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New Regulations Affect '457 Plans for Non Profits Image

New Regulations Affect '457 Plans for Non Profits

Lawrence L. Bell

The announcement on June 21, 2016 by the Department of the Treasury provides further bright line tests for benefits provided by non-profits for their executives and professionals.

Features

Intellectual Property Rights in the UK After Brexit Image

Intellectual Property Rights in the UK After Brexit

Lawrence E. Ashery

While the dust continues to settle from Brexit, questions abound regarding how the United Kingdom's historic vote to leave the European Union will affect the future. Intellectual property owners have a variety of mechanisms available for the protection of their patents, designs and trademarks, and Brexit has different significance depending upon how intellectual property protection in the UK was obtained.

Features

Five Steps to a Successful Social Media Strategy Image

Five Steps to a Successful Social Media Strategy

Adrian Dayton & Jeff Litvack

Have you heard? 70% of the U.S. Internet population are using social media and more than 50% of them are over the age of 35 (that's right ' it's not just millennials). But did you know that in-house counsel are active social media participants? In fact, their usage is growing and today nearly two-thirds of general counsel are engaging at least weekly in social media for professional reasons.

Features

Online Discount Pricing Policies Face Increasing Scrutiny Image

Online Discount Pricing Policies Face Increasing Scrutiny

Andrew B. Lustigman & Scott A. Shaffer

Consumers, particularly online shoppers, are constantly looking for a discount. Given that "nobody pays retail anymore," online retailers are facing increased challenges when comparing their own discounted prices to original or suggested retail prices. As a result, retailers are being accused with greater frequency of exaggerating discounts in comparison to inflated original prices.

Features

International Cybersecurity Compliance Concerns Image

International Cybersecurity Compliance Concerns

Steven Rubin & Stephen Milne

Social media has made even the most mundane and possibly personal pieces of data available to many with a press of a finger. Such an open relinquishment of private information is almost assumed, and has become part of the American culture. Those who think about how easy it is to access data understand how their own data has become part of the searchable cyberspace.

Features

What Do Law Firms Need to Know About Cloud Cybersecurity? Image

What Do Law Firms Need to Know About Cloud Cybersecurity?

Alvin Tedjamulia

Here's the premise: The cloud is a fundamental technology solution option that truly solves all kinds of law firm business and legal IT challenges including innovation, security, governance, global availability, etc. Modern law firms want the efficiency, the security and the global access of the cloud, while satisfying the security demands of their clients.

Features

Fundamental Issues in U.S. Taxation of Foreign Entertainers and Athletes Image

Fundamental Issues in U.S. Taxation of Foreign Entertainers and Athletes

Robert M. Jason

Even if a foreign athlete or entertainer has spent "too many" days in the United States and satisfies the "substantial presence test" (i.e., the individual's weighted sum of days over a three-year period is at least 183 days), there are two important ways in which the individual might nevertheless be treated as a nonresident, rather than a resident, alien.

Features

Valuable Information Security Lessons from <i>Olympus Mortgage vs. Guaranteed Rate</i> Image

Valuable Information Security Lessons from <i>Olympus Mortgage vs. Guaranteed Rate</i>

Craig Nazzaro & Tracy E. Weir

Earlier this year, a jury awarded Mount Olympus Mortgage Company (MOMC) more than $25 million for its claims against Guaranteed Rate, which alleged Guaranteed ' along with other former employees of MOMC ' illegally transferred hundreds of loan files from MOMC's internal systems to Guaranteed. The award is notable for showcasing how important it is for a company to maintain control of its data security, both from external threats and employees.

Features

European Data Protection Supervisor Suggests Path After Parliament Dismisses Privacy Shield Draft Image

European Data Protection Supervisor Suggests Path After Parliament Dismisses Privacy Shield Draft

Ricci Dipshan

On May 26, coming less than two months after the Article 29 Working Party rebuke of the Privacy Shield, the EU parliament voted 501 to 119 on a resolution calling for negotiations on the agreement to continue. Its criticisms of the text echoed that of the Working Party, namely the Privacy Shield's insufficiency in dealing with U.S. mass surveillance, protecting EU individual data rights and protections, and effectively enforcing its regulations.

Features

Bonus Compensation Clawbacks Image

Bonus Compensation Clawbacks

Marc Fagel, Monica Loseman & Scott Campbell

In an emerging trend, chief executive officers and chief financial officers of companies settling U.S. Securities and Exchange Commission (SEC) financial reporting cases are personally paying back bonuses and other incentive-based compensation, despite the absence of accusations of personal misconduct or formal SEC actions against them individually.

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