A bank’s data processing agreement is typically one of its most important contracts—yet, it is frequently entered into without legal review, or without even being read.
When an older woman entered her local bank, the teller on duty immediately noticed something was wrong.
The IRS audit rules for all partnerships (including LLCs that are taxed for income tax purposes as partnerships) have changed dramatically.
In 2015, Congress passed 26 U.S.C. Section 7345, entitled “Revocation or Denial of Passport in Case of Certain Tax Delinquencies.”
On January 9, 2018, the U.S. District Court in the 9th Circuit issued an order directing the government to partially maintain the Deferred Action for Childhood Arrivals (DACA) program, which on September 5, 2017, the Trump Administration had rescinded.
The Financial Industry Regulatory Authority (FINRA) published its 2018 Annual Regulatory and Examination Priorities Letter on January 8, 2018.
On Friday, January 20, 2018, Congress failed to pass a budget, shutting down the federal government except for certain “essential” functions.
While it is estimated that counterfeiting costs the global economy more than $250 billion per year, the damage counterfeiters do to brands by offering faulty and sometimes dangerous knock-off products is immeasurable.
USCIS will start accepting H-1B petitions for fiscal year 2019 (October 1, 2018-September 30, 2019) on April 1, 2018.
E-Verify employers can now request authorization from USCIS to post the trademarked E-Verify logo on their websites, presentation materials, and brochures.
USCIS recently announced that employers have received scam emails requesting Employment Eligibility Verification (Form I-9) information.
Acting Secretary of Homeland Security Elaine Duke is terminating TPS for Nicaragua with a delayed effective date of 12 months, to January 5, 2019.
A federal court granted two California counties’ motions for summary judgment and permanently enjoined the defunding and enforcement provisions of the Trump administration’s executive order with respect to “sanctuary jurisdictions.”
Haitians with TPS must reapply for employment authorization documents to continue working legally in the United States until the end of the extension period.
USCIS has designated two Administrative Appeals Office decisions as Adopted Decisions.
On September 24, the president issued a proclamation that replaced his prior executive orders regarding a travel ban (to the U.S.) of people from mostly Muslim nations.
Over a year after the Supreme Court’s decision in Halo Electronics, district courts continue to disagree over what is required to adequately plead a claim for willful infringement. The District of Minnesota is beginning to enter the fray.
Although backdating can be either legitimate or improper, it is often misunderstood and associated with wrongdoing.
There are many things in life where “close enough” will work, but when it comes to filing a financing statement in a secured loan transaction, getting the name of the debtor “close enough” just won’t do.
Minimum wage hike initiatives continue to garner press attention and momentum nationwide. Lobbying and pressure on the national, state and local levels continues, and a growing number of states and cities have responded.
As of January 1, 2018, all Minnesota limited liability companies (LLCs) will be governed by Minnesota’s new LLC statute, Chapter 322C, including LLCs formed under the predecessor LLC statute, Chapter 322B. Chapter 322C is different in significant ways from Chapter 322B.
USCIS recently announced that employers have received scam emails requesting Form I-9, Employment Eligibility Verification, information.
Under updated policy guidance, USCIS is instructing its officers to apply the same level of scrutiny to both initial petitions and extension requests for certain nonimmigrant visa categories.
This week we will take a look at two more examples of commonly negotiated terms.
Acting Secretary of Homeland Security Elaine Duke is terminating TPS for Nicaragua with a delayed effective date of 12 months, to January 5, 2019.
Senator Grassley's letter noted that "[g]iven President Trump's willingness to reevaluate—or reject—any and all of the NAFTA agreement, in the interest of protecting American workers, I recommend that you specifically include temporary workers in the ongoing NAFTA review."
USCIS recently changed the direct filing addresses for certain petitioners using Form I-129, Petition for a Nonimmigrant Worker.
Citing current imbalances on the steel industry, the Mexican government increased the import duties on 97 customs tariff classification codes of iron and steel products by 15 percent.
What goes on when crafting an acquisition agreement to purchase a company?
The Internal Revenue Service has announced the 2018 cost-of-living adjustments (COLAs) for retirement plans. Some limits have increased, and some have remained the same.
The cable advises posts on revised guidance regarding the 90-day rule, formerly known as the "30/60 day rule."
Much like overtime being provided in the game of football, two pilot programs initiated by the USPTO have provided forms of prosecution “overtime” for patent applicants.
In addition to suing Fordham University, the College of Westchester, Iona College and the College of New Rochelle have also been named in class action lawsuits alleging that inaccessible websites violate the Americans with Disabilities Act and other laws.
On July 17, 2017, USCIS issued a revised version of the I-9, Employment Eligibility Verification Form.
Being strategic about where to pursue foreign patent protection can go a long way in efficiently using available resources while still acquiring meaningful protection for an invention.
Learn about ways to avoid unnecessary risk.
For years, the United States has struggled to find an appropriate policy for the Dreamers, which refers to children who were brought to the United States without immigration status.
At this time last year, employers were deciding how to comply with the DOL's new rule that more than doubled the salary threshold for exempt employees under the FLSA.
In May 2017, the United States Supreme Court decided TC Heartland LLC v. Kraft Foods and limited venue in patent cases to where a corporate defendant is incorporated or has a regular and established place of business.
Last year, banks worldwide experienced cyber attacks through the SWIFT messaging system.
Community banks require a consistent flow of incoming capital for growth and success in the market. One flexible and effective method bank holding companies can use to raise capital is a stock or capital notes offering.
Effective for tax years beginning after December 31, 2016, a “financial institution” for Minnesota tax purposes includes both corporations and “other business entities,” such as limited liability companies, that perform financial institution activities.
On August 25, 2017, U.S. Citizenship and Immigration Services (USCIS) announced that it will be implementing across the board in-person interviews at local field offices for a broadened range of permanent residence applications.
On June 5, 2017, the Supreme Court placed a significant limitation on the SEC's use of disgorgement in enforcement actions.
The North Dakota legislature substantially modified the program, reenacting it as the “Angel Investor” tax credit program during the 2017 legislative session.
New cybersecurity regulations impacting broker-dealers and investment advisers in Colorado went into effect over the weekend.
On June 30, 2017, the Minneapolis City Council passed an ordinance raising minimum wage rates in Minneapolis over a seven-year period.
On June 26, 2017, the Supreme Court of the United States allowed parts of the Trump Administration’s travel ban to go into effect.
The Financial Industry Regulatory Authority announced a February 5, 2018, effective date for FINRA’s new rules aimed at addressing financial exploitation of seniors.
The Patent Trial and Appeal Board’s decision creates a loophole that enables challengers to bring new kinds of attacks against older applications.
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