President Obama issues executive order making it illegal for Federal Government contractors to discriminate on the basis of sexual orientation or gender identity

President Obama issues executive order making it illegal for Federal Government contractors to discriminate on the basis of sexual orientation or gender identity

On July 21, 2014, President Obama issued an Executive Order that makes it illegal for federal government contractors to discriminate on the basis of sexual orientation or gender identity. The Executive Order amends Executive Order 11246, first issued in 1965, which prohibits federal government contractors and subcontractors from discriminating against ... Read More »

FRC proposes revisions to the UK Corporate Governance Code

FRC proposes revisions to the UK Corporate Governance Code

In April 2014 the UK’s Financial Report Council (FRC) published its consultation document on the proposed revisions to the UK Corporate Governance Code (the Code).  The consultation follows previous consultations in 2013 on directors’ remuneration and risk management, internal control and the going concern basis of accounting.  The consultation document ... Read More »

Physicians and teaching hospitals should register and review reporting of payments made and interests held before they are released to the public

Physicians and teaching hospitals should register and review reporting of payments made and interests held before they are released to the public

On September 30, 2014, the Centers for Medicare and Medicaid Services (“CMS”) will release information to the public relating to certain payments to physicians and teaching hospitals (collectively “Covered Providers”) from drug/device manufacturers and group purchasing organizations, as well as information on physician ownership and investment interests in certain drug/device ... Read More »

Reform to judicial review

Reform to judicial review

Judicial review is the procedure by which decisions of public law bodies and those of other bodies carrying out public law functions may be challenged through the English courts. With the growth of regulation, these decisions have increased in importance as has the use of the judicial review procedure to ... Read More »

NLRB expanding joint employer standard?

NLRB expanding joint employer standard?

Maybe. Organizations representing a variety of business and labor interests accepted the NLRB’s invitation to weigh in on whether the board should reconsider its standard for determining when organizations are deemed “joint employers.” Teamsters Local 350 requested the NLRB review a decision which found Browning-Ferris and its subcontractor, Leadpoint (which provides employees ... Read More »

Personal injury payment in the case of divorce (division of matrimonial property)

Personal injury payment in the case of divorce (division of matrimonial property)

If two persons are married in community of property and these two persons are divorced, the joint (matrimonial) property has to be divided between the (former) spouses. That property includes in principle any personal injury payment that was made to one of the (former) spouses during their marriage. Assets that ... Read More »

Flexible working

Flexible working

In the UK, the right to request flexible working is currently restricted to employees with responsibility for children or those who qualify as carers. From 30 June 2014 all qualifying employees, regardless of whether or not they have care responsibilities, will have the right to make a flexible working request. ... Read More »

Financing property in Germany – a market with risks and opportunities for Dutch banks and consumers

Financing property in Germany – a market with risks and opportunities for Dutch banks and consumers

Penalties for accelerated repayment of mortgages The number of Dutch citizens who buy a house just across the border in Germany has continued to increase in recent years. The favourable housing prices and the low cost of living are the main reasons for moving to Germany. The influx of Dutch ... Read More »

Citigroup, Inc. to pay $7 billion in a global settlement with the Department of Justice for the company’s role in the financial crisis

Citigroup, Inc. to pay $7 billion in a global settlement with the Department of Justice for the company’s role in the financial crisis

The Justice Department, along with federal and state partners, today announced a $7 billion settlement with Citigroup Inc. to resolve federal and state civil claims related to Citigroup’s conduct in the packaging, securitization, marketing, sale and issuance of residential mortgage-backed securities (RMBS) prior to Jan. 1, 2009. The resolution includes a ... Read More »

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