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Legal Alerts


NAIC Report: 2014 Spring National Meeting (April 14, 2014)
The National Association of Insurance Commissioners (NAIC) met for its Spring National Meeting in Orlando, Florida from March 29 through April 1. Typical for the first national meeting of the year, ...
Legal Alert: IRS Offers Two New Due Diligence Safe Harbor Procedures for Accepting Rollovers into Qualified Plans (April 8, 2014)
On April 3, 2014, the Internal Revenue Service released Revenue Ruling 2014-9 (the Ruling), which provides guidance helpful to the administration of rollovers by tax-qualified retirement plans ...
Legal Alert: Department of Labor Issues Interim Final Employee Whistleblower Rule Under the Consumer Financial Protection Act (April 8, 2014)
On April 4, 2014, the Department of Labor (DOL) issued an Interim Final Rule establishing procedures concerning the manner in which the Occupational Safety and Health Administration (OSHA) will ...
Legal Alert: Obama Issues Executive Order and Presidential Memorandum Concerning Equal Pay Initiatives for Federal Contractors (April 8, 2014)
Today President Obama issued an Executive Order and Presidential Memorandum intended to address equal pay for women (Click here to access the Executive Order and here to access the Presidential ...
Legal Alert: The Honeymoon Is Over: IRS Says It Is Time to Amend Plans to Cover Same-Sex Spouses (April 7, 2014)
On April 4, 2014, the Internal Revenue Service (IRS) released Notice 2014-19, which provides a series of Q&As regarding the application of the U.S. Supreme Court’s decision in United States v. ...
Legal Alert: Georgia District Court Judge Rules that FIRREA Precludes D&O Insurer Declaratory Judgment Actions Against FDIC as Receiver and Insured D&Os (April 2, 2014)
On March 5, 2014, Judge Richard Story in the United States District Court for the Northern District of Georgia issued an order denying Plaintiff OneBeacon Midwest Insurance Company’s (OneBeacon) ...
Legal Alert: CFTC Affords Market Participants a “Second Bite” at the Swap Recordkeeping and Reporting Rules (April 2, 2014)
Last month, the Commodity Futures Trading Commission (CFTC) issued a request for public comment on its swap data recordkeeping and reporting requirements under Part 45 of its regulations. The CFTC ...
Legal Alert: The CFPB Releases Its “Data Point” Report on Payday Lending (April 2, 2014)
On March 25, 2014, the Consumer Financial Protection Bureau (CFPB) released its second report on payday lending. This report followed a white paper on payday lending and deposit advance products that ...
Legal Alert: Virtual Reality: IRS Provides Guidance on the Treatment of Bitcoin and Other Virtual Currency Transactions (March 31, 2014)
On March 25, 2014, the Internal Revenue Service (IRS) issued Notice 2014-21 (the Notice), which provides guidance regarding the tax treatment of Bitcoins and other virtual currency through a series ...
Legal Alert: FERC Issues a NOPR Reforming Gas Day and Two Orders to Improve Natural Gas – Electric Generation Industry Coordination (March 26, 2014)
On March 20, 2014, the Federal Energy Regulatory Commission (FERC) issued a Notice of Proposed Rulemaking (NOPR)1 and two separate, but related, Orders2 to improve the coordination of scheduling ...
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