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 | Elections in Québec: The Liberals' Action Plan for the Economy Jean Masson; Fasken Martineau DuMoulin LLP; Legal Alert/Article November 22, 2009, previously published on December 2008 Last December 8th, Quebecers brought Jean Charest's Liberals back into power with a majority government. |
 | Revenue Procedure 2008-65 Clarifies Opportunity for Corporate Taxpayers to Cash in on Unused Credits Todd B. Reinstein, Marc D. Nickel; Pepper Hamilton LLP; Legal Alert/Article November 22, 2009, previously published on November 4, 2008 In February 2008, Congress enacted the Economic Stimulus Act of 2008, which, among other things, amended Section 168(k) of the Internal Revenue Code to allow taxpayers to take an additional 50 percent first-year depreciation deduction for certain new property acquired after 2007 and placed in... |
| Collective Agreement Can Specify an Agreed Penalty for Employee Misconduct Vicki L. Giles, Thomas W. R. Ross, Glenn D. Tait; McLennan Ross LLP; Legal Alert/Article November 22, 2009, previously published on December 17, 2008 A recent decision of an Ontario court reminds us about the ability of a union and a company to specify in their collective agreement what the penalty will be for certain employee misconduct. |
| Religious Workers Entitled to Concurrent Filing for Permanent Residence Barbara Webb Menefee; Frost Brown Todd LLC; Legal Alert/Article November 22, 2009, previously published on July 8, 2009 There has been an important change in the law with regard to how religious workers apply for permanent residence. Ruiz-Diaz v. United States, No. C07-1881RSL (W.D. Wash. June 11, 2009) held the concurrent filing regulation that prohibited religious workers from being able to file their Forms I-360,... |
| OCC Action Aids Private Equity Investment in Failed Institutions Steven S. Dunlevie, Elizabeth O. Temple, Richard A. Hills, David W. Adams, Robin Ralls; Womble Carlyle Sandridge & Rice; Legal Alert/Article November 22, 2009, previously published on December 1, 2008 On November 25, 2008, the Office of the Comptroller of Currency (the "OCC") released an approval letter to establish a new national bank "shelf charter." |
| Consumer Product Safety Commission Issues New Clarifying Regulation on General Conformity Certificate Requirement of the CPSIA Stephen P. Murphy, Antony B. Klapper, Mark A. Brand, Barry J. Thompson; Reed Smith LLP; Legal Alert/Article November 22, 2009, previously published on November 2008 Yesterday, Nov. 11, 2008, the Consumer Product Safety Commission ("CPSC") posted a new regulation, approved by a 2-0 vote, narrowing the category of companies that need to issue general conformity certificates. |
| FAQ: FDIC New Sweep Disclosure Final Rule William T. Repasky, Jane Hils Shea; Frost Brown Todd LLC; Legal Alert/Article November 22, 2009, previously published on June 23, 2009 A. Prominently disclose whether the swept assets are deposits (pursuant to 12 USC 1813(1)).
B. If they are not, then disclose the status the funds would have if the bank were to fail (e.g., secured creditor or general creditor status). |
| Getting Ready for the RACs: CMS Begins Nationwide Rollout of Medicare Audit Program Andrew J. Siegel; Pepper Hamilton LLP; Legal Alert/Article November 22, 2009, previously published on November 3, 2008 This month the Centers for Medicare & Medicaid Services (CMS) implemented a nationwide expansion of the three-year pilot program designed to identify fraud and abuse in the Medicare system. |
| More Alphabet Soup: Federal Reserve Creates $200 Billion Term Asset-Backed Securities Loan Facility (TALF) Craig R. Mills, Richard L. Fried, Allan N. Krinsman; Stroock & Stroock & Lavan LLP; Legal Alert/Article November 22, 2009, previously published on November 26, 2008 Get ready for a new acronym to join the alphabet soup of programs announced recently by the Government to help restore the nation's economy. On Tuesday, November 25, the Federal Reserve Board and the U.S. Department of Treasury announced the creation of the Term Asset-Backed Securities Lending... |
| University Hospital Settles Medicare Fraudulent Billing Claims for $88.9 Million Jennifer W. Shon; Clausen Miller PC; Legal Alert/Article November 22, 2009, previously published on November 2008 On September 10, 2008, Staten Island University Hospital agreed to pay federal and state authorities $88.9 million to settle claims that it over billed or improperly charged Medicaid, Medicare and TRICARE, the military's health insurance program. |
