disclosure: The Twitter Effect Image

Corporate Disclosure: The Twitter Effect

Stephen E. Older

In May, the New York Stock Exchange implemented new rules allowing for the use of corporate Web sites as a primary vehicle for disseminating material company information.

Features

Employment Rights and Returning Armed Forces Members Image

Employment Rights and Returning Armed Forces Members

David C. Henderson & Matthew P. Ritchie

The United States Department of Justice (DOJ) recently increased enforcement efforts against employers believed to have discriminated against armed forces members returning from active duty and seeking to reenter the civilian workforce. Here's what you need to know.

Features

FCPA Individual-Liability Prosecutors Want YOU! Image

FCPA Individual-Liability Prosecutors Want YOU!

John Rahie & Jeffrey Harfenist

Over the last ten years, U.S. corporations conducting business outside the country have witnessed a dramatic increase in the enforcement of the Foreign Corrupt Practices Act (FCPA) and the severity of the financial penalties assessed. Now the DOJ and SEC have upped the ante.

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MOST POPULAR STORIES

  • The 'Sophisticated Insured' Defense
    A majority of courts consider the <i>contra proferentem</i> doctrine to be a pillar of insurance law. The doctrine requires ambiguous terms in an insurance policy to be construed against the insurer and in favor of coverage for the insured. A prominent rationale behind the doctrine is that insurance policies are usually standard-form contracts drafted entirely by insurers.
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  • Abandoned and Unused Cables: A Hidden Liability Under the 2002 National Electric Code
    In an effort to minimize the release of toxic gasses from cables in the event of fire, the 2002 version of the National Electric Code ("NEC"), promulgated by the National Fire Protection Association, sets forth new guidelines requiring that abandoned cables must be removed from buildings unless they are located in metal raceways or tagged "For Future Use." While the NEC is not, in itself, binding law, most jurisdictions in the United States adopt the NEC by reference in their state or local building and fire codes. Thus, noncompliance with the recent NEC guidelines will likely mean that a building is in violation of a building or fire code. If so, the building owner may also be in breach of agreements with tenants and lenders and may be jeopardizing its fire insurance coverage. Even in jurisdictions where the 2002 NEC has not been adopted, it may be argued that the guidelines represent the standard of reasonable care and could result in tort liability for the landlord if toxic gasses from abandoned cables are emitted in a fire. With these potential liabilities in mind, this article discusses: 1) how to address the abandoned wires and cables currently located within the risers, ceilings and other areas of properties, and 2) additional considerations in the placement and removal of telecommunications cables going forward.
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