Latest Publications and Blogs
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Blogs
|March 24, 2023Still Waiting: DOL Expected to Issue Final Rule on Independent Contractor Classification in May 2023Last year, the Department of Labor (DOL) published a Notice of Proposed Rulemaking regarding its present guidance on the classification of independent contractors. The Proposed Rule rescinds the 2021 Independent Contractor Rule, Independent Contractor Status Under the Fair Labor Standards Act, published in January 2021, and contains general interpretations for determining worker status.
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Legal Alerts
|March 22, 2023Plaintiffs’ attorneys throughout Florida are rushing to file lawsuits in anticipation of sweeping tort reform legislation. It has been reported that some plaintiffs’ firms in the Sunshine State have filed hundreds – and in some cases thousands – of new lawsuits this week ahead of the potential enactment of the bill. It has also been reported that this record number of new suits being filed is causing difficulty and failures in some court computer systems.
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Legal Alerts
|March 21, 2023According to the Federal Bureau of Investigation’s (FBI) annual Internet Crime Report, released this month, Americans lost $10.3 billion to an array of internet scams during 2022. Although news regarding cyber scams in the financial services, retail, and healthcare industries often make headlines, other industries have seen an increase in fraudulent schemes in recent years. Specifically, a new type of internet-based scam involving phony purchase orders has penetrated the transportation industry.
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Legal Alerts
|March 21, 2023In Muslar v. Hall, 2023 NY Slip Op 01063 (1st Dep’t 2023), the Appellate Division, First Department, recently reversed the trial court’s award of summary judgment to a rental company under the Graves Amendment because the affidavits provided were “of no probative value.”
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Legal Alerts
|March 21, 2023The Russian Elites, Proxies, and Oligarchs (REPO) Task Force, which was established to enforce multi-national sanctions against Russia, issued an advisory on March 9, 2023, identifying common measures used to evade the interdiction efforts of the REPO Task Force. Through these new actions, the REPO Task Force has now moved to crack down on sanctions evasion schemes.
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Legal Alerts
|March 20, 2023Having failed to quickly find a buyer for the assets and deposits of the newly created Silicon Valley Bank, N.A., Santa Clara, California (SVB), the FDIC has announced that it will expand the bidding process in the hopes of maximizing the value it can obtain from a sale. Now, non-banks will have the unusual opportunity to acquire assets from SVB.
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Legal Alerts
|March 15, 2023On January 25, 2023, the Financial Crimes Enforcement Network (FinCEN) issued an alert that could significantly impact the acquisition of commercial real estate (CRE) in the U.S. by foreign individuals and entities. The new alert complements ongoing U.S. government efforts to isolate sanctioned Russian elites, oligarchs, and their proxies.
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Legal Alerts
|March 14, 2023Silicon Valley Bank (SVB), based in Santa Clara, California ($209 billion in assets), and Signature Bank (Signature), based in New York, New York ($110 billion in assets), were closed over the weekend and the FDIC was appointed receiver of both banks. The senior management of both banks has been removed, which is standard procedure. SVB and Signature debt will be sold by the FDIC to other banks in the upcoming weeks.
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Legal Alerts
|March 13, 2023The Supreme Court of Connecticut recently determined that the opinion letter requirement under Connecticut General Statutes § 52-190(a) – the accidental failure of suit statute – did not implicate a court’s personal jurisdiction. In so holding, Connecticut’s highest court not only reversed the dismissal of the dental malpractice action before it, but also overruled other prior Connecticut decisions.
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Legal Alerts
|March 13, 2023The United States Department of Justice (DOJ) continues its efforts to seize and forfeit high-profile foreign-based assets owned by Russian companies and individuals in response to Russia’s actions in the Ukraine conflict.
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